The School in the Market & The Market for Schools

February 12
23 mins

Episode Description

When Irene Pritzker walked into the Agbogbloshie Market in Ghana’s capital city of Accra in 2008, her heart ached.

Inside the market was a small but growing school—Paulina’s Queensland School, run by entrepreneur Paulina Nlando—with between 100 and 150 students. It was in a desperate state of physical disrepair, with dirt floors, poor lighting, and dangerous exposed wiring. But Paulina and thousands of school owners like her were unable to obtain business loans to improve their schools. 

Upon returning to the U.S., Irene made herself a promise that she would do everything in her power to give schools like Paulina’s a fighting chance.


Irene Pritzker cofounded the IDP Foundation, Inc., with her daughter, Liesel, in 2008. She was motivated when she visited Ghana that same year and saw how many local schools had barely any infrastructure or resources. Irene considered whether it would be possible to successfully provide a business loan to these schools given that they had no collateral but were serving the poorest families in Ghana.

As an advocate for developing sustainable and market-driven solutions that are no longer aid-dependent, Irene has frequently been invited to share the work of her philosophy behind the IDP Rising Schools Program. She has given major speeches on effective philanthropic investment and participated in numerous panels at the United Nations and other international forums, including throughout the US, Accra, Beijing, Paris, Zurich, Istanbul, Rome, and Dubai.

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