Citi supporting education, community development
Through its Global Citi Foundation, Citi Jamaica has made major contributions for the past four years and has awarded grants of some US$200,000 for financial inclusion programmes.
The Citi Foundation works to promote economic progress in communities, and some of the grant awardees include:
Junior Achievement Company of Entrepreneurs programme with up to 16 schools for The Junior Achievement Company of Entrepreneurs, designed to build the capacities of youth from ages 15-24 in financial
literacy, entrepreneurship and work-readiness.
They have provided YUTE entrepreneur project engagement and training of some 400 youth entrepreneurs.
Through its Agency for Inner-City Renewal, support was given to greenhouse farming at St Andrew Technical High School, construction of a greenhouse farm at Trench Town High School, and construction of greenhouse and farming at Collie Smith Drive and Sixth Street within the communities of Trench Town/Arnett Gardens.
The project also included financial literacy and entrepreneurship training for grade 11 students at St Andrew Technical High, Trench Town and Charlie Smith High schools and participating
Citi provides ongoing annual support for students with two fully paid tuition scholarships at the University of the West Indies at current tuition fees of more than J$500,000 per annum.
On Global Community Day annually, Citi supports and improves local communities and also volunteers on one day with colleagues in more than 100 countries where Citi operates. Some beneficiaries are: the SOS Children's Home, Maxfield Park Children's Home, Swallowfield Outreach, and Salvation Army School for the Blind.
"It is important for the business community to play an active role in social responsibility, especially in developing countries, as it is not possible for governments to undertake all the required social welfare programs for its citizens," noted Citi Country Officer Peter Moses.