Sinapi Aba Savings & Loans
In 2009, IDP Foundation, in partnership with Sinapi Aba Trust, established the Rising Schools Program in response to market demand from low-income families seeking affordable, quality education for their children. This partnership aims to improve access to quality education, and raise the profile of low-fee private schools (LFPS) in Ghana. As part of the program, SASL offers special concessionary loans to LFPS proprietors in Ghana who would otherwise not qualify, as well as financial and school management training to strengthen and improve the school’s sustainability. It also collects data for research and insights into Ghana’s LFPS sector.
Over the last 13 years, SASL (through the IDP Rising Schools Program) has disbursed more than 750 loans to 350 schools, and provided training to more than 900 LFPS, impacting over 200,000 students in basic education.