Impact on community:
- Increased student intake from 726 to 767, touching the lives of more parents and students
- Hired a full time specialist in private schooling to improve quality of teaching
- Sustained 121 jobs and added 19 jobs as a direct impact of Nomou’s support
Started in 1982, the National Private School (NPS) is one of the best private schools in Muscat. Many new generation Omani parents send their children to private schools because of flexible curriculums as well as the use of the bilingual system straddling Arabic and English.
The National Private School had a slow start, but went from strength to strength since its ownership moved to entrepreneur Sayyid Barghash Said Al Said and his son in 2006. Mr Barghash planned a long term growth strategy for the provision of quality education at competitive and affordable prices.
To take the school to the next level, Mr Barghash needed the support of a financing partner to not only fund its expansion but also support strategy execution with a well-defined operational plan.
Nomou provided a loan of US$ 1,886,011 to help the school expand its capacity by 10 additional classrooms to a total of 46, and to fund the construction of a special hall for the use of female students.
On the business support front, the GroFin Oman team took on the mandate of ensuring that the school had clear process and procedures.
“We supplemented the existing strategy by developing robust process and procedures, as well as helped hire a full time specialist in private schooling to improve the quality of teaching,” says Shinil Sukumaran, GroFin Oman.
With the construction of a hall for female students with Nomou’s support, the ratio of girls to boys has improved over the years from 0.60 to 0.70. Nomou’s support has also created 19 more jobs for teachers, drivers and administrative staff, especially for Omanis whose strength has gone up from 32 to 46 as well as female staff that has increased from 63 to 73, while sustaining jobs of 121 staff.