Social Enterprise Financing Case Study

Enterprises require sufficient finances on a sustainable basis to achieve their set goals and deliver effective, efficient, innovative, and quality services. More so the social enterprises as they cater to a larger base. Yet social enterprises the world over face funding challenges. Special schools are no exception, even if they are established by the government for social upliftment and enhanced inclusivity. Hence, the aim of this paper is to explore the challenges special schools face in Windhoek, Namibia. Adopting exploratory research design with mixed methodology approach, quantitative data collection by questionnaire from 50 participants and qualitative data collected through structured interviews include four management staff of two special schools, one each from philanthropic organization Ministry of Education. Findings reveal the various reasons for challenges in financing are due to the Government abolishment of the School Development Fund (SDF) and cuts in education budgets due to financial crisis. Recommendations include special planning and private-public partnerships.