Camfed Ghana celebrates 2015 Global Money Week

Campaign for Female Education (Camfed Ghana), a Non-Governmental Organization, has celebrated the Global Money Week (GMW), as part of its Financial Literacy and Entrepreneurship Programme, to educate communities especially the youth, on financial literacy.

During the week-long celebration, representatives from Cama Ghana, a network of Camfed beneficiaries, educated students and community members in the Tamale Metropolis on savings, borrowing, budgeting, earning money and being an entrepreneur.

The celebration, which was climaxed in Tamale on Tuesday with a radio discussion on the topic: “Increasing Youth Awareness on the Utilization of Financial Services through Financial Literacy”, also showcased some of the achievements of Camfed, over the past five years in financial literacy.

These included reaching out to over 224,000 people with financial education, financial literacy radio discussions in Northern, Upper East and Central Regions of Ghana, and financial literacy community discussions in local languages.

The GMW was established by Child and Youth Finance International, a global network dedicated to promoting financial inclusion and economic citizenship education for children and the youth, to inform and encourage children and the youth, to take interest in expanding knowledge and engaging in responsible finance management matters.

Ms Janet Kupalba Bonne, a Cama member and a panelist of the radio discussion, highlighted some of the topics during the Financial Literacy Training, which included personal finance, core business skills, business planning and personal development.

Mr Musah Tahiru, Branch Supervisor of Prudential Bank in Tamale, who was also a discussant, called on the Ghana Association of Bankers, to undertake a vigorous education on the relevance of banking to educate skeptics on the importance of banking.

Mr Tahiru lauded Camfed Ghana’s quantum leap in bringing financial education to the doorsteps of communities, households and the youth.

Mr Abdul Nasiru Iddrisu Alhassan, Head of Finance at Grameen Ghana, a micro finance company, urged the public to have confidence in the financial sector’s ability to help them manage their finances.

Camfed Ghana urged all students, community groups and individuals who benefited from the financial literacy trainings to use the knowledge acquired to improve their livelihoods.