Local NGO teaches children financial literacy
A banking system was created for learners to obtain cards to which points are loaded so they can swipe to pay for whatever they buy.
A local NGO is asking residents to assist with its programme aimed at teaching young residents financial literacy.
Participate, Envision, Navigate (Pen) wants to shift young mindsets through their Pendula programme from dependency to inter-dependency to create responsible future citizens and add value to their families and communities.
Pen manager, Zakhele Mazibuko said the effort will be most beneficial to the young CBD residents the organisation cares for.
“Youth earn points for attendance, participation and growth. We have a store where learners can buy stationery, food, clothes, and toys using these points,” Mazibuko stated.
“If a child has a need, they know how to earn points so that they can be able to buy whatever they need, without the influence of an adult.”
Pendula, which means “turn around or transform”, is an incentive programme developed to teach financial literacy and taking responsibility for one’s own needs.
A banking system was created for learners to obtain cards to which points are loaded so they can swipe to pay for whatever they buy.
They can check the balance for budgeting and spending habit data.
Pen acknowledged the challenges that inner-city children face and feels that the programme will guide the youth away from the unsavoury elements of their environment.
“Sunnyside and Arcadia are not only over-populated but there are no recreational or safe spaces for children. This leaves a few small parks where adults and the homeless hang around most of the day, and that is also the same place where drug users hang out. This leaves our children vulnerable to exposure to drug use and trafficking,” Mazibuko stated.
“Unfortunately, most of them share a flat with three or more families… finding a conducive and safe space to do their homework, study or just play. It becomes quite a challenge for them. The public schools in the area are also overpopulated and under-resourced, which leaves us with a lot of burnt-out and discouraged teachers.”
Recently two third-year public relations Boston Media House Pretoria students made a significant donation to the NGO as part of their corporate social investment assignment.
Mbali Nzuke and Nhlakanipho Manana organised a fundraiser to gain real-world experience as part of their studies.
They donated essentials such as clothing, stationery and hygiene products to Pen.
“We are very proud of Mbali and Nhlakanipho for making this campaign a success and we believe that they are dedicated to greatness,” said Jacky Leso, Boston Media House academic manager.
“Their work showcased the power of education and community engagement in creating positive change. It’s heartening to see young individuals taking proactive steps towards making a difference.”
Mazibuko expressed his gratitude for the students, saying: “This donation will go a long way in helping us achieve our goals of providing education, empowerment and support to those in need. We are truly thankful to Mbali and Nhlakanipho for their passion and generosity.”
Pen aims to spend the rest of the year as a haven for inner-city youth who wish not to fall into the traps of their surroundings.
For more information about Pen, visit www.pen.org.za
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