Guatemala

2018 Guatemala Global Money Week

LEADING ORGANIZATIONS:

  • BAC Credomatic Guatemala
  • Bank of Guatemala

PARTICIPATING ORGANIZATIONS:

Azteca Foundation, Banco Azteca, Banco Azteca, Management of Consumer Care and Assistance, Banco CHN, Banco de los Trabajadores, DIACO, Ministry of Culture and Sports, Ministry of Economy, Ministry of Education, Superintendency of Banks, Banking Association of Guatemala, National Mortgage Lending Organization of Guatemala, Worker’s Bank, Área de Sostenibilidad, 12 media organizations, 40 schools

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 16 826

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 57 575

Bank of Guatemala
The Bank of Guatemala launched the 53rd Financial and Economic Education Festival and 7th Global Money Week in Plaza Carlos Merida. One hundred and thirteen institutions supported and participated. Representatives from government ministries, financial institutions and foundations attended. The festival is part of the Bank of Guatemala’s educational program, and its objective was to help Guatemalan society understand and appreciate financial institutions. The students could visit the stands of each participating organization where they received explanations of economic and financial concepts. Banguat (Bank of Guatemala) presented seven displays, all of which had an instructor who explained the content. Their booklets presented explanations for questions such as “What is Money?”, “What are Banks?” and “What is a Central Bank?”. A series of mini festivals took place in 27 “Bibliotecas del Banco De Guatemala" (Libraries of the Bank of Guatemala) around the country, while the other participating institutions held their own financial education programs. The Central Bank organized the puppet show “El día que Rosita y Luisito conocieron a Monedín” (The Day Rosita and Luisito met Monedín) to address questions on money, savings and the Central Bank. The game “Credits and Debits” actively addressed the themes in the Banguat booklet. Additionally, the Ministry of Culture and Sports organized an ancient Mayan ball game in honor of Global Money Week. The other participating institutions offered interactive games and audiovisual materials. For example, the Superintendncy of Banks offered “La ruleta de la educación financiera” (The Roulette of Financial Education). Banco Azteca put forth the video “Uso de las tarjetas de crédito” (The Use of Credit Cards) and virtual reality game “Academia Espacial de Ahorronautas” (Space Academy for “saving” Astronauts). Banco de los Trabajadores (The Worker’s Bank) organized “Gol de ahorro para mi futuro” (The “Goal” of Saving for my Future). During GMW, the Ministry of Education organized teacher training sessions to ensure that the teachers understood financial and economic concepts and therefore pass this knowledge on to their students. GMW has garnered notoriety in Guatemala largely due to the presence of Jafeth Cabrera, Vice President of Guatemala, at the festival. The Third Student Competition for Research on Financial and Economic themes was held in several educational establishments in Guatemala City. The topic was “The Importance of Family Remittances in the Guatemalan Economy.” Its objective was to facilitate understanding of economic and financial processes in everyday life. It also had the goal of helping students learn to make better economic decisions, and expand their knowledge of the Central Bank and other institutions participating in Guatemala’s economic and financial activities.

BAC Credomatic Guatemala
BAC Credomatic Guatemala supervised multiple student led campaigns, focusing on Financial Education. This year, the student campaign “Financial Goals” reached over 4500 students from 23 educational centers on a national level. In these spaces the students strengthened their knowledge. The main objective for these student campaign classes was to carry out fun and practical activities for youths that are currently in their ninth year of secondary and for them to receive materials on “Personal and Family Finances for Life”.


2017 Guatemala Global Money Week

LEADING ORGANIZATIONS:

PARTICIPATING ORGANIZATIONS:

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 8 684

NUMBER OF CHILDREN REACHED INDIRECTLY:

  • 2 000

As part of the Global Money Week 2017 celebrations, the Bank of Guatemala held the XLV Edition of the Festival of Economic-Financial Education on 27 – 31 March, with the participation of more than 10,600 students. The festival was held as part of the educational projection of the Bank of Guatemala, with the support of the Ministry of Education, and has been carried out since 2008 in different parts of our country.

The activity included an educational tour, focused on the contents of the Libraries of Banco de Guatemala, whose representations were engaged in interactive stations, explain financial content to the children in a simple and enjoyable way. The Superintendence Bank, the Banking Association of Guatemala, National Mortgage Credit, Workers' Bank, BAC-Credomatic, Consumer Assistance and Assistance Directorate, as well as Azteca Foundation, with their interactive and educational games and materials, contributed to the success of the activity.

In addition, the Bank of Guatemala presented a puppet show, explaining to children what the Bank of Guatemala is, its functions and the importance of saving.

As a special Global Money Week 2017 event, the contest “Segundo Concurso Estudiantil de Investigación sobre Temas Económico-Financieros” (Student Contest on Research about Economic and Financial Issues) was conducted, for public school students in the capital city of Guatemala. The main topic of the contest was: Why is it good for an economy to grow?

