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Tag Archives: Financial Education

2016 Borrow Wisely Campaign kicks off in October!

#BWC2016   We’re proud to announce that 21 organizations from 15 countries will participate in our third region-wide Borrow Wisely Campaign. Our aim, as always, is to educate massive numbers of clients and potential clients about how to borrow wisely – harnessing the positive power of loans and avoiding the pitfalls of too much debt. This year, for the first ...

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New financial education strategy in Kyrgyzstan is adopted!

We are proud to announce that in June 2016, the Kyrgyz government adopted a national-level financial education strategy for the entire population of the country that we developed on behalf of the National Bank of the Kyrgyz Republic last year. The four-year comprehensive strategy will officially be launched in the autumn of 2016. MFC expert Piotr Korynski led the design ...

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Borrow Wisely Financial Education Campaign

#BorrowWisely The Borrow Wisely promotes global client protection standards. This annual international Campaign is led by the MFC and its partners. We work with any institution that is a responsible lender (complying with current global standards of client protection) working in the Europe and Central Asian region. In 2016 our partners engaged directly and virtually with 473,660 clients and potential ...

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Reaching delinquent youth through “My home, my responsibility”

Teaching vulnerable kids to be both money smart and energy smart – this is how we’d describe our year-long partnership with Habitat for Humanity Poland and the Delinquent Youth Center of Orione Convent. Our project aimed to give kids the knowledge and skills they needed to transition from care to independent living. To do so, we created innovative financial education ...

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The KMF Financial Education project in Kazakhstan reached 76,000 people!

  In order to increase the level of financial education of the population in Kazakhstan, KazMicrofinance (KMF*), with the support of its parent company KMF Fund – “Demeu” has developed a project it is calling “Increase of Financial Literacy of the Population“. Using an innovative design approach to ensure best results, KMF developed this unique project for Kazakhstan in December ...

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Support for the Development of a National Financial Education Strategy

Funder: EFSE    Partner: National Bank of Moldova We’re proud to be working with the National Bank of Moldova to develop a national level financial education strategy. The strategy will be based on our research to establish the current picture of financial literacy levels among the population, as well as extensive interviews with key stakeholders. Along with the strategy, we’ll develop an action plan ...

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Strategic Advice for Launching a Financial Literacy Center in Kosovo

Funder: EFSE DF     Partner: Central Bank of Kosovo We are working with the Central Bank of Kosovo to develop a detailed business plan for a new national financial literacy center. The center will run initiatives, programs and campaigns to help Kosovar citizens understand key financial terms and concepts, promote responsible financial behavior and encourage greater trust in the financial sector – thus ...

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My Home, My Responsibility

Funder: The project is supported by Obywatele dla Demokracji Program, finansed by EOG grants  Partners: Habitat for Humanity Poland; Młodzieżowy Ośrodek Wychowawczy Księży Orionistów (MOW) Helping delinquent youth successfully transition from foster care into independent adult life means equipping them with the personal money management skills they often lack. The MFC has teamed up with Habitat for Humanity Poland and delinquent youth ...

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Increasing Access to Finance for Rural Population in Belarus

   Funder: USAID     Partner: Republican Microfinance Center Financial services can be a lifeline to low-income people, when used correctly. We’re working in Belarus to build the capacity of the Republican Microfinance Centre to provide training on budget management and saving to low-income communities. As part of this, our master trainers are rolling out our Plan Your Future and Debt Management modules across ...

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Promoting Women’s Entrepreneurship in Rural Azerbaijan

 Funder:  European Union   Partner: Azerbaijan Microfinance Association (AMFA)We’re boosting women’s entrepreneurship in rural Azerbaijan through an important three-year collaboration with the AMFA Network. Our aim is to train at least 1,650 women in 8 rural areas to better manage their household finances, develop or launch their own business, or find a job in the financial sector.News Financial education in Azerbaijan: Read ...

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