Using accounting to help children

More funds are flowing to Escuela de la Calle after Miguel Del Rio improved the organisation's accounting processes.

Overhauling the accounting and management at a school for street children in Guatemala has been a real education for Miguel Del Rio FCPA.

During a short stint in the Guatemalan city of Quetzaltenango – which sits 2300m above sea level near the foot of the famous Santa María volcano in the country’s western highlands – Miguel Del Rio FCPA ticked two items off his bucket list: helping disadvantaged children, and putting his Spanish-speaking skills to good use. 

Del Rio, owner and director of Victorian business Mexicala, which operates a network of caravan parks, took time off his day job earlier this year to help Escuela de la Calle, better known to foreigners as the School of the Streets. 

Running on a shoestring budget, the school and a connected dormitory give education, free medical care and a sense of hope to disadvantaged children. The experience can also be enriching for volunteers such as Del Rio.

“I wanted to do something that would give me a sense of giving back and also have an opportunity to practise my Spanish,” says Del Rio, who was born in Spain but has lived in Australia since he was a toddler.

Professional Development: CPA Q&A. Access a handpicked selection of resources each month and complete a short monthly assessment to earn CPD hours. Exclusively available to CPA Australia members.

The chance to help out the children of Quetzaltenango came via Accounting for International Development, a British social enterprise that offers experienced finance professionals the opportunity to use their skills to make a genuine difference as foreign volunteers. 

Mixing with street children has been humbling, says Del Rio, who notes that many of the young teenagers in the school have left home “because they don’t want to be a burden on their parents”.

Del Rio used his finance and business skills to review antiquated accounting and management systems at Escuela de la Calle and an associated trekking business that raises most of the funds to run the school and dormitory. 

“I wanted to do something that would give me a sense of giving back and also have an opportunity to practise my Spanish.”

His recommendations formed part of an action plan that helped guide the work of other volunteers, and led to the rollout of a new website and better marketing, reporting and budgeting practices. The changes are already delivering benefits, with a stronger uptake of the trekking tours.

“It’s significantly improved the bookings [for the treks], which in turn improves their funding for the school,” Del Rio explains.

While Del Rio took part in a short-stay program that ran for only a few weeks, he believes his work focusing on process improvements could have a long-term beneficial impact on the school and its children. It’s also given him a taste for more volunteering.

“You get to the stage in your life where you do want to give back,” he says. “I got to do something that I’d been thinking of doing for a long time. I’d love to go back, and equally I’d be open to taking on a new challenge.” 

Escuela de la Calle, Guatemala

Miguel Del Rio FCPA.For 22 years Escuela de la Calle (School of the Streets) has run a school and children’s dormitory for disadvantaged children in Quetzaltenango, the second-largest city in Guatemala.

The non-profit enterprise relies on a small staff of teachers and social workers to educate about 140 street children, aged between 5 and 15, at any one time. 

Most of the children are from the poor neighbourhood of La Rosas, where violence, poverty and family dysfunction are widespread. Apart from being taught subjects such as maths, reading, writing and indigenous languages, the children receive free medical and dental care.

Read next: Leading tax adviser was once a refugee now he gives back

Like what you're reading? Enter your email to receive the fortnightly INTHEBLACK e-newsletter.

Like what you're reading? Enter your email to receive the fortnightly INTHEBLACK e-newsletter.

July 2017
July 2017

Read the July issue

Each month we select the must-reads from the current issue of INTHEBLACK. Read more now.