Italy – ICC Salesians and Intesa San Paolo Bank, supporting families for formation of young people

16 February 2022

(ANS - Rome) - The Salesian Circumscription of Central Italy (ICC) and the banking institution "Intesa Sanpaolo" have signed an agreement aimed at families with school-age children who attend schools and Vocational Training Centers of the Salesian Family present throughout its territory (Abruzzo, Lazio, Liguria, Marche, Sardinia, Tuscany and Umbria).

Specifically, Intesa San Paolo, through the impact loan "per Crescere – to grow", an initiative of the ESG (Environmental Social Governance) sector of the banking group, will facilitate access to credit for those families with children who attend Salesian primary and secondary schools with a line of credit of 2,000 or 3,000 euros per year for a period ranging from 1 to 5 years.

The aim is to make the family economy more sustainable in the fundamental period for the growth of young people and in essential sectors: purchase of products and services related to education (school fees, books, mobility, language courses, PC and internet connection); coverage of special educational needs (psychomotor skills, speech therapy, etc.); and other activities fostering personal growth (sports, summer camps, training experiences abroad).

“We are happy to start this new collaboration with one of the Congregations that has given the most in the education and professional training of young people. After the success of 'per Merito – for Merit', the honor loan for all university students, today we encounter Salesian educational values; it is a source of great pride, but also an opportunity to invest in the first part of the school career when the potential for growth and learning is at its highest,” comments Marco Morganti, Head of the Intesa Sanpaolo "Impact" Department.

“There are many families who choose the Don Bosco school as a place of formation and growth for their children. Many more would like to be part of this educational proposal, but are discouraged by the payment of fees,” added Fr Marco Aspettati, Provincial Delegate for Schools. “That is why, as Salesian parish schools, we are very pleased to present this opportunity to the families of our children: concrete support to the exercise of the right to freedom of educational choice, which unfortunately in Italy represents a cost, unlike many other European countries. I’m convinced that many families, including those on low and medium incomes, can see in this financial product a valid help in investing in the education of their children, guaranteeing them quality education and an educational path of integral formation in the dream and sign of Don Bosco.”

The "per Crescere" project is part of the "Impact" path of personal training (impact finance: for access to credit for people who would be unlikely to fit into traditional financial circuits) that the bank has been running for several years with projects in favor of university students, working mothers and for the purchase of computer devices for distance learning.

As confirmed by recent research supported by Intesa Sanpaolo, most Italian families are convinced that spending on their children's education is the best investment for the future.

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