Built With Bitcoin: How PaxFul is using crypto to bring hope to African communities

In Rwanda, many young children are being given the opportunity to mould their dreams and create a future for themselves through a crypto-powered access to education. In a country where education is still a luxury to many, the impact of creating access to education is indeed highly transformative. 

“Seeing my daughter going to school makes me so happy,” said Immaculate Zihinjishi, a Rwandan mother whose three older children did not have the privilege of obtaining a formal childhood education at an early stage. Her young daughter, Lucky, is one of the many Rwandan children who are enjoying access to free quality education, sponsored by Paxful’s #builtwithbitcoin initiative.

The #builtwithbitcoin initiative, however, is not limited to Rwanda alone, it is a mission that is focused on reshaping the African community with cryptocurrency, especially through education.  “Education is essential in the sustenance of a community. We see our #BuiltWithBitcoin campaign as a way of giving back to the communities that need it the most to showcase how the power of a peer-to-peer currency like Bitcoin can reach people that need financial assistance,” says Ray Youssef, CEO and co-founder of Paxful

Paxful’s #builtwithbitcoin campaign commenced in 2017 in partnership with Zam Zam Water, an organization focused on creating sustainable water and access to quality education for communities around the world. The goal of the #builtwithbitcoin project is to build 100 schools, for up to 15,000 Africans, that are fully funded by cryptocurrency. The initiative strengthens the notion that cryptocurrency is indeed a tool for transformative change. “The #builtwithbitcoin initiative is a testament to the power of cryptocurrency. We firmly believe that it can improve lives and make the world a better place,” says Ray. 

The initiative began its race to the construction of 100 schools with Rwanda. The East African country was deliberately chosen to be the first location of the #builtwithbitcoin project. Speaking on why the choice was made, Ray says, “The people of Rwanda have shown us how we can forgive, heal and build a better world no matter how horrific the past is. People that had their entire families killed by their own neighbors now live side by side again in peace. The western media only shows us an Africa of poverty and disease, Rwanda has shown us the exact opposite. This is why we chose the first Paxful school to be built there.”

PaxFul team

The first school was built in Kasebigege Village, Bugesera District, Rwanda. The school is a nursery school, designed to cater for children between three to six years of age. It contains three classrooms, 4 restrooms with a portable irrigation system, and a 15,000-litre water tank and water-catchment system. To ensure sustainability, community gardens were built for sustainable agriculture, and dozens of goats and chickens were provided for grazing, milk, meat and poultry. 

In 2018, another school was completed in Kigali, Rwanda. The second school is a primary school for children between ages six to fifteen years. It contains six classrooms, a cafeteria, solar panels, a 35,000-litre water system, and other educational resources. The school can cater for up to 300 primary school students. The capacity of the school is about twice the size of the first school.

Advancing the course of the initiative, the construction of a third school was launched in Machakos county, Kenya, earlier this year. The project kicked off with a $30,000 donation from Paxful. The school is set to open in January, for children between 3 to 6 years of age.

PaxFul Built With Bitcoin school in construction

A fourth school is also set to open in January. The school, which is currently undergoing construction, is located in Ankara Nandi, Kaduna State, Nigeria. The school will serve as an early education center for 120 students between 3 to 6 years of age. According to a blog post by Paxful, the school will contain “3 classrooms, 8 bathrooms, a water well, a reservoir, a conference room, and plenty of space for storage.”

Image Credit: @PaxFul / Twitter

The two completed schools in Kenya have also been equipped with full defense kits against the Covid-19 pandemic, to ensure the safety of the students and teachers as the schools continue operations. 

Beyond education, Paxful is also extending its impact mission to other areas of life. This year, the #builtwithbitcoin initiative sponsored the construction of a water well and water filtration distribution center with a 250,000-litre capacity that can serve over a million people. 

Image Credit: @PaxFul / Twitter

Via a Twitter post in January, this year, Paxful’s CEO, Ray, also announced that a Clinic was being built in the first Paxful School in Rwanda. The clinic would cater for about 1100 students and the nearby towns, to give them access to health care that is fully funded by bitcoin. 

So far, the project has been amazing and impactful. “One of the most beautiful aspects of Built With Bitcoin is being welcomed into the lives of these people and their communities. To be able to create positive change into their lives is very gratifying. There are parents who know that their childrens’ books and uniforms were paid for by Paxful using Bitcoin. It’s an amazing story and I think we’re going to hear hundreds more just like it,”says Yusuf Nessary, founder of Zam Zam Water. 

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