Setting up Financial Clubs for young Nigerians

Dear Esteemed Donor,

The last quarter was a blend of excitement and enlightenment as our team reached out to the community for feedback on the impact of the Financial Literacy Club on their financial well-being. We designed a survey form and deployed it to schools at the end of July 2023.

We received 46 responses from students across three of the sixteen schools we cover. Respondents’ feedback showed that 95.7 percent applied the skills and knowledge they acquired from the club activities in their daily lives, while 97.8 felt more confident in managing their finances after attending the club activities.

In the month of August, we had a financial literacy session with 50 young people at a Teenagers' Summer Camp in Jimeta–Yola. Topics discussed during the session can be summarized as follows:

a). Making Money

b). Managing Money

c). Multiplying Money

Among the resources recommended to the teenagers were "The Richest Man in Babylon and Think and Grow Rich."  We had fun with the Teenagers, playing money games; "Monopoly, etc."

While we remain committed to raising financially savvy youths, we acknowledge that we couldn't have achieved this feat without your continued support. Therefore, we want to thank you, our dear donor, for contributing to realizing this noble ambition.

As we prepare for the next academic year, we will focus on improving our program delivery while expanding our reach to more communities. We believe that our collaborative efforts will transform more lives in our communities as we continue to create the right attitude towards money among youth, preparing them to make the right decisions in the future and reduce the poverty gap in Nigeria.

Warm regards from out team!

• Club Activities Survey Analysis (DOCX)