PHINMA Education

Region
East Asia and Pacific
Country
Sector
Last update
10/2022

PHINMA Education reduces poverty in the Philippines by providing quality education to students from low-income families. It not only charges the students a low rate, but also offers scholarships to qualified students based on their Poverty Probability Index score. Typically, up to 60 percent of the entire student population receives a scholarship. These interventions address not just their financial and academic needs but also their psycho-social challenges. This helps them attain gainful employment.

Inclusive Business Model

PHINMA owns and manages a network of higher education institutions, mostly in the Philippines. The schools offer college degrees to low-income students. To keep tuition fees down, we PHINMA removed everything that is not essential for education PHINMA developed a curriculum that creates pass rates of about eighty percent of their students. Therefore they work with industry partners to ensure the curriculum is relevant while teaching Core Work Skills that are necessary in every industry.

Impact

About eighty percent of PHINMAS students find employment within the first twelve months upon graduation. Among employed students, about 60% found jobs very related to their field of study. Making higher education accessible to everyone also reduces inequalities and improves the lives of students’ communities. Many study to support their families. When they have found employment, they support their parents to generate an income.