Women in Indonesia receive financial literacy training
According to UNESCO, “Literacy is the ability to identify,
understand, interpret, create, communicate and compute, using printed and
written materials associated with varying contexts.”
Literacy is linked with socio-economic progress and is no
longer only about the basic technical skills of reading and writing.
Take, for example, women in the fishing village of Tanjung
Benoa, Indonesia, who recently participated in financial literacy training to
improve their skills as the finance manager in their families.
The training included simple but crucial tips on financial
literacy in an attempt to combat the economic and social challenges the
residents face daily, including a lack of understanding on money management and
limited access to information.
Standard Chartered Bank and the Women’s Empowerment and
Child Protection Ministry organized the training. The bank has conducted
training programs and financial discussions for more than 500 female microentrepreneurs
throughout Indonesia.
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