– MoneyGram Foundation to provide education to 25 general schools across Bangladesh
DHAKA, Bangladesh, Aug. 18, 2015 /PRNewswire/ – MoneyGram (NASDAQ: MGI), a global provider of innovative money transfer services, has awarded a grant of $53,600 through the MoneyGram Foundation to Underprivileged Children’s Educational Programs, Bangladesh, a non-profit organization.
The collaboration with the MoneyGram Foundation will improve the teaching and learning environments of 25 UCEP general schools located throughout Bangladesh and benefit 18,000 students.
“I am excited to announce the funding of UCEP Bangladesh’s innovative program because it further strengthens our foundation’s commitment to empowering the communities where MoneyGram’s customers live and work,” said Grant Lines, MoneyGram’s executive vice president, business development. “Together with UCEP Bangladesh, we are investing in the power of education and technology, providing these students the ability to overcome the socio-economic conditions and to transform their own lives.”
The UCEP Bangladesh grant offers teachers the ability to overcome the barrier caused by lack of proper resources, allowing them to deliver lessons in a more effective and meaningful way, especially in math and science. The grant will provide laptops and other IT equipment, as well as technology support for the 25 schools.
UCEP Bangladesh is a non-profit and non-governmental organization dedicated to uplifting the skills and opportunities of children from underprivileged communities. Through UCEP’s 53 general schools and 10 technical schools in Bangladesh, the organization offers programs that bring drop-out students back to education, provide vocational skills training and offer job-placement support to its youth graduates.
About MoneyGram International, Inc.
MoneyGram is a global provider of innovative money transfer services and is recognized worldwide as a financial connection to friends and family. Whether online, or through a mobile device, at a kiosk or in a local store, we connect consumers any way that is convenient for them. We also provide bill payment services, issue money orders and process official checks in select markets. More information about MoneyGram International, Inc. is available at moneygram.com.
About MoneyGram Foundation
MoneyGram established the MoneyGram Foundation in 2012 to help children around the world gain access to educational facilities and learning resources. Its mission is firmly rooted in the belief that education is at the heart of better economic opportunities, healthier families and individual freedom and empowerment. The MoneyGram Foundation is focused on inspiring minds and improving lives and grants funds to deserving organizations with this mission in mind. To learn more, please visit moneygramfoundation.org or connect with us on Facebook.
About UCEP Bangladesh
UCEP Bangladesh established in 1972 by a New Zealander philanthropist Mr. Lindsay Allan Cheyne who came to Bangladesh after liberation war and started to provide skills training to the street children. Starting with only 60 children at that time, now UCEP is a hub of more than 55,000 children and youth taking education, skills training and job placement support along with the life skills and awareness on child and women rights issues. At present UCEP is operating in 10 districts where it has 10 technical schools, 53 general schools and 3 outreach training centers. UCEP’s mission is to raise the socio-economic conditions of the urban and peri-urban working poor and under-privileged children and youth through education and skills training, awareness and advocacy for ensuring good governance to a level that they can effectively participate in national development with enhanced capacity and dignity and fulfillment of their basic rights. To learn more, please visit www.ucepbd.org.