Attn.

Thank you for giving us the opportunity to share with you what we do. We believe there is

much potential in the field of social entrepreneurship and microfinance, especially when such

an initiative started from the voice of the students. In supporting our operations, you will be

enriching ‘community & service’ at NIST, and through their student-led events and projects,

contribute to making a long-lasting impact all their various beneficiaries, such as endangered

forests, rural hospitals, urban slums, hill tribe villages, and a Tanzanian orphanage, just to

name a few.

We have compiled a package consisting of several documents that would help you to get to

know us better. We hope it would be useful for you.

This packet contains the following documents:

Prospectus

36/15 School Magazine Article

Report on Funded Service Projects (2012/13)

Secondary School ‘Community & service’ Report (2012/13)

Contact Information:

Assigned Contact Person: Student Name (@nist.ac.th)

General E-mail: developmentbank@nist.ac.th

Address: NIST International School 36 Sukhumvit Soi 15, Wattana, Bangkok, 10110

NIST Development Bank Packet

Prospectus

Highlights…..……………………………………………………………………………………………………...……………X

Introduction……………………………………………………………………………………………………………………X

Who we are

Mission Statement

Aims and Objectives

Our Concept…………………………………………………………………………………………………………………….X

Applied Concept at NIST - Loan and Grant Program

Fund Acquisition - Interaction with wider community

Past………………………………………………………………………………………………………………………………...X

2010-2013

2012/13 Funded Service Projects

Present ………………………………………………………………………………………………………….………………..X

Current Initiatives

Future……………………..…………………...…………………………………………………………………,………………X

Vision

Contents

NIST International School

Established in 1992

United Nations Related

IB World School

‘Community & Service’ at NIST

Elementary School: Classroom initiatives by students and teachers

Secondary School: 30+ service groups (nature, society, economy, well-being)

We have funded: 101,585 THB across 9 projects (2012-2013)

NIST Development Bank

Established in: 2010

Group Size: 15-20 Students

We have funded: 101,585 THB across 9 projects (2012-2013)

Highlights

Who We Are

NIST Development Bank (NDB) is a student-led social entrepreneurship club, consisting

of students in Years 10 to 13. Adapted from the concept of microfinance, the bank supports

‘Community & service’ initiatives through a loan and grant system, giving members of the

school community access to greater opportunities in making an effective contribution to

society. In doing so, the bank advocates financial accountability in its operations, and supports

creative, sustainable initiatives that will lead to meaningful action toward beneficiaries.

The bank also acts in an advisory position, facilitating discussions, interviews, and

workshops in the field of business, economics, and development. Additionally, members of the

bank gain first-hand experience in running an organization, such as collaborative, managerial,

and enterprise skills valuable for future careers in corporations, NGOs, and other institutions.

Although the concept itself is not a novel idea, we pride ourselves in the incorporation of

the idea within a school system. We stress that we are not a for-profit organization; we

hold the utmost importance in ensuring all funds received goes toward the ‘Community

& service’ initiatives in an effective and transparent manner.

Mission Statement

“To empower and connect NIST ‘community & service’ initiatives through an accountable loan

and grant system to take action to enrich ourselves, our communities, and the world.”

Introduction

Page. 3

Aims and Objectives

To encourage meaningful, sustainable, creative ‘Community & service’ initiatives through

an accountable loan and grant system

To facilitate a deeper understanding of business, economics, and development through

meetings and discussions regarding issues within and beyond the operations of the group

To develop managerial and enterprise skills through overseeing current programs,

collaborating and communicating with stakeholders, and initiating new social

entrepreneurship projects

Introduction

Page. 3

Applied concept at NIST - Loan and Grant Program:

Service groups can apply for a loan or grant from the bank to help fund certain aspects of

their ‘Community & service’ initiative. The financial assistance fast-tracks fundraising efforts,

so that students can immediately work on the action phase of the event and have a more

meaningful impact on their beneficiaries.

