Nelson Mandela once said that education is the most powerful weapon you can use to change the world. If that’s the case, then a new (adorable) arsenal of change agents is being created in rural India, thanks to our investee company Hippocampus Learning Centres (HLC).
Children enrolled at Hippocampus Learning Centres display their colorful creations.
In India, like many countries in the world, there is a severe need for quality early education, especially in rural areas. Hippocampus solves this need for low-income families by providing pre- and after-school programs at an affordable monthly rate. The company also creates local employment opportunities for women who become teachers. These teachers use international best practices to foster curiosity and critical thinking skills instead of rote memorization, which is common in most public schools.
In 2012, Acumen made a $700,000 equity investment in HLC to help them develop this innovative, low-cost model for providing better learning outcomes. The company aims to serve over 7,000 students in 100 villages over the next two academic years, transforming access to high-quality education in rural India.
To learn more about Hippocampus and the value of education to these low-income families, check out the video below. (Obviously the video also features lots of cute kids–in case you needed another reason to watch.)