A hundred schoolchildren sell their products, created in the project 'Learning to undertake with Ibercaja'

Image result for aragon elementary

A total of 972 schoolchildren, from 24 schools in Aragon, have participated in the program ‘Learning to undertake with Ibercaja’, which culminated this Friday with the ‘Market of School Cooperatives’, installed in Zaragoza, next to the headquarters of the bank, in which they have sold their products.

The students have offered everything manufactured throughout the course, in an educational initiative that aims to promote entrepreneurship from school. 

The director of the Obra Social of Ibercaja, Teresa Fernández; the general director of Educational Policy and Permanent Education, of the Government of Aragon, Manuel Magdaleno, and the managing director of the Aragonese Institute of Employment (INAEM), Jorge Escario, have visited the positions of the Cooperatives Market.

‘Learning to undertake with Ibercaja’ is an educational project aimed at students in 5th and 6th grade of Primary Education, which aims to create and manage, throughout the school year, a cooperative in which they manufacture products that are later sold in a market , with the aim of promoting their entrepreneurial spirit.

“The program allows the kids to see the whole business cycle, from the beginning of the idea to the sharing with the rest of the classmates and to choose the executive of the cooperative,” said the director of the Obra Social de Ibercaja, Teresa Fernández, in statements to Europa Press.

The program is focused on young people participating in the entire process necessary for the formation of a company and the contents revolve around the creation, management, administration and closure of an educational cooperative in the classroom.

In the initial phase the discovery of the personal abilities of the students is worked; it is followed by the definition of the business, in which they choose the appropriate legal form, the capital of the partners and the representatives; subsequently, they have to work on the corporate image of the company, the advertising campaign and functions of a communication cabinet.

Once these concepts have been learned, content related to the company’s accounting is made available and they continue with training on the different techniques and manufacturing models.

Also, Teresa Fernandez has reported that students who participate in this initiative “go to Ibercaja, open an account for the company, make the statutes, if they need a loan, which is usually about 15 euros, and even have a CIF -Tax identification code-“.

“By dividing the company into departments, they see that the work that everyone does is important, and the course culminates with this market,” added the director of Ibercaja’s Obra Social.

The students also work the contents related to the sale of products, from the decoration of the position, to the deal with the client, and learn to make the latest calculations, the invoices or outstanding loans are paid, the invested capital is returned to the partners , they calculate the profits and decide in which they are going to invest them.


Image result for school cooperative market

The final result of this pioneering initiative in Aragón has materialized in the School Cooperative Market, which has brought together 49 small companies that have offered a varied commercial offer.

In the market the work of the students has been marketed, which they have done in a cooperative regime. There have been 51, supervised by 103 professors, who have participated in this project of the bank and the Government of Aragon, ‘Learning to undertake with Ibercaja’.

It is a proposal of an educational nature that marks a new way of understanding the relationship between the world of work and the world of training, developing in the youngest the entrepreneurial spirit.

The children have sold, through their own brands, the merchandise of their businesses: “Ashtrays, mobile covers, bags with recycled materials, soaps, rings, bracelets, brooches, wallets, stationery, pins and photo frames, among other products “, commented Teresa Fernández.

At this point, he said that the market, which is in its third edition, “every year is a public success”, but especially this year because “there have been positions that have closed due to depleting stocks”.

Students have also had to decide what to do with the benefits, “in some cases donate part of the profits to a humanitarian organization, as in a case that they have decided to give 5 percent to Cáritas, and the rest to distribute among those who make up the cooperative. “

The director of the Social Work of Ibercaja has added that the experience of these three years of activity has found that the program is serving as a good instrument of the application of the evaluation by competences and also a vehicle for the school recovery of students with problems .


Image result for school competition

The third edition of the program has incorporated two competitions, one for logos and another for product catalogs, and the launch of a ‘Fan-page’ on the social network ‘Facebook’, (www.facebook.com/Aprendiendoaemprendercon Ibercaja, as main novelties).

The cooperative ‘Decoflora’, of the Ferrer and Racaj School, of Ejea de los Caballeros, has been the winner of the logo contest. Also, ‘Alcocien’, of the Justice School of Aragón de Alcorisa, has won the prize of the catalog competition.