In this episode of the Do One Better Podcast, host Alberto Lidji speaks with Irene Pritzker, Chair and Co-Founder of the IDP Foundation and author of The School in the Market. The conversation explores how innovative financing models can expand access to quality education in underserved communities, with a focus on Ghana and Kenya. Pritzker shares the origin story behind the foundation’s work, which began with a visit to Ghana and a revealing encounter with informal, low-cost private schools serving families who lacked viable public education options. These schools, often founded by local entrepreneurs, operate in challenging conditions yet meet a critical need. Despite strong demand from parents, they were largely excluded from traditional financial systems due to perceived risk, lack of collateral, and limited formal business training. What followed was the creation of a new model: combining microfinance with targeted training in financial literacy and school management. By partnering with local financial institutions, the IDP Foundation developed a system of small, structured loans paired with capacity-building support. The results were striking. Schools improved their infrastructure incrementally, repayment rates reached approximately 98 percent, and student outcomes began to improve. The model has since scaled significantly, reaching hundreds of thousands of students and expanding beyond Ghana into Kenya. Importantly, it has also shifted perceptions within the financial sector. Institutions that once dismissed these schools as too risky are now beginning to recognize them as viable clients and a meaningful opportunity for both impact and return. The conversation highlights the importance of collaboration between the public and private sectors. Rather than viewing low-cost private schools as competitors to government systems, Pritzker argues they should be seen as complementary, particularly in regions where public provision falls short. Governments, she notes, are increasingly engaging with the model, intrigued by both the data and the potential for improved learning outcomes. Finally, Pritzker shares insights from her broader philanthropic philosophy. She underscores the value of staying nimble, keeping governance structures lean, and focusing on interventions that can unlock larger systems change. Above all, she encourages funders and practitioners to identify overlooked opportunities where relatively small, strategic investments can catalyze significant and lasting impact. This episode offers a compelling look at how finance, entrepreneurship, and education can intersect to create scalable solutions for one of the world’s most pressing challenges. Visit our Knowledge Hub at Lidji.org for information on 350+ case studies and interviews with remarkable leaders in philanthropy, sustainability and social entrepreneurship.