This program was piloted with support from the Innovation for Education Fund, a partnership between the Governments of Rwanda and the UK, managed by Cambridge Education
This project provides loans and financial training to low-cost post-basic private schools, low income parents and their children. At the school level, there is training for the Head Teachers in financial management and school improvement loans are provided to provide better facilities and offer better quality education to the teachers and students of these low-cost private schools. School fee loans are provided to 5,000 parents to help them ensure their children access and stay in school. Moreover, learners at 24 schools are given financial education, school saving clubs are set up and the learners open their first saving accounts.The program provides loans to parents for school fees, loans to school proprietors for school improvement, and financial literacy and skills training for students.
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ScaleStudents benefited from the loans5000Loans to parents
- UOB to finalise the process of incorporating the school fee loans, school improvement loans (including training) and tertiary tuition loans in its overall product portfolio, and take these to scale without external funding. This does not rule out the potential of additional funding, which could be used to scale up more rapidly.
- UOB and MINEDUC, with DFID support, to look at lessons from other countries’ experience in low cost private schooling and M4P.
- DFID and possibly other donor agencies to follow the roll out of the school loan package and see what wider lessons can be learnt from Rwandan experiences with private sector education lending and low cost private schooling.
- UOB to get the Ministry engaged in terms of thinking about wider sector impact of loans and get clarity from Ministry what role it is able and willing to play.
Monitoring & EvaluationYes
This was mainly a descriptive study, though there are treatment and control groups with baseline and end-line using survey data, but with incomparable samples. It mainly uses surveying of
attitudes and behaviours of school proprietors, teachers, and parents. This was accompanied by interviews of proprietors, teachers and UOB officials along with Focus Group Discussions with
The project evaluation showed that school proprietors were more confident in the financial sustainability of schools. There was also a decline in the percentage of parents citing financial barriers/poverty as a reason for child dropout (50% of those who received loans cited poverty as the reason for drop-out down from 83.2% in the baseline). The fact that the implementation of the different elements of the project (school fee loans, school improvement loans and financial education) were not connected prevents relationships among them being examined (those within each element are noted in the previous section).
The program was successful for learners with 72 student saving clubs set up with 4,888 learners receiving financial education and a total of 3,785,236 Rwandan francs saved through student savings clubs. There is qualitative evidence on their attitudes to saving but with no strong differences from the control and treatment groups.