Caring pupils help others tackle poverty

May 30 2014

CHILDREN from Sefton Park School have raised an astounding £2410 to help entrepreneurs in the developing world set up businesses and get themselves out of poverty.

CHILDREN from Sefton Park School have raised an astounding £2410 to help entrepreneurs in the developing world set up businesses and get themselves out of poverty.
Pupils raised the money as part of the Deki Tenner Tournament - a competition where teams are given £10 each, with four weeks to turn the loan into as much money as possible through setting up small enterprises, such as a bake sale.
The money raised by the children has gone towards helping 37 entrepreneurs across the world, including a banana seller, and a goat farmer.
Once the entrepreneurs have set up their businesses and are able to pay back the money they have borrowed, it will then be leant back out to other entrepreneurs.
Deki, a micro-finance charity based in Stokes Croft, was set up six years ago by Vashti Seth to assist people out of poverty by providing access to ethical micro-loans and business training.
The charity has helped out entrepreneurs in Malawi, Togo, Ghana, Nepal and South Sudan.
Charity organisers say that Sefton Park raised more money than any other school that has taken part in the tournament.
Over 140 children at the school - aged 7-10 - took part in the tournament.
The winning team, including Martha Conchie, Amelia Spooner, Mae Lewis, Evie Miller and Emilia Fear, raised £262 by making cakes, Easter cards and badges, among other items - their prize was tickets to GoApe.
The teams which came second and third raised £201.43 and £200 respectively.
Stephen Williams, MP for Bristol West, attended the school ceremony on May 9 to present the children with their certificates and trophy.
"It's wonderful to see the children taking the time to raise money for families in much poorer parts of the world," he said. "Aid and assistance for the developing world is a huge issue in my postbag so I am sure this is something that parents were delighted to help with too."
As part of the tournament, pupils were educated on poverty, micro-financing and setting up businesses through workshops with Deki mentors.
Bryony Spooner, marketing and communications director at Deki, said: "The effort made by children at Sefton Park School in the Tenner Tournament was outstanding.
"Right from day one they were enthusiastic and committed to turning their £10 loans into as much money as possible.
"This resulted in the children raising over three times as much any winning school previously. I look forward to seeing what impact their loans will have on our entrepreneurs lives."
Entrepreneurs require, on average, £200 to kick-start their business. Lenders from the UK and overseas can lend as little as £10 to a chosen entrepreneur.
Lenders are paid back over a year and are able to re-lend the money to another entrepreneur. Deki currently has a 99% repayment rate of loans.
For more information about Deki, or to invest in the future of entrepreneurs in the developing world, visit: www.deki.org.uk

Vashti Seth and Stephen Williams MP with the children who came first, second and third in the Deki Tenner Tournament.