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Financial Literacy Project

 Saving is the fuel for investment: because the wealth of a nation is dependent on the savings of its people. 

Earl Jarrett

2014 at a Glance

33 financial empowerment trainings were held, reaching 2015 people (55% children and youth aged 25 and under).

60% of financial literacy training participants who were assessed on their learning show improved understanding of personal financial management concepts (based on the results of pre - and post-training tests completed by 51 persons at three sessions).

 

Financial Literacy Overview

With strong belief in the power of proper  financial training and strategy to enable persons to become financially independent and sound, the JN Financial Literacy Project was launched by the JN Foundation, in collaboration with the Inter-American Dialogue on June 2013 .

Initially targeting remittance customers, many of whom were unbanked, the programme has been expanded to include other groups, including children.  Utilizing a toolkit designed to debunk the myth that financial independence is a dream attainable by only a few, the workshops promote the idea that with knowledge, discipline and commitment, this desirable status can be achieved by many. 
Revamped in 2015, the renamed Financial Empowerment Programme has become one of the most sought after programmes at the JN Foundation as individuals become more aware that proper money management is necessary in their quest to achieve their financial goals.

The programme has achieved a high level of success, transforming lives and providing hope as participants embrace their role and responsibility in their quest for financial freedom.