Talented Bexhill College students used entrepreneurial and communication skills to develop an idea that is set to help fight global poverty.
Over 70 Business and Economics students took part in the international Micro-Tyco challenge which raises money for the WildHearts Foundation - a charity that provides micro-loans to aspiring entrepreneurs in less developed economies, allowing them to work their way out of poverty in a dignified way.
Students taking part in the challenge, working in small groups, and provided with just £1 came up with a range of ideas to generate a profit over a four-week period. The result of the challenge was a £670 donation to the charity.
Nick Bozyk (part of the group pictured) sold a range of confectionery at premium prices by emphasising the work of the WildHearts Foundation and says it felt great to develop his entrepreneurial and communication skills while helping the global community. “I can only hope more opportunities like this come up in the future,” he said.
Donations provided by last year’s Business and Economics students funded micro-loans to a number of people around the world.
Nickness Chmbaiyua from Malawi, received a micro-loan of £80. She started her own business selling cooking pots and soon realised this was a profitable opportunity that she could expand. The WildHearts micro-loan helped her buy more stock and grow the business. Nickness says the level of care she gives her customers is the reason why they continue to buy from her. “Before my micro-loan, life was difficult,” she said. “I had little money in my pocket but now I’m able to live a happy life. “My hope for the future is to be able to build my own house for myself and my children.”
Andy Pritchard, Head of Politics, Economics, Business & Law congratulated the students on their success, saying he was pleased to see them take their experience and apply it to the real world. “They have learned that economic growth and the prosperity it brings can be driven by the entrepreneurship of hard-working and proactive individuals,” he said. “It is extremely heartening to see our students become global ethical investors and genuine change agents.”