An Indian Civilizational Perspective

Children Development Bank: Bank run by kids out of a Night Shelter!

Everyone has heard about the Grameen Bank – which is run through the poor Bangladeshi villagers. But this bank (Children’s Development Bank) is unique – it is by the kids, for the kids, of the kids!! Kids, who are ragpickers or doing menial jobs and not probably much educated. And it is run in a night shelter set up by MCD.

A night shelter set up by the Municipal Corporation of Delhi becomes a buzzing hive of commerce at 6 pm every day. The doors of Children’s Development Bank — India’s only bank chain run by children — are open for business.

By day, the premises serve as school that also serves midday meals to children. But as the day comes to close, the child-adults swagger in. These are rag-pickers and daily wagers engaged in menial labour — washing utensils at weddings, for instance.

Get Drishtikone Updates
in your inbox

Subscribe to Drishtikone updates and get interesting stuff and updates to your email inbox.

Also read:  Application Form for Candidates for the coming "Lok Sabha Election"

Comments are closed.

Get Drishtikone Updates
in your inbox

Subscribe to Drishtikone updates and get interesting stuff and updates to your email inbox.