CABEI provides scholarships to Guatemalan children

24/10/2013

This is one of the Bank’s Institutional Responsibility efforts to further the region’s sustainable development

Guatemala, Guatemala October 25, 2013. - The Central American Bank for Economic Integration (CABEI) presented a donation of Q48,988.48 (US$6,225.00) to Asociación Camino Seguro, an NGO that works with at risk teens and children living in extreme poverty.

With this financing, CABEI seeks to start the "Camino Seguro Scholarship Program" in order to decrease dropout rates of teens and children living in communities in zones 3 and 7 around the Guatemala City landfill.

Over the last five years, under the leadership of CABEI Executive President Dr. Nick Rischbieth, the Bank has reaffirmed the importance of social responsibility as an instrument to contribute to the improvement of Central American society and to the sustainable development of the countries in the region.

CABEI Executive President Dr. Nick Rischbieth CABEI noted that the Bank strives to improve the quality of life of Central American citizens through its actions and investments, including its Institutional Responsibility Plan.

In the field of education, CABEI directs part of its resources towards improving the quality of public education by complementing the efforts of governments and civil society organizations in this area. In total, approximately 7,000 students have been benefitted.

Camino Seguro's mission is to empower children and adolescents by creating opportunities and promoting dignity through education.

Back