2017 Sao Tome and Principe Global Money Week

Leading Organizations:
Move
Associação de Microcrédito e Empreendedorismo
Participating Organizations:
Liceu Nacional de São Tomé e Príncipe
RTP África
Gnóstica Medical Center
Number of children reached directly: 50
Number of children reached Indirectly: >500

During Global Money Week 2017, MOVE (Associação de Microcrédito e Empreendedorismo) held four events in Sao Tome e Principe, reaching out to high school students, young and creative entrepreneurs in charge of new startups, local entrepreneurs in the food processing business, as well as other important partners. A very exciting event was held by the entrepreneurship club! Several clips on smarter financial options and saving money were filmed, in addition to the lesson dedicated to raising financial awareness. These fun and creative and clips were compiled into a final video, which was presented at the GMW closing event. Furthermore, the startup incubator conducted a workshop on “Minimum Viable Product,” where young people had the opportunity to understand how to start a project without turning to credit or compromising financial stability.

MOVE was very successful in including the remote communities in Sao Tome and Principe by organizing a workshop on “household budget management” in Monte Café, a poor village in the country hills. MOVE targeted both mothers and children by promoting the importance of financial planning and savings to the mothers, and explaining the importance of saving and building money boxes to the children. At the close of the week, MOVE held an event at the Portuguese Cultural Center, where guest speakers discussed various topics on entrepreneurship, and students from the Entrepreneurship Club presented their video. GMW 2017 in Sao Tome and Principe was closed by the tasting of local products, produced by young entrepreneurs.