Bank donates 25m/- for new education drive in Arusha

14Feb 2020
The Guardian
Bank donates 25m/- for new education drive in Arusha

IN its effort to support government’s quest in transforming education in the country, Exim Bank Tanzania has donated TZS 25M/- towards the purchase of 47 students’ hostel beds (double deckers) as support towards Mrisho Gambo specialized stream public secondary school in Arusha region.

Speaking during a handover ceremony presided over by Arusha Regional Commissioner, Mrisho Gambo, Exim Bank Tanzania Chief Executive Officer, Jaffari Matundu said: "The donation is part of the bank’s Corporate Social Responsibility (CSR) dedicated programme called ‘Exim Cares’ with a sole vision of transforming lives through the bank’s actions.”

“Exim Bank strongly believes that we have a major role to play in facilitating positive changes in the communities that surrounds us. Education is amongst our key focus areas and this drive resonates with our mantra of transforming lives of students under ‘Exim Cares’ through sustainable actions.

He further reiterated that, “Exim Bank is interested in affecting the communities in which we operate and so looking at our finances we thought we could afford 47 pieces of double beds that can take care of more than 100 students.”

He called for the empowerment of youths through education adding that there are many challenges being faced by youths in communities.

“We have noted that there are many issues affecting today’s youth that can potentially lead them into various vices or ill-advised activities. At Exim Bank, we believe that there is need to redirect attention and focus on youth empowerment through education. We will continue investing and playing our part in this for many years to come,” he promised.

He further commended the government for providing free basic education to all children which is responsive to girls, rural children, children with special educational needs, orphans, and other vulnerable groups.

In his remarks after receiving the donation, RC Gambo hailed Exim Bank Tanzania for the timely support.

“With this kind of support from your esteemed bank, we shall be able to help those students stay at the hostel, especially those that are currently walking long distances back and forth. This will certainly help them learn better and realize their education dreams,’’ said Gambo.

He further mentioned that the project’s needs are 100 beds (double deckers) with mattresses that will cost 53.7 million Tshs.

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