By Krit Sharma | Project Leader
In the year ended 31st of May 2022, Nepal Village Foundation UK sponsored 73 (seventy-three) girls to retrieve a formal education in Nepal through the Girl’s Education Project. Thirty-one of them are in basic education, thirty-three in secondary education and nine in higher secondary. School attendance and passing grade are the key performance indicators of the project. According to that, the majority of the girl’s school attendance was satisfactory and they all passed their grade.
In total, we have fundraised £7,646 or $9,216 in the year and to keep the seventy-three girls in school for the whole year, we have expended £6,500 pounds or $7,835 dollars. That is an average of £89 or $107 per girl. Similarly, we have expended £176 or $202 on admin and £1,550 or $1,868 on monitoring the project. Even though expending on monitoring is part of direct project expenses, we keep it separate to know how much exactly we have expended on the girls only. Comparing these figures with others, a UK charity spends around 39% of its total income on admin and governance while we have only spent 2.3%.
We have always tried and will keep trying to spend most of the donations on supporting the girls in formal education and on other causes that are permitted by our legal documents. Also looking at the past few year’s account, our reserve pot is shrinking because of our commitment and decreasing levels of income.
Hence, this year we are making a special request to all our supporters and well-wishers to show your strong solidity to put Nepal Village Foundation UK back on the sustainable path.
By Krit Sharma | Project Leader
By Krit Sharma | Project Leader
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