Teach 15,000 rural kids to save and invest

by NATCCO (National Confederation of Cooperatives)
Vetted

Summary

We teach children their rights, and improve their plight by teaching them to save and invest. This is an alternative learning venue that empowers children to end the cycle of poverty.
$10,000
total goal
$6,701
remaining
42
donors
0
monthly donors
6
years active

Challenge

In the Philippines, school children in the rural areas do not have access to financial institutions. They also have low awareness on the value of savings and investment; things that can help them break the cycle of poverty. The project empowers 15,000 poor rural school children to become financially-literate, entrepreneurial, and socially-aware. They can achieve this through social and financial education and social and financial entrepreneurial activities that are included in the curricula.

Solution

The project teaches young people to save through the integration of social and financial education in the school curriculum. 15,000 disadvantaged children will have the opportunity to open a child-friendly savings account that earns interest.

Long-Term Impact

The project will provide children the experience of savings, entrepreneurship, and managing their own financial resources. The project believes that financially disadvantaged children can play a crucial role in breaking the cycle of poverty.

Additional Documentation

This project has provided additional documentation in a Microsoft Word file (projdoc.doc).

Resources

National Confederation of Cooperatives,
Aflatoun

Organization Information

NATCCO (National Confederation of Cooperatives)

Location: Quezon City, Metro Manila - Philippines
Website: http:/​/​www.natcco.coop
Project Leader:
Lasalette Gumban
Youth Program Officer
Quezon City, Philippines
$3,299 raised of $10,000 goal
 
56 donations
$6,701 to go
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