After Chinese based bike sharing companies went out of business there were thousands of bicycles left without a purpose, or a market. One entrepreneur found the best use for them, donate them to students in need.
Mike Than Tun Win bought 10,000 of these bikes and will be providing to school children in Myanmar, many of whom are forced to walk several miles from their remote villages to school. According to Than, some students walk an hour to school and back each day.
It is estimated that Than will spend around $35 – $40 converting each bike for personal use. All of this is being done under Than’s organization, LessWalk and it should be noted that these are not used bikes that they are giving to these children, but instead they are unused and state-of-the-art models.
As for how they will choose which of the 9+ million students will be receiving the bicycles, Than says they will be focusing on students between the ages of 13 – 16 who walk 2 km or more to school every day.