Recently in Nairobi, Opportunity International and The Financial Education Fund (FEF)–which is funded by the Department for International Development (DFID)–are co-sponsoring a Financial Literacy Conference to explore how access to financial services can be facilitated and enhanced through financial education initiatives.
The Financial Literacy Conference opened with remarks from Professor Njuguna S. Ndunu’u, governor of the Central Bank of Kenya, who emphasized that financial literacy not only strengthens markets but increases financial access to those living in poverty. He went on to say, “The drive toward a more financially literate Kenya and African continent requires a diverse group of actors.” As a FEF grant recipient, Opportunity has been piloting a variety of ways to develop and deliver financial education. Utilizing a multimedia approach, we’ve conducted in-country research and focus group discussions to create modules on the importance of debt management, savings and insurance.
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