- Our projected budget, below, looks set to rise considerably despite the fact that some of our children are becoming financially independent and leaving LBU. Education costs are rising along with other costs like food and energy. Our spending power has also been hit by the post-Brexit pound’s fall in value against international currencies including the Nepalese Rupee
- For 2021 our budget is around £52,500 (Eur 61,000) and Education costs represent 42% of the total.
- Child Action Nepal and LBU are unique as we take care of our children until they find financial independence. Our children are orphans and LBU is their family.
- We strongly believe in giving our children the opportunity to fulfil their potential. Some of our children have shown a strong capacity to study and we want to be able to offer them the best possible higher education.
- The rent is increasing every year by 5-10%, but it is important for the children to be in central Kathmandu so that they are not more than 1 hour away from their school or college. College or University students often have courses starting at 6.00 am or 7.00 am.
- At present CAN is not funded by any major international organisation and is wholly reliant on donations.
- All CAN’s administrative costs are supported by the trustees.
- Your donations are important and will benefit the children directly.
LBU Budget
|
Item |
In NR |
In GBP |
% |
|
Food |
1,000,000 |
6,000 |
11.5% |
|
TOTAL |
8,599,000 |
52,300 |
100% |