THE Bulawayo Youth Development Organisation (BYDO) launched the Child President Scholarship Fund in the city on Monday aimed at benefiting youths in secondary and tertiary education levels.
Speaking at the launch of the fund, BYDO executive director Yemurai Nyoni said the scholarship is expected to raise $10 000 by March 2014 and will pay school fees of at least 10 students.
“We expect to benefit at least 10 students for at least two terms or semesters and contribute at least 90% of what they are expected to pay (in fees),” Nyoni said.
“We will also be partnering with universities to get their support for the students under the scholarship.
“We will also partner with the corporate world to ask them to support the students beyond what we would have done as young people.”
He said BYDO would generate money for the scholarship through fund-raising efforts to be held in Bulawayo schools.
“We know that our tertiary institution absorption rate is very low, which is why we are trying in a small way to alleviate this challenge,” he said.
Bulawayo mayor Martin Moyo said he was impressed by the launch of the scholarship and encouraged youths in the city to initiate developmental projects.
“The youth should not just talk, but they should take action. The BYDO also held a walk to Chipangali some weeks back and I was impressed by that as well. By next year, I am certain that there would be $10 000 that would have been mobilised for this scholarship.”
The scholarship fund was officially launched by child president Thandolwenkosi Moyo.