Brown School alumna Molly Wimonmat Srichamroen has created a first-of-its-kind children’s savings program in her native Thailand, using knowledge she gained at the Center for Social Development (CSD). Srichamroen was also a scholar in Washington University’s McDonnell International Scholars Academy.
Using CSD’s YouthSave initiative as a model, Srichamroen developed the Light of Hope Saving Program, which was implemented in 2012 by Rimping Municipality in Lamphun Province, Thailand. Children’s savings programs are not new to Thailand, but no other has offered saving assistance or financial education elements. Light of Hope is targeted toward vulnerable children and includes an initial deposit funded by CSD, a savings match, scholarships, high interest rates and an educational component.
Read the full story from the Center for Social Development: Brown School alum, McDonnell Academy Scholar is benefiting children in Thailand
Learn more about the McDonnell International Scholars Academy