MoneyGram, Co-op Bank work with entrepreneurs to mentor students

MoneyGram and Co-operative Bank Foundations to work with Kenyan entrepreneurs, and other parties, to mentor high school students.

MoneyGram and Co-operative Bank have joined forces to set up a program to mentor high school students in Kenya. The collaboration is done through their respective Foundations.

MoneyGram Foundation has funded the program to the tune of sh.5 million. This Foundation, started by the global provider of money transfer services, helps children around the world access education.

Jacqueline Lowe, MoneyGram Foundation President, expressed pride over this initiative. “We are proud and honoured to help improve the quality of education for so many children across Kenya.”

L-R, Sabine Bauchau (Marketing Director Africa - Moneygram, Salome Karige - Kenya High Sch., Daniel Kivuva- Dagoretti High Sch.,-640x424

Sabrine Bauchau, MoneyGram Marketing Director for Africa, spoke about MoneyGram’s commitment to more than connecting people financially, “We are not only committed to driving financial development; we are also investing in supporting the communities in which our consumers live and work. Today we celebrate a recently awarded MoneyGram Foundation grant of more than $45,000 in collaboration with the Co-operative Bank of Kenya Foundation.”

L-R, Sabine Bauchau (Marketing Director Africa - Moneygram), Rosemary Githaiga (Company Secretary - Co-op Bank) 2-480x676This mentorship program will draw students from Co-operative Bank Foundation. Co-op Bank, through its Foundation, runs an Education program to pay school fees for needy students. Since it was founded in 2007, the Foundation has provided scholarship for 3000 secondary school and 140 university students across Kenya.

Co-op Bank Foundation sponsors bright but needy students to break the cycle of poverty. This mission is captured in the words of, Co-op Bank Company Secretary, Rosemary Githaiga, “At the Co-operative Bank Foundation, we believe that education is a potent catalyst that can change an individual, a society, a country and a generation. Education not only empowers the mind but gives you the key to unlock the golden door of freedom.”

350 students to benefit

L-R, Sabine Bauchau, (Marketing Director Africa- Moneygram), Daniel Kivuva - Dagoretti High Sch., Salome Karige - The Kenya High Sch., Rosemary Githaiga (Company Sec. Co-op Bank) 2-640x449

350 students have been drawn from all regions of Kenya, based on performances, to be part of this program. They will be involved in 1 week mentorship programs to be launched April, 2016. The mentorship program will be in the form of workshops in 7 regions around the country.

“I would like to thank the Co-op Bank Foundation and MoneyGram Foundation for their generosity. Investing in future entrepreneurs, doctors, lawyers, journalists, marketers, captains of industry; and anything else that we endeavor to become, will go a long way in not only helping our families and communities but also creating a more prosperous nation. We look forward to putting into practice all that we will learn in these workshops. We also promise to make you proud,” said Salome Kagumu, a student of Kenya High School.

The program will be facilitated by Kenyan entrepreneurs, university students and social workers as it kicks off from April 19th, 2016. Students will boost their skills and academics as well as be able to make the best career choices.