Wednesday, September 16, 2009

The Aflatoun Effect - Nimani School, Korpana Block, Chandrapur District


The children from Nimani School have formed Aflatoun Bank and collectively saved Rs 12000/-. They have nominated representatives such as President, Secretary and Treasurer through a secret ballot system. The village education committee is aware about the banking programme and they are also providing full support and encouragement.

On the other hand, the teachers and children have purchased school stationery from the market and have set up a small shop to sell the material in the school because of demand from the children. Children have developed their passbooks and they record their monetary transactions habitually with the help of the Secretary. Most of the children are utilizing their money to take care of education related expenses.

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