Between 500 to 800 million people globally have recently gained access to finance, yet only 110 to 130 million of these individuals have received financial capability training. At the same time, many of the 400 million entrepreneurs in low and middle income countries struggle to manage daily operational risks, because they lack the knowledge of basic financial tools.
How we're helping
Financial Education, through well-designed, targeted interventions, enhances knowledge, skills and attitudes to understand how money works, how it is earned, managed, invested and protected. This allows individuals and businesses to make informed and effective decisions with limited financial resources.
We have two global financial education programmes that are delivered by our employee volunteers.
Financial Education for Youth teaches young people about making a budget and managing their money. In 2016, we reached over 106,000 young people .
Education for Entrepreneurs helps micro and small enterprises master the basics of entrepreneurship. The curriculum builds the capacity of these businesses by helping them understand topics such as cash flow management, accounting and business planning. In 2016, the programme reached 1,000 entrepreneurs, 57 per cent of whom were women.
Access to finance
We're committed to developing products and services that improve access to finance.
We contribute much more than profits. Through our business, we can be a force for good.
We believe that volunteering is good for communities, employees and our business.