SEED, EdFin Microfinance Bank sign groundbreaking pact to support private schools with access to finance, quality assessment, training

News Express |15th Aug 2019 | 1,125
SEED, EdFin Microfinance Bank sign groundbreaking pact to support private schools with access to finance, quality assessment, training

SEED and EdFin officials at the partnership-signing ceremony

To help overcome the obstacles that lack of required resources to improve the infrastructure for teaching and learning, a groundbreaking partnership signing agreement took place on Wednesday, August 14, 2019 between Sustainable Education and Enterprise Development (SEED) and EdFin Microfinance Bank.

Affordable private schools in Lagos can now benefit from SEED’s quality assessment and training as well as benefit from EdFin’s credit products for schools, teachers and parents.

SEED will be deploying its proprietary tool SEED Quality Assessment Tool (SQAT), an innovative school development and continuous improvement tool, to catalyse transformation within these schools.

Since 2016, SEED has provided development support services to over 700 private schools in the six Education Districts of Lagos State towards building lasting pathways to education quality.

The founder, Ms Olanrewaju Oniyitan, was recently recognised by the Obama Foundation for her work with SEED and was selected as a 2019 Obama Africa Leader to further develop SEED’s impact on the continent.

Launched in 2019, Edfin Microfinance Bank is a pioneering institution dedicated exclusively to financing the education eco-space towards positively disrupting the standard and quality of education in Nigeria. It was founded in collaboration with Gray Matter Capital (GMC) USA, a US-based impact investor concerned with improving the quality of education for underserved children in developing countries. EdFin is focused on facilitating a more enabling environment for private schools in order for them to be able to offer quality education.

“Now that SEED and EdFin MFB have joined forces to increase access to quality education, parents and children in Nigeria can count on a dynamic collaboration to improve learning outcomes at our nation’s affordable private schools.

“We are thrilled that these schools can begin their transformational journey with SEED’s quality assessment and training as well as EdFin’s credit products for schools, teachers and parents,” Oniyitan said.

Comments

Post Comment

Thursday, September 25, 2025 10:27 PM
ADVERTISEMENT

Follow us on

GOCOP Accredited Member

GOCOP Accredited member
logo

NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.

Contact

Adetoun Close, Off College Road, Ogba, Ikeja, Lagos State.
+234(0)8098020976, 07013416146, 08066020976
info@newsexpressngr.com

Find us on

Facebook
Twitter

Copyright NewsExpress Nigeria 2025