Childrens Development Khazana
Conceptualized and initiated by Butterflies in the year 2001, as a vehicle to empower street, working and rural & urban poor children, Children’s Development Khazana (CDK) is a life skills education programme, educating children and adolescents, democratic values and financial management. CDK’s primary objective is to impart life skills education, teach them to be responsible, prioritise needs, budget and save. Children between the age group of 9-18 years are the members, volunteer managers and promoters of CDK. Any poor marginalized rural, urban and tribal communities’ child can be a member of Khazana, which is their own and is run by children themselves, under the guidance of adult facilitators.
In CDK, members nominate their own child volunteer managers (for six months) and members for the advance committee, who are then provided trainings to handle their responsibilities, in communication skills, and to work in a team. As part of practicum children manage their own Khazanas on cooperative principles at set timings and members focus on becoming entrepreneurs or learning a professional skill and exiting from their situation of poverty and insecurity.
The core objective of CDK is to promote life skills education through democratic participation, leadership, inculcate knowledge of cooperative and financial management, prioritizing needs, budgeting, vocational/technical skill, banking principles, basics of management principles, and fundamentals of accountancy- providing saving and promoting a habit of entrepreneurship.
As of December 2016, CDK is operational in eight countries across the world and in ten states of India with a total membership of 15,920 children and savings amounting to $ 71,606. All the money is saved in mainstream banks.