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The French Riviera Marathon

By Spectrum IFA
This article is published on: 11th November 2013

This year The Spectrum IFA Group decided to support, raise money and awareness for GIVEWATTS. Our chosen year-end fundraising event was the Nice-Cannes Relay-Marathon. The event was a team marathon divided into different length legs and took place on Sunday 10th November 2013.

A Big Thank You!

On November 10th our two relay teams and Cedric running the full marathon completed the race. It was a dry but blustery morning but the atmosphere and camaraderie was fantastic. An additional 150 Euros was collected during the course of the weekend.

The numbers at the moment are funds raised of over CHf 10’000 which translates to over 200 lamps! With an average of 5 people per household, this improves the lives of over 1’000 and several hundred children! But we are continuing to collect donations and have an auction in January which will add to the total.

Enormous thanks to everyone who donated their time and money in making the event successful.

We will update on specific installations in due course so feel free to check back here periodically.

Again, a huge thank you to all donors – and we will happily continue to receive periodic donations via this site and if you wish to make a monthly donation please contact suisse@givewatts.org

 

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Measurable Impact:

Measuring and reporting back is key to GIVEWATTS. They monitor each installation project every 6 months for 2 years collecting data on technology use, students and communities.

  • Increase in student performance and grades (up to 50-100%)
  • Average in family savings per lamp per year (approx. 190 CHF)*
  • Significant CO2 emissions prevented

*GIVEWATTS estimate a CHF 0.50 per day per household savings per lamp. Savings may extend from cost of kerosene to cellphone charging as well as to time and travel expenses related to their procurement.

These numbers increase as the donations are “recycled” when the micro-financed lamps are repaid and then the money re-lent.

Article by Spectrum IFA

The Spectrum IFA Group is committed to providing a professional financial advice to the expat community in Europe. The Spectrum IFA Group operates in a number of jurisdictions with 12 offices in France, Spain, Italy, Switzerland, Luxembourg, Malta and Portugal with over 50 advisers.

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