Students at Ebbw Fawr Learning Community have invested just over £900 from a fund raising day into business in Africa Asia and South Africa through the Lendwithcare scheme.
This is an innovative way to help people in developing countries transform their own futures. Lendwithcare enabled the school to lend the money raised by each class directly to small business owners in developing countries to help them grow their business. Rather than receiving a one-off donation, the entrepreneurs will pay the loan back to each class, using income from their growing business. Each class will then get chose what to do with the money next.
Organiser Chris Walters said
“Businesses invested in by our pupils will help to buy seed for farmers in a co-operative in Zimbabwe, put stock in a cloths shop in Cambodia and even helped buy fishing nets in Ecuador.”
Director Graeme Harkness said
“This initiative is designed to inspire a fascination and curiosity about the world; develop research and critical thinking skills; and equip our students with knowledge about personal finances, such as savings, debt and budgeting, and career choices such as business or enterprise. It is about connecting our classrooms to real people trying to better themselves, and their families, through hard work.”
To find out more go to the Lendwithcare website and you too can fight global poverty by supporting people to help themselves.