Bright pupils are just the business
Kids raise cash to help less fortunate
setting up their own businesses in a bid to make a profit on their loans.
They set up everything from a pancake stall to a guess the bear’s birthday event, all of which help them make more than £400.
“The event was a big success and helped teach the children about profit and loss,” said Primary Five class teacher Heather Mulhearon
“They had to pay their £5 back to Virgin Money, of course, and then they decided to buy toys for the Renfrewshire Christmas Toy Bank.”
The toy bank distributes the gifts so that no child will go without on Christmas Day.
“There were 26 children and they all bought one thing,” Mrs Mulhearon said.
Renfrewshire Christmas Toy Bank was set up by Renfrew mum Lauren Roy- Sutherland who is working in partnership with Renfrewshire Council Social Work, Barnardo’s Threads, Renfrewshire Foodbank and the Star Project.
The organisations deal with the most deprived children across our towns and villages and are able to make a referral to the Toy Bank for a child to receive a Christmas parcel.
Virgin Money’s Make £5 Grow programme gives pupils an insight into how business works and aims to help them build skills for the future, such as teamworking, problem solving, leadership, money management and creativity.
It is intended to be educational and great fun,
Schools get to keep any profits once the fiver loan has been repaid and can use the money for any number of projects