Free Education for 150 poor girls in Pakistan

by Sustainable Development Association (SDA)
Free Education for 150 poor girls in Pakistan
Free Education for 150 poor girls in Pakistan
Free Education for 150 poor girls in Pakistan
Free Education for 150 poor girls in Pakistan
Free Education for 150 poor girls in Pakistan
Free Education for 150 poor girls in Pakistan
Free Education for 150 poor girls in Pakistan
Free Education for 150 poor girls in Pakistan
Free Education for 150 poor girls in Pakistan
Free Education for 150 poor girls in Pakistan

Project Report | Mar 18, 2024
Financial Literacy Training to the Women

By Shakeela Nasir | Program Manager

Financial Literacy Training Participants
Financial Literacy Training Participants

On the occasion of Interanational Women Day, a training was held in the village on financial literacy with the women of the village including the mothers of the students. The objective of the event was to educate the women on how to earn, spend, save, borrow, and protect their money. The dream of equality of women can only be acheived on their economic independence. Following was the sequence of sessions 

  • Registration/Attendance of the participant
  • Introduction of the participants and trainers.
  • Introduction of the project.
  • Concept of Financial Literacy and it’s important for empowerment of women.
  • Various Books of accounts
  • Money Management (Cash & Bank)
  • Pricing, Revenue, expenditure and profit
  • Spending, saving and enhancing the business.
  • Borrowing of money (institutions)
  • Recapping the day

In the introduction session pairing of the participants was made and one member of the pair introduced the other by her name and one of her any activity which leads to earning for her or her family. The session provided the information about the economic activity the women are performing in their daily routine.

The participants were informed that SDA is holding this activity with the support of NGO Bedari under the  Project “Empowering Women & Girls”. The Commonwealth of Learning (COL) is Canada is the donor of the project. 

Economic Empowerment to the Women is the sound foundation to achieve the goal of fulfillment of women rights.

Concept of financial literacy was elaborated in detail. They are spending money and financial literacy leads to the rational decisions about the daily financial matters. Concept of Transaction and types of transactions was discussed. Revenue, Expenditure, Assets, Capital and Liabilities were also discussed.

In continuity of the previous session the participants were introduced about the various books of accounts i.e. Cash, Ledgers, Asset Record register. They were divided into various groups and they performed ten financial transactions and presented their work in the session.

Next session was about the money management. They were told about the handling of cash in a safe manner. They were also told about the opening of account in the banks and other related proceedings. They were also introduced about the mobile banking (Jazzcash, Easy Paisa etc.)

A session was specific about the effective business and rational decision making in competitive pricing, generating more revenue, reducing expenses, maximizing profits, spending the percentage of money on themselves for living a quality life and saving and re-investing to enhance their business.  

In last session the participants were introduced about the various financial institutions to borrow the money for economic activities.

At the end a participatory recapping was made to further strengthen their concept of financial literacy.

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Organization Information

Sustainable Development Association (SDA)

Location: Jauharabad, District Khushab, Punjab - Pakistan
Website:
Project Leader:
Muhammad Ghazanfar
Jauharabad, District Khushab , Punjab Pakistan
$14,457 raised of $22,000 goal
 
110 donations
$7,543 to go
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