BBVA Colombia awards university scholarships to young people from needy micro-entrepreneurs

(IN BRIEF) BBVA in Colombia has awarded university scholarships to the children of micro-entrepreneur clients of Bancamía across the country. These scholarships are a testament to the resilience, creativity, and determination exhibited by the parents of these students. Mario Pardo Bayona, the executive president of BBVA in Colombia, emphasized the importance of such initiatives in supporting young Colombians’ dreams of pursuing higher education. The program’s recipients include 84% of entrepreneurs from economically vulnerable backgrounds, 35% operating businesses in rural areas, and 34% with basic education. Furthermore, 72% of the entrepreneurs are women, and 10% face various forms of social challenges or disabilities. BBVA’s commitment to social initiatives to promote educational access for Colombia’s youth remains unwavering.

(PRESS RELEASE) BILBAO, 28-Dec-2023 — /EuropaWire/ — The grants went to the children of micro-entrepreneur clients of Bancamía from all over the country, who will now be able to study at university thanks to the resilience, discipline, creativity and strength shown by their parents.

Mario Pardo Bayona, executive chairman of BBVA in Colombia, said at the event: “Initiatives like these are proof that together we can help young people in Colombia achieve their dream of pursuing a university education. For BBVA, education is the gateway to opportunities and we will continue to focus on social projects to promote access to education for young people and young people in Colombia.

This time, 84 percent of marketers who have nominated their children for the program are economically vulnerable, 35 percent run their businesses in rural areas, and 34 percent have only basic education. In addition, 72% are women and 10% say they face some form of social distrust or disability.

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SOURCE: BBVA

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