"The CDB initiative makes the children feel confident as it inculcates the habit of saving in them," Sebastian Mathew, India Country Co-ordinator, CDB.
"Also, since the bank is managed and controlled by the children themselves, it has become a tool for skill education," he said.
Like any other bank, the CDB also disburses advances to the children.
"The children use the advances for setting up small businesses. The money has been invested in starting tea stalls, selling vegetables, hosiery items and fruits and vegetable co-operatives."
"So, the whole idea is to make the children self-sufficient so they can live their life with integrity," Mathew added.
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