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GEW – Day 4: Youth-led microfinance

 

 

The fourth day of Global Entrepreneurship Week has took to our youth-led microfinance scheme at Forest Gate Community School.

MyBnk-in-a-Box sees students running their own saving and lending scheme.  At today’s opening around 40 students arrived to deposit their money, on average depositing between £1-£2. It was buzzing with energy as young savers deposited their money and the MyBnkers swiftly aided them in their savings journey – around £100 was banked!

“I love being a MyBnker, I love being able to handle the money and all the maths involved. I want to have my own business when I’m older because I’m inspired by my dad who owns Eastern Travels. If I had to improve an invention that has already been made I think I’d want to make a waterproof laptop.” Ajmain, 13.

“We’ve had about 40 people deposit today and I love it! The school really inspires me and working as a MyBnker has made me want to open up my own bank when I’m older.” Nazifa, 13.

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