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One thousand study opportunities for tenderos’ children

21 October 2009

Bogotá, October 19th, 2009. As part of its sustainable development initiative, Bavaria, S. A., leading beverages company in Colombia, will allocate ten billion ($10.000 million) pesos to support the technical careers of four thousand Colombian tenderos' (storekeepers) children. The programme "Bavaria Opportunities: Educational support for tenderos' children", will ease the access to technical careers for one thousand students in 2010 and for another 3,000 over the following three years.

Through this programme, geared towards the children of storekeepers from social brackets 1 and 2, Bavaria will sponsor up to 80% of the tuition fee; information on the pre-requisites for this support and on the required paperwork is available at Those selected will be those sons and daughters of tenderos who have achieved the highest scores in the state exams - ICFES - and have been accepted or are attending a course in a technical institution approved by the Ministry of National Education.

Those students who benefited from the programme will not need a co-debtor, nor pay interest on the money they receive as support. Likewise, they will not have to start repayments until they find a job.

As well as the sponsorship, those selected will receive tutoring in study techniques from Lumni, from executives and other Bavaria employees.

José Tovar Oliva, Sales Vice-president of Bavaria, said in regards to this: "Colombian storekeepers are, by their nature, our most important friends. This is why we will always be ready to support their efforts for bringing up their families. ‘Bavaria Opportunities' was born under this philosophy, a programme that seeks to bring progress opportunities for the lower income storekeepers, according to their most pressing needs. In Bucaramanga, for example, a few weeks ago we presented a social micro-credit programme for storekeepers in depressed communities, which is already translating into wellbeing for them and their communities".

"Bavaria Opportunities: Educational support for tenderos' children", will be managed by Lumni - -  a firm specializing in the design and management of investment funds for human capital for students with a high potential and low income.

Bavaria S. A. is the largest beverage company of Colombia. Its brands Águila, Águila Light, Club Colombia, Cola & Pola, Costeña, Costeñita, Peroni, Pilsen, Póker, Redd's and Pony Malta are leaders in their respective beverage categories in Colombia.

For additional information please contact:
Juan David Lee Aguirre  -
Phone +57-1-638 9290 - Bogotá, D.C.


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