Stories teach kids entrepreneurial skills @ school

 
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Apr 19, 2013

Let's go to the bank (at school)

Mavis Ratna Singh’s class of Grade 9 boys at Daroga Prasad High School was the first to complete Book 15: Manjeri’s Business Loan and one week later, they crossed the finish line: they went to the bank to understand just how it works.

Be! works like this: after reading the story, kids are asked to; choose the business they’d like to start, making sure it solves a social, economic or environmental problem. They write a mini business plan and do the numbers and calculations to make a cash flow statement. From this they can then determine the size of loan they would need to take from the bank to start their business.

Now, the kids are ready to visit the local bank! 

But before they do, they prepare and write down the questions they want to ask the Bank Manager about how to take a loan.

Mavis called the SBI Bank Manager and got permission for the boys to visit. He said YES. She had also asked permission from her school Principal who was very supportive and helped in the planning and arrangements of the visit.

On Saturday, Mavis then set out with as many boys as possible stuffed in her car and a fleet of more boys followed on their bicycles. The fifteen boys who got permission had prepared their questions (with help from their friends) and Mavis gave them numbers to set the order in which to ask questions.

The Bank Manager, Mr. Kumar was absolutely delighted by the visit. He could not believe it these young boys had such insightful questions. They were so polite. It was exactly what should happen at school, a visit to the bank! He ended the day by saying: “I’m so impressed by all of you and I wish you all well in the future!” He then gave every boy a chocolate.

Mavis tells us the boys enjoyed the field trip so much that they wanted it to last longer. Her only regret was that she could not take more children. It seems like everyone in the ‘Going to...’ program (that’s what they call us, not Going to School :)) wanted to go too, but the Principal had only allowed fifteen in the first go because of safety and permission.

As the visit was such a success and all the boys were talking about at school, they arranged it again for the next Saturday. And this time we went along...

 

http://www.youtube.com/watch?v=SQW1q7GMRlI&feature=share&list=UUnLSJaciXxDwvUCuHyFqs8w

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Project Leader

Lisa Heydlauff

Director
New Delhi, India

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