Short SummaryContributors fund ideas they can be passionate about and to people they trust. Here are some things to do in this section: I am Dr. Rieki Crins, anthropologist specialized on Bhutan. I have 23 years of experience with the country. The last 15 years I have been working with my Bhutanese partners in the tourist sector. This sector is a growth sector and it can create a lot of jobs for the many unemployed Bhutanese youth. That is why I started this project: and impact investment project: Setting up eco hotels and a rural business academy where we teach hospitality, tourism and social entrepreneurship. We will work closely with respected hotelschools from Switzerland and other experts. This part of the project will be implemented as a non-profit initiative for which the Learning Exchange Foundation has been established. The Foundation will set up the LEF School with limited funds and run the school. The idea is that when the Bhutique Hotel is profitable revenues of the Hotel will flow into the LEF School making it a self-sustaining concept in the future. The initial phases will need a development grant in order to pilot test the model and become sustainable after 5 years. The funding needed will cover all operational expenses of the first 3 years of developing the concept.
Background and rationale: Bhutan is one of the least developed economies in the world. Its economic development and growth are challenged by factors of geography being located in the fragile and rugged eastern Himalayan range and sandwiched between two giant nations – China and India.