HOW DO WE ENSURE SUSTAINABILITY?
THE FOUNDATION RECOVERS AND REINVESTS THE INVESTED FUNDS
In order to ensure the Foundation's sustainability over time and hence to secure its social impact in the long run, the funding is made through a low risk for the beneficiary re-payment scheme, which is backed by a legal contract. Under this scheme, when a beneficiary graduates and begins to work and receive salary or other form of income, he/she will return to the Foundation a fixed percentage of such income, for a fixed amount of time. With the funds that the Foundation recollects back from its beneficiaries we fund new students.
OUR OPERATIONS ARE CONDUCTED IN ALLIANCE WITH LUMNI
In order to achieve our goals in the most efficient way, The Daniel Rojas Mora Foundation has perfected a strategic alliance with Lumni (http://www.lumni.net/), a unique organization devoted to funding university studies of young individuals of few resources. Lumni has already funded more than 8.000 students.
Lumni brings to the table its ample expertise in terms of:
MENTORING AND ADDITIONAL SUPPORT
The Foundation continually monitors its sponsored students' performance and provides academic mentoring in order to augment the beneficiaries' graduation probabilities.
We also provide our beneficiaries coaching and additional training in leadership and entrepreneurial skills and assist them in finding their first job or starting up their businesses.