Dear friends, Our Community Tabung is a savings programme to supplement children’s Child Development Account (CDA). Each month, families within a community, pool their savings and the entire amount is tripled with matching funds from donors and then divided equally among all who participated. We will help deposit the amount into their respective CDAs and the government matches dollar for dollar. This programme began at our child development centre in July 2013 and since February 2017, it has been implemented at different neighbourhoods. Last Monday, 4 mothers came for a meeting with their children because a colleague who was managing the …
Another Week Beyond – 2116
Dear friends, A group of 4 mothers were delighted when they learnt that we would like to revive the savings programme toward their children’s development account (CDA) where their deposits are matched by the government. They told us that because the programme was not held last year, there is hardly any money remaining in their children’s accounts. They have found the CDA very useful for medical and educational expenses and were wondering if the programme we call the Community Tabung would resume. When we noted that there was nothing to stop them from saving even though we did not operate the programme, we …