For example: students want to build a new dog shelter, but it would take many fundraisers for

them to gather enough money to buy the materials – NDB funds the cost of the materials, so the

students can just go and build the dog shelter, which will shift the focus of students from to taking

meaningful action to best help the dogs, such as any follow-up projects that stemmed from the

initial building of the dog shelter, rather than to worry about fundraising and get no action done

Our Concept

Page. 5

Service groups fill in a proposal form, which is then submitted to the bank, and evaluated

according to criteria formed around the core values of ‘accountability, sustainability,

creativity, and meaningful action.’ Accepted service projects embody the qualities of

‘meaningful service,’ where, instead of worrying too much about fundraising, the members of

the service group are interested in the positive impact that their service project will have on

their beneficiaries. They have made sure their service project caters to something their

beneficiaries actually need, and will have a measurable impact. As a result, the financial

assistance makes a meaningful contribution to the project, where any utilization of the funds

go wholly toward the beneficiaries.

Fund Acquisition - Interaction with Wider Community

NDB actively seeks out to replenish its funds, both through sources within and outside

the school. Within the school, NDB has received funds from the contribution of the school

community on several occasions, such as the 2004 Tsunami Relief excess funds, the 2011

Community Fun Run. Outside the school, NDB has presents the project to different

organizations in the local community, applying for CSR funds from corporations, chambers of

commerce, embassies, and foreign clubs. The processes involved in the acquisition of funds is a

valuable learning experience for the bank’s members, such as writing reports, giving formal

presentations, and answering questions. The bank keeps in regular contact with its donors,

through updates and articles in school publications, as well as through an annual report of

funded service initiatives distributed to its donors outside the school community.

Our Concept

Page. 5

2010/11, 2011/12

- Established NIST Development Bank (branched out from NIST Microcredit Bank*)

- Presentation on concept at the 4th GIN Conference in Hong Kong (Int’l Schools in Asia)

- Drafting forms and processes involved in the Loan and Grant Program

2012/13

- Full Implementation of Loan and Grant Program

- Presentation on Microfinance at the 2nd ServICE Conference (Int’l Schools in Bangkok)

- Article in 36/15 School Magazine

Past

Page. 6

*NIST Microcredit Bank (NMB) is a sister bank of NDB. Whereas NDB works with students and teachers in

the school’s academic operations, NMB works with low-income staff in its administrative operations, with

support from the HR Department. Its current programs involve debt alleviation microloan schemes and

related workshops, business start-up support, as well as education scholarships for the workers’ children.

Funded Community & Service Initiatives (2012-2013)

Kids Fighting Cancer – 8,000 THB grant to fund hairdressers (St. Baldricks)

Kids Fighting Cancer - 10,000 THB grant to pay for chemotherapy treatment

Footy for Friends – 5,000 THB loan to pay for t-shirt making costs

Matunda Run – 3,665 THB grant to pay for food and drink expenses

Dreams We Believe In – 30,000 THB grant to fund children’s expenses

Y6 Arcade Construction – 1,900 THB grant for building materials

GreeNIST – 14,520 THB grant for gardening materials

Habitat for Humanity Summer Build – 28,500 THB grant for building materials

Y9 Orphanage Trip – 10,200 THB grant for water park fees, food and drink expenses

Past

Page. 6

Current initiatives:

After a successful year following the full implementation of the Loan and Grant Program,

the bank intends to expand its outreach toward the Elementary School, adapting its approach

towards more teacher-oriented classroom service projects. The bank will continue to interact

with student service groups in the Secondary School, regularly giving presentations advertising

the program, and making improvements to the proposal form and application process.

The bank will also brainstorm any additions or changes to be made to the current Loan

and Grant Program in order to promote good practices in financial accountability and creative,

meaningful projects. It may also begin to diversify the nature of the loans and grants offered, in

order to encourage more interaction with service groups.

Regarding the ‘community & service’ initiatives funded in the past year, all the projects

have yielded successful measurable impacts. The service groups are in regular contact with

their beneficiaries and the projects anticipated this coming year will build on from last years’

efforts.

Present

Page. 7

Vision:

The bank becomes fully integrated into the school’s ‘community and service’

programs, serving as a supplement to the academic curriculum across all levels, as a

means of experiential learning, where theory can be applied into practice

The bank initiates and oversees other social entrepreneurship programs within and

beyond the school community, in addition the loan-grant program, which will

encourage social responsibility and enrich the lives of the programs’ beneficiaries

The bank’s management and operations are fully sustainable, with clear plans and

processes, and regularly evaluated for optimal efficiency and effectiveness

The bank fosters stronger relationships between the school and other institutions in

the diplomatic, corporate, and NGO circles

The bank serves as a model for other social entrepreneurship projects in international

education

Future

Page. 8