Revolut and MasterCard have partnered with Save the Children to launch a fundraiser for rebuilding four schools in Mozambique destroyed by Cyclone Idai.
In fact, Cyclone Idai hit Mozambique in March, seriously damaging many schools, which were forced to block their school programs. Without the funds, the schools cannot be rebuilt and thousands of children cannot return to learn at adequate premises.
Four schools with more than 2,000 children have been selected to be able to resume school activities in a safe and secure environment. The funds raised will be used to rebuild infrastructure, sanitation, to purchase new teaching and learning materials, to provide psychosocial support and to draw up response plans for other possible similar natural disasters.
Save the Children and Revolut for World Children’s Day
Save the Children’s Senior Programme Manager, Samira Abu-Helil, said:
“Education is the best gift that can be given to children because it gives them a future full of possibilities, hope and opportunities. And a safe environment in which to receive it is really important. Learning in the shade of a tree or in a class with crumbling walls is dangerous and each of them has the right to go to school and feel safe, so they can live their lives as children, learn and play with their friends”.
The two companies, on the occasion of World Children’s Day, announced this initiative that allows Revolut users to use the Donations function to set up a recurring donation, make a single one, or round up their payments and donate the difference.
Companies will double every pound donated by users to a maximum of £80,000. The goal is to raise a total of £160,000. There is no minimum amount and donations can be deactivated by the user at any time. No fee will be charged on donations.
The Product Owner for Vaults & Donations of Revolut, Marsel Nikaj, said:
“We launched our Donations feature in July to make charitable donations simple, flexible and transparent. We hope that our partnership with Save the Children and Mastercard will help children affected by Cyclone Idai get the important education they deserve”.
MasterCard’s Head of Fintech Partnerships, Edoardo Volta, added:
“We are very happy to be able to work with Revolut and Save the Children to support such an important cause. Education is the passport to a better future and by raising these funds we hope to be able to offer that to the children affected by Cyclone Idai”.