JN Foundation to Stage International Water Summit

In support of the government’s vision for a healthier Jamaica, the JN Foundation will be staging an international water summit under the theme, “Water is Life,” spanning a two-day period, May 13-14, 2021.

Claudine Allen, general manager of the JN Foundation, said the summit will take the form of a ‘Phygital’ experience, a combination of both physical and digital activities. She underscored that the event will also be up to par with the standard of UN conferences in respect of its look and feel.

She said that the two-day Climate Change, Sustainability, and Innovation Summit, aims to present climate smart solutions geared to impact residential and/or commercial industries and also provide general solutions to address climate resilience, with a special category focused on water adaptation.

Other aims of the summit are to present businesses that help to solve a climate related challenge and overall, promote increased climate resiliency, particularly in residential industries; energizing and exciting persons who are currently involved in this line of business and/or considering entry.

The summit will also provide specific avenues for women and youth-led climate resiliency businesses, to participate. It will also seek to identify the needs of international stakeholders operating the field of the climate resilience.

It is free and open to everyone and will incorporate speakers both locally and from across the Caribbean, who are experts in their field; and who will provide the well- needed knowledge for attendees.

“The Summit will give participants the flexibility to register online for workshops based on their interest; allow networking – with the opportunity to obtain funding, or capital for their businesses; and showcase water adaptation best practices or technology; as well as, highlight the progress of the entrepreneurs, who have been funded by the JN Foundation,” Cornelia Walters-Jones, project manager of the Water Project, outlined.

The University of Technology, Jamaica, will present some of its latest research. A Memorandum of Understanding (MOU) was signed with the university to offer a course in Rainwater Harvesting and Greywater Harvesting under its Faculty of the Built Environment. Mrs Walters Jones stated that the key takeaways from the summit will be to foster entrepreneurship in climate resilience; support the uptake of water efficiency measures in the housing sector across Jamaica and to obtain commitment from the government, to maintain focus and action water conservation strategies.

Through its Water Adaptation Project, the JN Foundation has cemented its objectives to bridge the gap between Jamaica’s already limited water supply, due to climate change and population growth, urbanisation, environmental degradation- among other factors- by encouraging the use of water adaptation technologies by developers and householders.

The project, which was launched in 2017, and is a joint collaboration between the JN Bank, the JN Foundation, the Climate Investment Funds (CIF), the Pilot Programme for Climate Resilience (PPCR) and the Inter-American Development Bank (IDB) is approaching its final stages of completion, but promises to leave a lasting impact on both the environment and the Jamaican people.

For more information about the summit, visit the Water Project’s website, at www.waterprojectja.com.

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Rose Miller, grants manager at the JN Foundation

JN Foundation to Host Online Financial Webinars April 27-29

The JN Foundation, through its BeWi$e Financial Empowerment Programme, will host a series of webinars on financial literacy on April 27- 29.

Rose Miller, grants manager and team lead for the BeWi$e Financial Empowerment Programme, said the webinars will target students at the high and tertiary levels, who are JN scholarship recipients; as well as the parents and guardians of these scholars. Another is also being hosted for members/customers of the JN Group but is also opened to members of the public.

“These sessions have become even more relevant now as we go through the pandemic, now in its second year.  COVD-19 has impacted the lives of everyone socially and emotionally, but by far its greatest impact has arguably been financially. Those who are going to survive are those who are mentally prepared and truly understand money and how money works,” she informed

 Mrs. Miller said the focus of the sessions is to increase awareness about financial matters; assist persons in improving their money management skills; and to discuss how they can navigate financial transactions using technology, during this challenging period where working from home, curfews, occasional lock-downs, social distancing and the reduction of large gatherings are implemented as part of the solution to help in the fight against the Pandemic .

“We have been encouraging persons to use the available technology, such as the use of an app to monitor their finances as well as budgeting; pointing persons to sign up for online banking  to carry out activities such as bill payment,” which she said is convenient, efficient and safer.

