Commitment to Action

Banking on Our Future South Africa

Commitment by

Cida University, City Of Wellington

In 2007, CIDA University and City of Wellington committed $100,000 towards establishing the first Operation HOPE Banking on Our Future international offices in Johannesburg and Wellington, South Africa and deliver free financial literacy instruction aimed at youth, to schools and community-based organizations in each city. Additionally, in 2007, Operation HOPE and HOPE partners committed to invest $1 million through a private-public partnership to train and mobilize more than 250 local HOPE Corps volunteers to further train 50,000 South African youth and women in financial literacy, dignity, and entrepreneurship over the next five years.

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Overview
Summary

Commitment

Banking on Our Future South Africa

Launched

2006

Est. Duration

7 year

Estimated Total Value

$100,000

Region

Africa

Countries

SOUTH AFRICA

Commitment by

Cida University, City Of Wellington

Partner(s) of the Commitment Maker(s)

International Finance Corporation, United States Agency for International Development, Bolland College, St. Albans Primary School, Hugenote College, The Citigroup Private Bank, Operation Hope, Inc., Municipality Of Drakenstein, Andrew J. Young Foundation, Fw De Klerk Foundation, Standard Chartered Bank, City Of Wellington, Nelson Mandela Children's Fund, West Coast-Winelands Education Mgt Development Centre, Forum Of Young Global Leaders, Sa Members