AWARD YEAR
2021
CATEGORY
Community
GOALS
No Poverty, Reduced Inequality, Partnerships for the Goals, Innovative Financial System
KEYWORDS
banking, debit card, NGO, poverty reduction, Children's Rights
COUNTRY
Colombia
DESIGNED BY
UNICEF Colombia and Banco de Bogotá
WEBSITE
https://www.unicef.org/colombia/comunicados-prensa/banco-de-bogota-unicef
First debit card co-created by an NGO
Creating a recurring and sustainable contribution method over time
With the commitment to create a recurring and sustainable contribution method over time, and as an agile response to the Covid-19 situation, on August 1, 2020, Banco de Bogotá and UNICEF Colombia launched a very ambitious project: Bringing to the wallets of all Colombians the first debit card in the world co-created with an NGO.
The launch of the UNICEF debit card constitutes a historic milestone in the banking world that is already allowing all people to contribute to the well-being and development of Colombian children. In each statement, Banco de Bogotá cardholders, who request and use this card, see a contribution of 1% reflected in each of their purchases, which goes directly to support UNICEF programs in the country. Banco de Bogotá provides the same value, which allows us to significantly increase the number of children benefited. The expectation is to benefit more than 100,000 children and adolescents, in the coming years.