Mrs Miller said while some Jamaicans have expressed concerns about using technology, it is time that they embrace the technology as the pandemic has forced many to adapt.

Turning to the webinar scheduled for JN members and the general public, on April 29 at 7:00 p.m., Mrs. Miller encouraged everyone to log on and join the conversation.  “We must be continually working to improve the level of financial literacy of our citizens so that our families and country can be more financially stable.”

The session entitled ‘Ask Me Anything About Money’, will be facilitated by experts from across the JN Group along with special guest, Michelle Toylor-Carter, Chief Executive Officer, of Credit Information Services.

“Persons attending may register on the JN Foundation website and JN Group social media platforms for an informative discussion on charting a path to financial security,” said the JN Foundation grants manager.

The JN BeWi$e Financial Literacy Project was launched by the JN Foundation, in collaboration with the Inter-American Development Bank, in June 2013.

Initially targeting remittance customers, many of whom were unbanked, the programme has been expanded to include other groups, including children.  Utilizing a toolkit designed to debunk the myth that financial independence is a dream attainable by only a few, the programme promotes the idea that with knowledge, discipline and commitment, this desirable status can be achieved by many.

Revamped in 2015, the initiative has become one of the most sought after programmes at the JN Foundation, as individuals become more aware that proper money management is necessary in their quest to achieve their financial goals

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JN Foundation Donates Water Conservation Devices to the Wortley Home for Girls

JN Foundation Donates Rainwater Harvesting System and Water Efficiency Kits to the Wortley Home for Girls

Parris Lyew-Ayee (right), chairman of the JN Foundation presents water efficiency kits to Tanya Wildish (second left), director, Wortley Home for Girls. Sharing in the moment are Mary Allen-Smith (left), director of the JN Foundation and Delores Bailey, manager, Wortley Home for Girls. The home also received a rain water system at a handing over ceremony on World Water Day, March 22, at the home. The donation is in an effort to implement water adaptation measures and curb water usage within the home.

The JN Foundation, through its initiative, the Water Project Jamaica, has donated a rainwater harvesting system and 12 water-efficiency kits to the Wortley Home for Girls at a handing over ceremony on World Water Day, March 22, 2021, at the Home. This is in an effort to implement water adaptation measures and curb water usage within the Home.

Grappling with high water bills, the Wortley Home was established by the Anglican Diocese in 1918 to provide a home and a safe space for girls ages seven to eighteen. The institution was recently rebuilt following a fire in 2015, and now provides a loving environment and Christian upbringing for 14 girls, from a variety of backgrounds.

“In observance of this year’s World Water Day, we want to emphasize the value of water, whether in homes, schools or communities. And, we want to spread the message of water conservation and efficient water use as a part of valuing water. Our donation to the Home will increase its efficient use of water, and decrease the burden of high bills,” expressed Mr. Parris A. Lyew-Ayee, Chairman of the JN Foundation, who made the presentation of the items to the Home this week.

“Each water-efficiency kit includes a showerhead, aerators for the kitchen and bathroom sinks and a toilet leak detector. In addition, we handed over a rainwater harvesting system which will be installed by Instant-Save Conservation Solutions Jamaica Limited,” Mrs. Cornelia Walters-Jones, Project Manager, added.

Rainwater-harvesting systems capture rainwater by directing it from large surfaces, for example, roofs, to an underground or over-ground holding tank. The harvested rainwater is filtered and then pumped directly to the appliances or to a header tank. Domestic or commercial applications include flushing toilets. The Home will use its system to reduce water consumption primarily in the laundry area.

“Water means different things to different people, and we, at the Foundation, have started the conversation surrounding water conservation and what it means to adapt to water saving measures,” stated Mr. Lyew-Ayee. “Adapting means adjusting, and our aim is to influence the narrative that water is important to your home and family life, your livelihood, your cultural practices, your wellbeing, and your local environment, so it is up to you to value and preserve it the best way you can.”

