The document proposes a solution to increase access to primary education for masses by establishing a chain of community-owned primary schools. The key aspects of the proposed model include fractional ownership of schools by private players, government, microfinance organizations and local community; provision of education loans by microfinance organizations; and ensuring quality, affordable education through public-private partnerships. The model aims to develop a self-sustaining cycle of education and income generation within communities.

1. Ignite Education Objective Idea for ensuring primary education accessible to masses Kumar Gaurav Gupta IIm Indore

4. Hence, Key Pain Points and Possible Options… Poor Economic Condition Low awareness among parents Perceived Opportunity Cost is High Lack of Community Pressure Inadequate Facilities Large disbursal of allocated Funds without any supervision Make it affordable: Micro financing could be one solution Educate Parents Complement primary education with vocational training Build Community Ownership, Community based Schools Partner with an Entrepreneur /Private Investor Collaborative Partnership with Private Player

6. Proposed Solution Objective Solution for providing good quality primary education to the masses, at the lowest possible price Proposed Solution A chain of primary schools operating on collaborative model where all the stake holders have fractional ownership* Entrepreneur Government Micro-Finance Organization Community *the focus is on providing quality education and reduce drop outs

8. Proposed Solution: Business Model 3 Stakeholders join and Build the school School Development Phase Operational Phase Microfinance organization gives education loan to parents of young students @ low interest rate Education loan is used to pay school fees Trust that owns the school Trust pays salaries and other expenses Government involvement ensures subsidies fees and other facilities Teacher Training school operated in partnership with Govt. and private player to prepare teachers from the same community Hence, over a period of time this would become a self sustaining cycle Even teachers comes from the same community hence, income generated is going back in the system Option to go for vocational training