MoneyGram Foundation and One Laptop Per Child Provide 300 Laptops to Students in Nicaragua

August 24, 2016 | Press Release

Technology to benefit students at two schools and reinforce learning through 'MathemaTIC,' an essential mathematics program

Chinandega, Nicaragua (Aug. 24, 2016) -- MoneyGram (NASDAQ: MGI), a global provider of innovative money transfer services, announced today the MoneyGram Foundation is furthering its mission of providing vital learning resources to children with the donation of 300 XO Laptops to Nicaraguan students through nonprofit organizations One Laptop Per Child (OLPC) and Fundación Zamora Terán. Students received the XO tablets through a celebratory donation event held today in San Agustin School in Chinandega, a western Nicaraguan city.

“The MoneyGram Foundation is proud to expand our longstanding collaboration with OLPC to foster digital fluency and improved education among students, this time in Nicaragua, an area of great need,” says Mauricio Ramirez, MoneyGram International’s senior marketing manager, Mexico & Central America. “The donation of these XO Laptops will not only reinforce mathematics skills, but will be used and reused by deserving students for many years to follow, maximizing its impact.”

The XO tablets are just one component of a “MathemaTIC” educational program already in eight Chinandega schools. The “MathemaTIC” project, implemented by Nicaraguan nonprofit Fundación Zamora Terán, which partners with OLPC, is designed to advance math learning and overall student academic performance through innovative teaching techniques and technology. Through the MoneyGram Foundation grant, “MathemaTIC” will roll out in two additional schools, which will receive the multi touch-screen tablets that arrive pre-loaded with e-learning software.

Along with Javier Hernandez and Mauricio Ramirez from MoneyGram, attendees of the Chinandega donation event included María Josefina Terán de Zamora, President Fundación Zamora Terán, Roberto Zamora, President of Banco LAFISE Bancentro, Reyna Isabel Anduray, San Agustín School Director, members of the local community, and students from Chinandega.

OLPC is the world’s foremost non-profit organization dedicated to offering children in developing countries access to affordable laptops and tablets. OLPC strives to provide children worldwide with a rugged, low-cost, low-power, Linux-based, connected XO laptops. OLPC has designed hardware, content and software for collaborative and self-empowered learning. The laptops have wireless broadband so each laptop can talk to its nearest neighbors, creating a local area network for students and their teachers.

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