More information about the activities can be found here: http://www.banguat.gob.gt/Publica/concurso/bases2do.pdf


2016 Guatemala Money Week

LEADING ORGANIZATION:

PARTICIPATING ORGANIZATIONS:

  • Superintendencia de Bancos SIB, Ministerio de Educación, Ministerio de Finanzas Públicas, Ministerio de Economía, Superintendencia de Administración Tributaria, Dirección de Atención y Asistencia al Consumidor, Asociación Bancaria de Guatemala, Escuela Bancaria de Guatemala, Children International, Empresarios Juveniles, Crédito Hipotecario Nacional de Guatemala, BAC-Credomatic, Banco G&T Continental, Municipalidad de Guatemala, BANRURAL, Banco de los Trabajadores, Teatro Nacional, Biblioteca del Banco de Guatemala en San Martín Jilotepeque (Chimaltenango), Biblioteca del Banco de Guatemala en Quetzaltenango (Quetzaltenango),Biblioteca del Banco de Guatemala en Mazatenango (Suchitepéquez),Biblioteca del Banco de Guatemala en Huehuetenango (Huehuetenango),Biblioteca del Banco de Guatemala en Zacapa (Zacapa), Biblioteca del Banco de Guatemala en Guastatoya (El Progreso), Biblioteca del Banco de Guatemala en Salamá (Baja Verapaz), Biblioteca del Banco de Guatemala en Antigua Guatemala (Sacatepéquez), Biblioteca del Banco de Guatemala en Puerto San José (Escuintla),Biblioteca del Banco de Guatemala en Cobán (Alta Verapaz), Biblioteca del Banco de Guatemala en Puerto Champerico (Retalhuleu),Biblioteca del Banco de Guatemala en Sololá (Sololá), Biblioteca del Banco de Guatemala en Amatitlán (Guatemala), Biblioteca del Banco de Guatemala en Patzún (Chimaltenango), Biblioteca del Banco de Guatemala en Coatepeque (Quetzaltenango), Biblioteca del Banco de Guatemala en Jalapa (Jalapa), Biblioteca del Banco de Guatemala en Zaragoza (Chimaltenango), Biblioteca del Banco de Guatemala en San Luis (Petén), Biblioteca del Banco de Guatemala en El Progreso (Jutiapa), Biblioteca del Banco de Guatemala en Santa Lucía Cotzumalguapa (Escuintla), Biblioteca del Banco de Guatemala en San Marcos (San Marcos), Biblioteca del Banco de Guatemala en Chiquimulilla (Santa Rosa), Biblioteca del Banco de Guatemala en Santa Cruz del Quiché (Quiché), Biblioteca del Banco de Guatemala en Sumpango (Sacatepéquez), Biblioteca del Banco de Guatemala en Río Hondo (Zacapa)

DATE OF THE EVENT:

  • 14th – 17th of March

TOTAL NUMBER OF CHILDREN AND YOUTH ENGAGED:

  • 6 186

The celebrations in Guatemala, the winner of the Global Money Week 2015 Award, began with the performance of the play "The Tree of Money". This performance took place in Guatemala's National Theater, located in the capital city of Guatemala City.

Furthermore, during Global Money Week 2016, the Central Bank of Guatemala and its allies organized a National Financial Education Fair with the objective to disseminate information about the work undertaken by their institutions in relation to financial education and financial inclusion for children and youth. The fair also included diverse educational and interactive activities in which participants learned about savings, inflation, exchange rates and much more.

GMW celebrations in Guatemala aimed to reach 17 of the 22 states in the country through a series of mini Financial Education Fairs organized in various schools, public libraries and public spaces.


2015 Guatemala Money Week

PARTICIPANTS:

DATE OF THE EVENT:

  • 10th – 17th of March

NUMBER OF CHILDREN REACHED:

  • 20 664

PRESS:

  • 15 (Press, radio and TV)

The Banco de Guatemala and the Bank Superintendence, with the support of the Ministry of Education participated for the second consecutive year in Global Money Week. They held the XXIst Economic and Financial Education Festival which proved to be a great way for children and youth to learn about their economic rights and education. The festival was held at Carlos Mérida Plaza and El Obelisco and ran the right through Global Money Week. 11 educational presentations were received by more than 8 664 students from educational establishments in Guatemala City. An educational play “La leyenda del árbol de dinero” was also performed for the youth’s entertainment. It is estimated that during Global Money Week these institutions shared important economic and financial information to more or less 12,000 children, youth and their families. The Economic and Financial Education Festival was such a success that it will presented in the villages of Quiché, Coatepeque, Totonicapán, Jutiapa, Izabal and then, later this year, and once again in Guatemala City.

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


2014 Guatemala Money Week

NAME OF ORGANIZING ENTITY:

  • Banco de Guatemala

DATE OF THE EVENT:

  • 18th – 21st of March

NUMBER OF CHILDREN REACHED:

  • 5 000

The Central Bank of Guatemala reached more than 5000 children and youth with their Festival of Economic and Financial Culture during the Global Money Week. This Festival featured interactive exhibitions divided into seven sections. Each profiled historical facts or action show on financial education, as well as discussion and debate sessions. In these sections interactive displays explained the contents of each of the sections:

  • What is money?
  • What are the banks?
  • What is a central bank?
  • What is inflation?
  • My first coins
  • The princess and her piggy
  • A guy named Change