Moneygram recently launched its first ever “Back to School” Scholarship Raffle Draw in an effort to contribute to “ Universal Education for every child” as outlined in the millennium development goals.
The merger launching was held at the Paradise Suites Hotel in Kololi.
Speaking at the ceremony, Bankie Grey-Johnson, a representative from Moneygram, said the programme was initiated on 4 September 2010 to support The Gambia’s education sector.
He said the D200,000 that Moneygram had given to the 100 students was to complement the efforts of the government.
Moneygram is also aimed at strengthening partnership with the education ministry and can help parents to provide books and uniforms to their children.
For his part, Ousman Ceesay, a representative from the Ministry of Basic and Secondary Education, said they were glad about the initiative Moneygram had established with the education sector.
“Moneygram is not working only to earn profit but also to help parents for their children education,” he said.
Mr Ceesay further thanked the financial institution for its kind gesture.