@damelindz
Jose Adolfo, The Kid Who Started a Bank
In business world, it is required that you have knowledge about how it works, strategies and how to deal problems in the future. Most businessman had a degree just to be good in their field. ***But did you know that there is a kid who started a bank?*** In ***Peru***, there is a kid who is only ***14 years old***. But this kid started a real bank with credit cards, employees and lots of money. ***Who is this kid and how did he start a bank?***
***He is Jose Adolfo Quisocala Condori***. Jose is a kid with very few words. He noticed that most of his friends know nothing about money. Every time they get a dollar, they spend it on things that didn't matter. That was a problem, because these kids will grow up with ***no savings or no safety net or understanding of personal finance.*** *It is important to save money----Jose* At the age of 12, he wanted to fix this problem. So of course, like any kid would do, he started bank. ***He incorporated a Financial Institution***. ***He printed debit cards*** and give them to his classmates. Now all their allowance would go to their savings account. The more they save, the more money they make. *It's the first bank in the world started by a kid.* And it worked! Now he has over 3,000 kid customers that believed in him and 8 employees that are older than him. Together, they manage more than $50,000 in savings for kids. And educate thousands of them on how to handle money. And here's the crazy part. His bank is very different from any other banks. Because at Jose's bank, you don't even need money to start an account. He started a program to help kids make money from ***trash***. Yes, you read it right! ***Any kid can bring in plastic waste and he will recycle it for them and give them money in their bank account. This way you make money as a kid and the streets of Peru have less plastic waste.***
***In 2018***, **Jose won an** ***International Climate Award*** for his work. Despite his age, Jose is solving two big problems. He is making the planet green and the wallets of his classmates even more green and that is impressive! **photo/information source:Google/Youtube**
6 comments
This is amazing because at young age children only know how to spend money or they have a lot of desires. Children find it very difficult to control themselves. At this age, knowing the importance of money and accumulating it is a great and best practice. Thanks for sharing, This is the best advice for children
It is indeed amazing, how kid would think to help others at a very young age. An d not in a simple but an outstanding way. Kudos to this kid. Btw,thank you for sharing your thoughts on this dear and for continous support.
Haha that's amazing! See, you don't have a degree to start a business but we need money 😅 And he's only 14 that's unbelievable! Thank you for sharing!
Super galing nya di ba. And even dun sa way na kung pano malalagyan ng pera yun bank account nila, amazing di ba?
Super! Sana all bhe! 😁
True😂😂