Priestland Educational Centre: Effective Accounting Records and Loan Management
The IDP Rising Schools Program training has been an eye-opener for me, and miraculous for Priestland Educational Centre.
The IDP Rising Schools Program training has been an eye-opener for me, and miraculous for Priestland Educational Centre.
Within the past decade, there has been a surge in low-fee private schools in some of the poorest countries across the globe. In 2010, there were an estimated one million private schools in the developing world; however, the fastest-growing group of these are small low-fee private schools, run by entrepreneurs in poor areas that cater to those living on less than $2 (USD) a day.
Comfort Amesawu is the proprietor of Bescal Jewels Academy in Tema, within Ghana’s Greater Accra region. Prior to enrolling in the IDP Rising Schools Program (IDPRS), Comfort did not have a written business plan for her school.
When Eric Ansah Yirenki of Good News International School enrolled in the IDPRS Program, he was trying to figure out how he could increase the number of students able to obtain an education, while also increasing income to ensure teachers were paid on time and in full.
Taking out a loan through the Rising Schools Program increased David’s effectiveness in his ability to lead his staff, manage the state of the school, strengthen the community, handle repayments responsibly, and even open a savings account through Sinapi Aba Savings and Loan.
Benjamin Boateng established Peaceland Preparatory in Ghana in 2000, charging 7 USD per term to provide an affordable education for the children of poor parents in his community.
Across Africa people face the challenge of securing land tenure. Ghana is just one example of a country where land rights are governed by legal pluralism, whereby customary, statutory and religious laws overlap in governing a single territory.
Every year, several hundred thousand Junior High School students take the Basic Education Certificate Examination in Ghana. This highly competitive exam largely determines their educational future, as it selects the students who qualify to attend Senior High School, as well as decide which school they will attend. With such high stakes, the IDP Rising Schools Program is thrilled to highlight two schools that did particularly well on the exam.