The water project, which was started in 2017, is a joint collaboration with the JN Bank, the JN Foundation, the Climate Investment Funds (CIF), the Pilot Program for Climate Resilience (PPCR), the Inter-American Development Bank (IDB) and IDB Lab.

“The funding from our partners has allowed us to take on impactful and meaningful projects, such as this at the Wortley Home for Girls, as we aim to make a difference. We have also produced useful resources such as a water savings calculator; water adaptation guidelines for homeowners; offered training in water harvesting and carried out a 12 month-long household pilot study,” pointed out Mrs. Walters-Jones.

“A major shock to us at the Home came when the monthly water bill cost us over one hundred thousand dollars,” noted Mrs. Tanya Wildish, Director of the Home. “Most of that money we would have hoped to put into purchasing personal and educational items for the girls and fixing up the home.”

“With the installation of the devices, we are excited to see how much money we are able to save by cutting down our water usage,” added Mr. Keith Sangster, who is also a Director of the Wortley Home for Girls.

In addition to the installation of the devices, the visit to the Home featured a socially distant but interactive session with JN Ambassador, Agent Sasco and the girls, as well as a tour of the facility grounds.

To learn more about the Water Project Jamaica and its corporate philanthropy initiatives, please visit www.waterprojectja.com.

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Saving and Investing: A Path to Financial Security

Chavelle Campbell, Youth Empowerment Officer, with Ministry of Education, Youth and Information

Chavelle Campbell knows too well the importance of saving and investing and how these financial tools have assisted her in achieving her financial goals.

The 30 year-old, Youth Empowerment Officer, with Ministry of Education, Youth and Information learned from an early age that preparing for her retirement should commence as soon as she lands her first job – a knowledge which was imparted to her through the BeWi$e Financial Empowerment Programme, an initiative of the JN Foundation.

“Coming out of university, I did my internship at the JN Foundation with the Resolution Project and that is when I was introduced to the BeWi$e Financial Empowerment Programme. Through the programme, I learned about saving to invest, and since then, I have implemented many of those lessons in my life,” she said.

“I learned then that your first pay cheque, is when you [should] start saving for your pension,” she added.

Campbell said through discipline, she was able to purchase her home by the time she was 30 and most of her financial goals are on point.

“One of the things I have learned from the BeWi$e programme is that each ‘one, teach one’. So since then I have been extending my knowledge to everyone,” she said.

Aneika Vassell, a student nurse
Aneika Vassell, a student nurse

For Aneika Vassell, a student nurse who cares for patients with advanced dementia, budgeting was key to improving her finances.

“A budget is the first tool that you can use to create wealth. My husband and I have been using this tool in our everyday life to manage our money better,” she said explaining that it assisted in keeping track of spending and achieving financial goals.

Vassell, however, admitted that in the beginning it was difficult and that it took a lot of discipline, but, she noted, it has paid off, as there have been improvements in their savings and investment.

“So far, we are reaping our rewards. We have improved in our savings, we have improved our investments and we have been diversifying our portfolio, which is very important,” she said.

Rose Miller, grants manager at the JN Foundation
Rose Miller, grants manager at the JN Foundation

Rose Miller, grants manager at the JN Foundation and team lead of the BeWi$e Financial Empowerment Programme said that a budget can be created by using apps or Microsoft Excel/Google Sheets.

“Select the most suitable method to help you create your budget.  It can be as simple, or as complex as you like. Be prepared to input information about all income and especially expenses as they happen. Whichever method you choose, you will still need to be disciplined to achieve your financial goals so sticking to the budget is very critical. If possible, set an alert to warn about overspending,” she said.

Giving advice on tips on how to improve saving, Mrs Miller said it is best to apply the following:

  • Pay yourself first– Use online banking to transfer money or automate deposits from your pay to your savings, investment, or emergency fund account. Remember the 10-10-80 rule:

10% – Savings

10% – Donate

80% – Spend

  • Create an Emergency Fund–   If you do not yet have an emergency fund account, it is time to set one up.  Remember you should maintain a balance to cover at least six months  living expenses  in your emergency fund,” she said.
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