Coin Equals Change

Coin Equals Change: A Coin For Change

Baguio, Philippines
Year Founded:
2015
Organization type: 
hybrid
Project Stage:
Idea
Project Summary
Elevator Pitch

Concise Summary: Help us pitch this solution! Provide an explanation within 3-4 short sentences.

Ending poverty is not a job of just a single person or a foundation. Ending it is a hope, a job of all of us living in this world. "Coin Equals Change" is an advocacy asking all of us to share a coin- these coins are to be earned until it's enough to supply necessities and long term solutions.

WHAT IF - Inspiration: Write one sentence that describes a way that your project dares to ask, "WHAT IF?"

What if all of us takes part even in the tiniest thing we could do to achieve a global goal?
About Project

Problem: What problem is this project trying to address?

According to worldbanl.org, 3 billion people are in poverty worldwide and 1.3 billion live in extreme poverty. It was also reported that 795 million people (Global Citizen) experience hungriness worldwide. With this large numbers of affected individuals, the problem must be solved. The project aims to help in ending poverty and starvation and to rescue the poor from becoming trifles and lives wasted.

Solution: What is the proposed solution? Please be specific!

Over 7.3 billion people are living on Earth. If all of us participate in the initiative - giving a coin, we can generate enough money to be used in solving poverty and starvation. There are 98.39 million Filipinos and if all of whom gives a peso/coin, we can save 98.39 million pesos. If all 318.9 millions Americans give a penny, we can save 3,189,000 dollars. These money earned from each and everyone of us can produce funds for: 1. building houses for the homeless, 2. generate works for the unemployed, 3. education for the uneducated and out of school youths, 4. food for the starved, 5. money/resources for the poor. "Solving poverty is not just giving alms to the poor but it is teaching the poor how to earn them."

Awards

None yet.
Impact: How does it Work

Example: Walk us through a specific example(s) of how this solution makes a difference; include its primary activities.

Starting from collaborations with the government, different organizations and partnership with schools and universities, Coin Equals Change, can make a very strong union between these institutions. A very strong union can provide a strong foundation of unity towards a same goal. Influences from these institutions can be used to disseminate information to the public. a. Permissions from the authorities will be asked. b. School/university wide lectures about the problem will be conducted. c. Providing an automated machine where people can drop the coins for collection. d. Asking everyone to participate. e. A site where the people can view all activities of the initiative. "PEOPLE MUST BE AWARE FOR THEM TO REALIZE THAT THEY NEED TO CARE."

Impact: What is the impact of the work to date? Also describe the projected future impact for the coming years.

None at the moment since the initiative is still a proposal or an idea. The projected future impact is a significant decrease in the numbers of people living in poverty and people who are starved. And increase in numbers of people who are ready to participate in solving this global problem. To sustain also the success of the initiative, the different long term solutions are well-established. High quality of education is secured to keep students intellectual efficiency. Works are available for the new graduates. Works in agriculture and fishery are maintained so that scarcity in foods are prevented. Taking care of these lands and seas are also part of the maintenance to stop occurrence of pollution and environmental destruction.

Spread Strategies: Moving forward, what are the main strategies for scaling impact?

1. Sustainability of the information dissemination and of the established long term solutions, for them not to be destroyed. (Lifetime investments) 2. Strategies such as the use of internet and media for information are prioritized together with the school and university wide lectures. This is to inform the next generations about the problem. (To prevent starting all over again) 3. Asking for other groups, such as religious groups, to join the initiative because surely they also share the same dream -- a poverty-free world.
Sustainability

Financial Sustainability Plan: What is this solution’s plan to ensure financial sustainability?

Donations from the government and from the different partner organizations. Some money collected from the people (The Coins) can also give budget for the initiative. Proper handling of the collected money is ensured so that corruption inside the organization is prevented. The use of the Coin Equals Change site will also help to show the public the statement of accounts, budget lists, or where the money was/will be used.

Marketplace: Who else is addressing the problem outlined here? How does the proposed project differ from these approaches?

This global goal - stopping poverty and starvation involves everyone of us. But still some of us keeps ignoring to help. Thankfully, there are still organizations that are ready to help such as "End to End Solutions", "Chukwuma Ukpai's New Entry".
Team

Founding Story

When I was in fourth year high school (2012), we were asked by our teacher, "If you were a leader and you would like to create a new law, what would it be?" I answered, "Piso Para sa Bayan" (A Coin for the Country), I described it as - what if all of the Filipinos around the globe gives a peso? If there are 50 millions Filipinos and all of whom gives a peso then we can earn a very big amount of money that we can use as funds. And then, 3 years later (2015), I was browsing the internet and saw the ad of Unilever asking, "Have you got an amazing solution to a world problem?". And I saw an opportunity, is this the moment to make my idea into a real one? The answer: YES! And so I signed up.

Team

None yet.
Background
Please confirm how you heard about the Unilever Awards:

Internet: Twitter

Please confirm your role in the initiative (eg Founder/co-Founder) and your organisational title:

Founder

Which of the 8 UN Global Goals (Sustainable Development Goals) pre-selected for this competition does your solution relate most closely to? [select all that apply]

No Poverty, Zero Hunger.

Leadership and the Unilever Awards
Please provide examples of any previous entrepreneurial initiatives you have pioneered.

None.

Beyond your existing team, who else are you working with to achieve your objectives, eg partners, advisors, mentors?

None. But I have friends showing interest to participate in the initiative. And still searching for people who wants to volunteer to take part in accomplishing a global goal.