QNET’s FinGreen Financial Literacy Program has launched as a pilot program in Turkey and Nigeria. The program aims to increase financial inclusion for marginalized communities and address the financial challenges young adults face when they are not equipped with the knowledge and confidence necessary to successfully manage their finances.
FinGreen operates based on three pillars: Assess, Train and Advocate. Together in collaboration with local experts, FinGreen determines how to most effectively implement training, then delivers the training through vetted, qualified teachers, and finally commits to building a sustainable program to induce a financial knowledge ripple effect throughout the community.
“Financial literacy is a key skill for individuals, especially the youth,” said Malou Caluza, QNET CEO. “Higher mobile phone penetration and earlier adoption of technological services mean that the younger generation is likely to be exposed to more financial products compared to their parents. They have access to banking facilities, payment platforms, and financial services at an earlier age. Developing their skills and equipping them with proper financial understanding will give youth the tools they need to make savvy and informed decisions regarding their finances, such as managing their savings or planning their budget responsibly.”