I do this. My best success story? I started mentoring my little brother in July when he graduated with a B.A. in philosophy. I code reviewed, wrote assignments, helped him choose his own projects, gave advice on what study, and pair programmed with him on weekends. He worked hard; just started his first job as a software engineer last week.
I used to be a schoolteacher before getting into development, mentoring combines my two favorite things: teaching and programming. Feel free to contact me, I'm open to take on one or two select individuals interested in working hard.