The OPIC Blog

Schwab Foundation names Bridge International Academies one of 2014’s top social entrepreneurs

 Kenya students and teacher in classroom

Bridge International Academies, a low-cost network of schools in Kenya that is expanding with the support of OPIC financing, has been named one of the Social Entrepreneurs of the Year for 2014 by the Schwab Foundation for Social Entrepreneurship.

Bridge’s innovative model offers high-quality education for less than $6 per student, per month to thousands of children in hundreds of schools constructed across Kenya, largely in rural areas. With the help of a $10 million OPIC loan, Bridge has expanded to over 230 schools across Kenya and is aiming to reach an estimated 300,000 students by 2022 as its network expands.

OPIC’s efforts to support Impact Investing have helped exemplary projects like Bridge in recent years. By supporting private investors, Impact Investing creates social or environmental benefit while generating stable financial returns.

Schwab Foundation is an independent organization founded with the purpose to advance social entrepreneurship, innovation and progress. The foundation’s annual list of distinguished social entrepreneurs highlights exemplary projects.


Share and Enjoy

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

Related Post

The Liberian Observer Features Elizabeth L. Littlefield on Liberia’s Investment Opportunity

“We are here to offer Liberian companies face-to-face access to investors and to provide information about the resources that OPIC...

Advancing global development through impact investing: OPIC featured in OnFrontiers

What constitutes an impact investment? OPIC’s Dia Martin offers a simple explanation. It covers, she says, the things “you need...

OPIC Impact Awards celebrates all the ways our partners advance development

By Judith Pryor OPIC Vice President, Office of External Affairs Last week, I had the honor of serving as MC...