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Pucklechurch boys make £1,600 from £10 loans

 

Watch the boys being interviewed on BBC Points West

Two schoolboys have won a national competition after making a profit of more than £1,600 from two £10 loans.

Archie Kenway, 10, and Lewis Frankcom, 11, from South Gloucestershire, combined their loans from the Tenner enterprise competition.

They used the money to buy stamps and envelopes to post letters to companies requesting items to sell at auction.

The boys came up with the idea to raise money for road safety awareness after a fellow pupil was hit by a van.

Archie was one of the first at the scene when nine-year-old Josh Hartry was hit crossing a main road close to their school, Pucklechurch Primary, in April.

He said: “We were all very sad that Josh got injured and we wanted to do something to help.

“My mum has helped to raise money for charity by doing auctions before now, so we decided to run one for the Tenner project.”

lewis and archie Tenner winners

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Go to the dedicated Tenner site to find out more and sign up for the competition in 2014!