<incom> bank run by street kids (Modified by Geert Lovink)

[Janos Sugar]

In New Delhi, India, where more than 1,000 street children have joined  
together to create a bank that helps them manage the small sums they  
earn each day. Launched in 2001 by a volunteer aid group called  
Butterflies, the Children's Development Bank aims to empower children  
in several important ways.

Like any other bank, CDB pays interest on the deposits that New Delhi's  
street children make. That interest can be a vital incentive to kids  
who might otherwise spend their daily earnings on cigarettes, candy or  
other items-or worse, have their meager profits stolen. Money for the  
interest comes from the repayment of micro loans made to kids 15 years  
and older. But interest on income is only part of the picture. While  
adults stand at the ready to help, CDB is managed by children, helping  
them gain valuable work skills.

http://www.springwise.com/financial_services/ 
bank_run_by_street_kids_in_new/
http://www.childrensdevelopmentbank.org