The primary objective of this project, by Khwaja, Das and Andrabi (2019) is to understand what factors constrain growth and innovation in Low-Cost Private Schools (LCPS) with an emphasis on alleviating financial and educational quality in enhancing constraints. Both financial products and educational support services (ESS) products were specifically designed (or re-designed) for this project, and introduced into a previously untapped market. Key findings include: 1) there is significant demand for financing from LCPS; 2) it is profitable and relatively low-risk to lend to schools; 3) there is significant demand for quality-enhancing ESS products and services from LCPS, but the market for these is thin and most LCPS do not have access to them.
