Savings Account

Function Notes:

Each time that a recipient deposits money into their child's savings account a donor will match that donation at a rate of 1 to 3 yielding accelerated growth on savings account balances.

Note: Funds can not be withdrawn from the accounts until the child turns 18 years of age and then, only by the child.

PDO Function Goals:

 

Financial Literacy

  • Teach the parents of impoverished children to save money through a constant visul reminder of their child's Savings account balance.
  • Teach financial literacy through the use of games, videos, and other materials.

Recipient viewpoint of PDO function below:

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