This week is Global Money Week, a worldwide week-long event that is celebrated the second week of March everyyear. Coordinated by Child and Youth Finance Initiative, its purpose is to empower the next generation to become responsible and savvy economic citizens. Recognizing the importance of instilling financial skills in youth, especially in the current economic climate, Global Money Week has included activities all over the world to engage children, youth, and their communities “to learn how money works, including saving, creating livelihoods, gaining employment, and becoming entrepreneurs.”
At Camfed, we know well how crucial financial literacy is for young people to secure a brighter future for themselves and their families. And we're excited to share some of the activities going on across our countries of operation in this area.
In partnership with The MasterCard Foundation, members of Camfed’s alumnae association in Ghana – Cama – have been operating a highly successful radio program on financial literacy that has a reach of over a million listeners. And in Malawi, 104 young women have started running various businesses, and 64 other women will be trained in financial literacy and entrepreneurship skills this month.
We know we’ve made some significant strides together when we hear feedback such as this from a participant: “After the programme I have seen a lot of changes in [my father’s] attitude towards the bringing up of my sisters and involvement of my mother in decision-making.”
For more about the activities going on in each of our countries, please visit Camfed's feature on Global Money Week’s website.