11.29.2007

Students in developing nations learn a lot thanks to small loans

Save the Children estimates that about 100 million children in developing nations are out of school – 60 percent of them girls. Despite some progress toward meeting the United Nations' Millennium Development Goal of universal primary education by 2015, many countries simply don't have enough public school spaces to educate all their children – particularly in the most remote or economically distraught areas.

Microloans, often used to help small businesses, are now helping private schools in Ghana and elsewhere. (CS Monitor)