in
peru there is a kid who is only 14 years
old
but this kid started a real bank
with credit cards employees and lots of
money
who is this kid and how did he start
a freaking bank
when i was in peru i met thousands of
happy
and energetic locals at some point one
of them told me
there is a young kid in a far away city
who may be
the youngest banker in the world so
i had to see this kid
we in flying to make a video about a 13
year old boy
so i flew down to his city and before i
knew it
i found the kid hi
my name is jose and this is my story
jose is a kid of very few words
he noticed that most of his friends know
nothing about money
every time they get a dollar they spend
it on things that
didn't matter that
was a problem because these kids will
grow up
with no savings or safety net or
understanding
of personal finance it's important to
save money
at the age of 12 he wanted to fix
this problem so of course like any kid
would do
he started a bank he incorporated a
financial institution
he printed debit cards and gave them to
his classmates
now all their allowance would go to
their savings account
and the more they save the more money
they make this is the first bank in the
world
started by aki and it worked
now he has over 3 000 kid
customers that believed in him and eight
employees
that are older than him together they
manage more than
50 000 dollars in savings for kids
and educate thousands of them on how to
handle money
[Music]
approved
and here's the crazy part his bank is
very different from
citibank because at jose's bank you
don't even need money
to start an account he started a program
to help
kids make money from trash
any kid can bring in plastic waste
and he will recycle it for them and give
them money
in their bank account this way you make
money as a kid
and the streets of peru have less
plastic waste
it's a win win and in 2018
jose won an international climate award
for his work
despite his age jose is solving
two big problems he is making
the planet green and the wallets of his
classmates
even more green and that is
impressive that's more than a minute see
you soon