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Banking on Education - Low-Cost Private Schools’ Demand for Finance

Posted By Administration, Monday, July 3, 2017
Updated: Monday, July 3, 2017

Banking on Education:
Low-Cost Private School's Demand for Finance

by CapPlus, CapitalPlus Exchange

Private schools in five sub-Saharan African cities educate approximately
1.8 million low-income school children, including 84% of Kampala’s
children and 60% of Nairobi’s. They want to borrow $1.3 billion over the
next three years. They also conduct most of their transactions in cash,
representing an additional $1.5 billion opportunity for financial services
providers over three years.

These are top-line findings from CapitalPlus Exchange’s market research
conducted in 2016 in 998 low-cost private schools in Abuja, Dar es
Salaam, Kampala, Lusaka, and Nairobi. In four of the five cities, private
schools educate more than 40% of enrolled students.

Download the case study here.

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