Coining a future: 5-cent coins to help students acquire qualifications

2013-02-12 00:00

DO you have a pile of five-cent coins weighing your purse or wallet down?

Those humble coins could help youngsters acquire an entrepreneurship and management qualification at a private city college.

The initiative of the Business World Development Trust (BWDT) aims to collect 20 million coins — R1 million — by the end of the year.

Business World chief executive officer Stacey Francis said the five-cent drive was started by her daughter, Kenya, two years ago.

Kenya, then seven years old, started collecting five- cent coins. When her jar was full, they took it to a bank and received R100.

The idea to sponsor 62 pupils from rural schools to study towards an entrepreneurship and management qualification was then born.

Francis said the organisation has already collected 55 000 coins and is working hard to meet its target.

She said they had advertised their drive on Facebook, and individuals and organisations have also come forward to help. They have also fashioned money boxes out of coffee tins, which have been placed at stores and offices around the city.

“People throw these coins away because they are like an irritation. You find that people have been sitting with these coins for years and some of them are mouldy.

“You know as a woman that a pile of five-cent coins weighs your purse down. It’s the heaviest thing in there,” she said.

Francis said those selected for the course would also be assisted to find jobs.

“We also want to educate the unemployed,” she said.

The successful applicants will be those who want to make a difference in their communities, especially those applying for the entrepreneurship course, said Francis.

“It’s an opportunity for somebody to start their own business and create employment opportunities for other people,” she said.

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