2017 Honduras Global Money Week

Leading Organizations:
Grupo Financiero Ficohsa
Participating Organizations:
Escuela Policarpo Paz-, Escuela Oscar Andrés Rodríguez, Escuela Roberto Suazo Córdoba
Number of children reached directly: 288
Number of children reached Indirectly: 296

As part of the commitment to education, a weekly workshop was held in which nearly 300 children were trained on saving topics. The children had the opportunity to do a tour through the “Ficohsa Financial Circuit”.

The "Ficohsa Financial Circuit" is one of the initiatives of the program that Grupo Financiero Ficohsa is carrying out focusing on educating the Honduran population, in order to achieve a healthy financial well-being and to improve their quality of life. Part of this financial education program, through Aflatot and Aflatoun, includes personal finance talks to young and adult people. Ficohsa focuses on and believes that financial education programs need to start from early age, as children are the future of the country.

Visiting the many stands, children could learn in a fun way about the importance of saving. Together with the tour, children managed their own piggy banks, in order to cultivate in them lessons that will be useful both in the short and long term, and to recognize the importance of the difference between a necessity versus a luxury.

Grupo Financiero Ficohsa continues its work to promote financial education, working with first and seconda grade children from public schools of Francisco Morazán from disadvantaged areas durng the GMW, and seeks to promote good financial habits and savings at an early age. Ficohsa counted on the participation of 33 Ficohsa volunteers who brought joy and knowledge to all the children, who were between 5 and 8 years old. Ficosha also gained the support of the teachers of the schools where they were present during the whole day of work.


2016 Honduras Global Money Week

Leading Organizations:
Grupo Financiero Fochsa
Date of the event:
14th - 18th of March
Total number of children & youth engaged: 150

The Ficohsa Financial Group led GMW activities in Honduras this year. The group contributes to the economic and social development of the communities in which it operates, through initiatives that promote education, health, entrepreneurship, financial inclusion, culture and environmental protection.

The main focus of the Ficohsa Financial Group activities is on social investment in early childhood education through the Ficohsa Foundation for early childhood education. The foundation is dedicated to preschool children between 3 - 6 years of age who come from economically disadvantaged, urban, marginal and rural areas of the country through the construction, reconstruction, sustainable and comprehensive adoption of preschools.

The piggy bank workshop that took place during the Week was targeted at the preschool students; encouraged by the foundation for financial literacy, this workshop aimed to promote that investments in early childhood education provide advantages that expand and strengthen over time. The workshop included conversations related to the importance of savings and the benefits of a healthy financial life. After the presentation given by the group, each child received an education kit with which they can prepare and decorate a box to simulate savings. The piggy banks were decorated and personalized by each child, so that by the end of the activity the children could begin to acquire their own healthy savings habits.

After the activity, a reflection was done with the children on the importance of the workshop and the benefit they gain as individuals once a savings habit is formed. The promotion of healthy savings habits was accompanied by the strengthening of the teachers’ center of each of the schools and their involvement in financial education in the classroom.

2015 Honduras Money Week

Participants:
National Commission of Banks and Insurance (CNBS), Universidad Privada Tecnológica de Honduras,Universidad Pedagógica Nacional Francisco Morazán
Date of event:
9th - 17th of March
Number of children reached:
232

2015 Global Money Week was celebrated in Honduras by the National Commission of Banks and Insurance (CNBS), Universidad Privada Tecnológica de Honduras, Universidad Pedagógica Nacional Francisco Morazán.

Universidad Privada Tecnológica de Honduras and Universidad Pedagógica Nacional Francisco Morazá developed a series of lectures to improve teachers’ knowledge of financial education. In the future, the initiatives will be utilized to include trainee teachers in workshops and conferences to take financial education into the classrooms.

CNBS also organized a visit to the headquarters of Banco Atlántico for the children and youth where they learned about the daily operations of the financial institution.

 

2014 Honduras Money Week

Participants:
Central Bank of Honduras
FICOHSA
Catholic Relief Services
Date of the event:
10th – 17th of March
Number of children reached:
130

The Central Bank of Honduras was welcomed into the Global Money Week celebrations for the first time this year. The financial institution FICOHSA hosted financial education activities for early childhood. Children from a very early age (2-4 years old) joined storytelling and drawing sessions simultaneously in Honduras and Spain. The Central Bank of Honduras hosted school students of all ages to their premises in order to teach them about the Central Bank role in their country’s economy.

The Catholic Relief Services held meetings in the district of La Paz were they discussed the current status of financial education and the financial products available to children and youth in Honduras. The meetings involved representatives from various organizations concerned with the social and economic welfare and development of the young generation, as well as Hondurian children and youth themselves.

Freedom from Hunger and CYFI joined on a NGO alliance webinar about financial services, where more than 30 organizations will be participating. This webinar was complemented with a global discussion between youth from the different countries and projects.

Learn more:

crs.org

 

2013 Honduras Money Week

Name of organizing entity - Children International Honduras
Partners - Aflatoun
Date of the event - 15th – 21st of March
Number of children reached - 250

250 young people from three communities, Human Settlements, Mines and Santa Rita Yoro were participants in Global Money Week and Aflatoun day. During the event, which took place in the areas of Service Children International, the youth participated in different activities such as games, songs, puzzles where they put in practice the five key elements of Aflatoun: personal exploration, rights and responsibilities, saving and spending, budgeting and financial and social enterprises.