Actually it's easy. We provide young persons with a loan so that they can afford a professional training. Those young persons probably would not have a chance to qualify themselves
without the educational fund. Thank to our support and confidence and to their own commitment and hard work they will be able to find a job appropriate to their qualification. After having
achieved that they will start to pay back their loan to the fund according to their financial means and the fund can support another candidate.
we are a fund that started as a private commitment for two brilliant young persons from a village near Mthatha, Transkei, South Africa.
We don't donate any money to them, we invest money. The return on Investment is: a future for young persons.
By granting two young persons loans they were able to find good jobs. Both of them started in the meantime to pay back their loans.
Tel.: +49 160 978 43 155
The actual fund capital is € 10.000,-
The montly payback is € 120,-
The average costs for a three year professional training is € 6.000,-
The montly payments during a training is € 166,-
The number of loans we can offer depends on the fund capital. Donations are very welcome!
bankaccount: Standard Bank Society Scheme Savings
accountholder: Meyer and Xapile Educational Fund
bank: Standard Bank South Africa
branch: Mthatha West
branch code: 2621
account number: 086340093
Für Beiträge aus Deutschland (die Beträge werden treuhänderisch entgegengenommen und weitergeleitet)
DE87 4306 0967 1184 4065 00
GENODEM1GLS (GLS Gemeinschaftsbank e.G.)