Microfinance for School Builders

Opportunity International, a dgMicrofinance Cooperating Organization and leading innovator in the microfinance industry, launched this year Microschools of Opportunity™, a new initiative that provides loans to "edupreneurs" who open schools in poor neighborhoods where children cannot access public school for a variety of reasons.

From Development Gateway. (http://topics.developmentgateway.org/microfinance) This sounds like a wonderful idea. The positive externalities arising from construction of a new school are obviously quite large and, based on my own personal experience in India, it seems like this is a sector with high growth potential and in which access to finance is a significant obstacle.