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Honour The Bank of Dad and pay it forward this Father's Day

Media release

August 2015

Honour The Bank of Dad and pay it forward this Father’s Day

Remember when Dad gave you the last of his coins so you could race out to the ice cream truck? Gave you that critical financial advice? Or perhaps loaned you the cash to buy a house or start your dream business?

This Father’s Day, instead of paying back The Bank of Dad, ChildFund wants you to pay it forward.

A microloan purchased from ChildFund’s Gifts that Grow online catalogue is a meaningful Father’s Day present that will honour Dad’s years of support while also helping a young person in Sri Lanka start their own business and break free from poverty.

“What better way to recognise Dad’s generosity over the years than to emulate it yourself?” says ChildFund New Zealand CEO Paul Brown. “Just like Dad did for you through advice or help along the way, you can have a massive impact on someone else’s life and success too.”

As a father of two young boys, Paul says a gift from the Gifts that Growcatalogue fits the bill perfectly at Father’s Day. “It is meaningful enough to pull at the heartstrings of even the toughest exterior but is also very practical.

“For a young person in Sri Lanka, a microloan is a tangible and life-changing gift that will enable them to start a business. Most importantly it will empower people to build a sustainable future for themselves and their family, free from poverty.”

Already, more than 1,500 women and men have received microloans to start businesses such as food production, tailoring, and fishing. The loans are paid back into the community to help others, with the small interest payment going towards supporting feeding in preschools.

ChildFund’s Gifts that Grow is an online catalogue of alternative gifts that provide sustainable futures for children and their families in developing countries. There are gifts for every interest and budget, from seeds to goats to carpentry tools.

To order, visit www.childfund.org.nz or call 0800 223 111. Purchasers receive a special gift card explaining the gift and how it will benefit the recipient, and also get a ‘gift back’ via a full tax credit.

Ends


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