Weekly Update 21st April 2013

This is the weekly update from KG Team meeting on 21st April, 2013

1. Financial Review:  Finances are stable due to revenue from the ‘mini Venture’ (BMI Machine). We are ok till May end. 
   
2. Management Review:  An alliance was formed between FCube Cinemas and KG.  We hope to generate enough funding to cover salary of one support staff from this relationship.  They have agreed to give us 16 movie passes free of charge every week. 
   
3. Program:  Gift program is stable at 2 gifts per day.  We have to now focus on the stationery program for which we got over 700 applications.

Notes:

• Volunteers interaction - There was one interaction with Ace College and a whole day meeting with Ullen’s volunteers. Target for college outreach is now raised to 2 per week 
  
• KG facilitated a visit of Chinese Academic Delegates to Kathmandu University.
  
• First ‘Responsibility Event’ will be a walk by the Ullens volunteers on Sunday. 
  
• On the same day, Tarini School near Basantapur. After the walk participants will paint Tarini School and Mr. Prem Subba and his friend will distribute food to students, teachers and KG Team.
  
• BMI project started by KG Staff Krishna, Ullens Circle and other volunteers has done very well in the past 2 weeks. They are targeting to raise at least Rs. 50,000 for stationery from this project (90% achieved).