Peru flag

2018 Peru Global Money Week

LEADING ORGANIZATIONS:

  • Superintendency of Banking, Insurance and Private Pensions Funds (SBS)
  • Ministry of Education (MINEDU)

PARTICIPATING ORGANIZATIONS:

  • Banco del Estudiante Bartselana, Central Bank of Reserves Peru, Central Bank of Reserves Peru Museum, Central Bank of Reserves’ Money Museum, Citibank, COFIDE, Congress of the Republic of Peru, Cooperation Fund for Social Development (FONCODES), Ministry of Development and Social Inclusion, Ministry of Education, National Institute of the Defense of Competition and Intellectual Property Protection (INDECOPI), National Superintendence of Sanitation Services (SUNASS), Plan International, PRONABEC, Scotiabank, Superintendence of Banking, Insurance and Private Pension Funds (SBS), Supervisory Organization for Investment in Energy and Mining (OSINERGMIN), World Vision Peru, 1 public institution, 13 banking institutions, 13 municipal savings and loan institutions and cooperatives, 2 EDPYMEs, 3 media outlets, 3 municipalities, 4 international organizations, 4 Libraries, 4 private pension funds administrators (AFP), 4 schools, 5 financial institution associations, 5 municipalities, 5 Technical Institutions, 6 financial institutions, 62 Schools, 7 insurance Companies, 8 Other institutions, 8 Universities

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 29 392

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 5 494 265

Superintendency of Banking, Insurance and Private Pensions Funds (SBS)
In line with the National Plan of Financial Education and Financial Inclusion, the Superintendency of Banking, Insurance and Private Pensions Funds (SBS) and the Ministry of Education (MINEDU), coordinated all the efforts that made it possible. GMW2018 was launched in the Congress of the Republic, emphasizing the importance of enhancing saving culture through financial education. During the ceremony, a student and a teacher gave a speech on how financial education helped them reach their saving goals. Multiple events were organized for all ages, including workshops, educational fairs, financial tours, interviews and media and social campaigns, all to create awareness. Libraries and the Numismatic Museum of the Central Bank also organized several activities. The SMA organized a debate between representatives of academia to debate the importance of saving at different stages of life. During the debate, the SBS presented the results of a study from 2017 on long-term saving, based on the results of surveys and focus groups. The results of this event will allow policy makers and the industry to delineate policies and strategies to better serve citizens at different stages of life. Throughout the week, several financial institutions and the National Bank held special campaigns to promote savings, by opening saving accounts for youth across the country. Financial tours were organized in different regions of the country, making it possible for students to learn about how financial institutions and regulatory agencies work, as well as learning about their rights and duties as an informed consumer of financial products and services. These tours gave them the opportunity to interact with officers of the financial institutions and ask questions regarding financial education matters.


2017 Peru Global Money Week

LEADING ORGANIZATIONS:

PARTICIPATING ORGANIZATIONS:

NUMBER OF CHILDREN REACHED DIRECYTLY:

  • 7 426

NUMBER OF CHILDREN REACHED INDIRECTLY:

  • 37 422

The Superintendencia de Banca, Seguros y AFP (SBS) invited 80 institutions, including NGOs and public and private institutions, to participate in the GMW 2017 celebrations through various activities at the national level, in order to spread the message proposed by CYFI to children and young people.

Several associations of the financial, microfinance and insurance systems, together with their partners, joined in the activities of the Week. Unfortunately, just days prior to GMW 2017, torrential rains and floods hit several areas of Peru, including the provinces of Lima. For this reason, many of the planned activities had to be cancelled. However, despite the disaster, many financial institutions still arranged plans to carry out activities in areas not affected by the floods, in order to raise awareness about the importance of saving. In this sense, the efforts made by “Fundación Alemana” and “Cajas Municipales” (FECPMAC) in the inland of the country were very meaningful.

During GMW 2017, the Cajas Municipales de Ahorro y Credito (CMAC), a financial institution from Cusco, together with the support of Fundación Alemana, an NGO from Germany, held a finance education workshop in three different local schools, while high school students were involved in Skype interviews with other students from the Netherlands and Colombia. Thanks to these activities, more than 470 youth were reached! Furthermore, Federación Peruana de Cajas Municipales de Ahorro y Crédito, Financiera Proempresa and Fundacion Alemana held many workshops and talks all around the country, from Lima to Piura, passing through Trujillo and Cusco. More than 300 children and young people from schools attended the workshops and had the opportunity to learn about responsible money management and the importance of saving.

In the city of Cusco, CMAC and partners planned tours around the city. The first financial tour was held in the street markets of Cusco, wherein 1500 people joined the activities. Another tour was carried out inside the Corao community, an ancient indigenous community of Cusco, which allowed for 500 children to learn and exchange insights about financial inclusion with Corao members. For the closing event, 1500 people joined the big Financial Fair held in Tupac Amaru square.

To assure that the message reached as many people as possible, the SBS involved not only children in financial workshops, but adults as well, in order to train the staff to be able to work and prepare activities about financial inclusion aimed to people of all ages. On Tuesday 28 March, another Financial Fair was held at the Congress of the Republic, carried out by SBS, with 230 participants, both children and adults, taking part.

Furthermore, during Global Money Week, El Banco del Estudiante, participated by providing valuable information about savings and finances to students through various financial talks in Arequipa. The talks were motivational, focusing on savings and how to manage financial resources. Moreover, GMW 2017 consisted of workshops led by El Banco del Estudiante about the importance of savings, financial games looking at how to create a savings plan and participation in local television and radio stations to further emphasize the importance behind savings.


2016 Peru Global Money Week

LEADING ORGANIZATIONS:

  • Superintendencia de Banca, Seguros y AFP
  • Ministerio de Educación

TOTAL NUMBER OF CHILDREN AND YOUTH ENAGED:

  • 14 785

TOTAL INDIRECT REACHED:

  • 3 800

PARTICIPATING ORGANIZATIONS:

  • Public Institutions: Superintendencia de Banca, Seguros y AFP (SBS), Ministerio de Educación ( MINEDU), Ministerio de Economía y Finanzas (MEF), Banco Central de Reserva del Perú (BCRP), Banco de la Nación (BN), Comisión Multisectorial de Inclusión Financiera (CMIF), Programa Nacional de Becas y Créditos Educativos (PRONABEC), Municipalidad de San Miguel
  • Private and civil society: Banco de Crédito del Perú( BCP), Fondo de Seguro de Depósitos (FSD), Caja Sullana, Rímac Seguros, La Positiva Compañía de Seguros, Mapfre Seguros, Pacífico Seguros, Sura Compañía de Seguros, Protecta Compañía de Seguros, Finanzas Prácticas - Visa, Fundación Alemana, Instituto de Estudios Peruanos (IEP) - Proyecto Capital, ONG Visión Solidaria - Aflatoun
  • Associations: Asociación de Empresas de Seguros (APESEG), Federación Peruana de Cajas Municipales (FEPCMAC), Centro de Estudios Financieros de la Asociación de Bancos ( CEFI de Asbanc)
  • Schools: Colegio San Pedro (Chorrillos), Colegio Virgo Pottens (Lima), Colegio Abraham Lincoln, La Punta (Callao), I.E. 31501 Sebastián Llorente (Huancayo), Colegio Nacional de Ciencias (Cusco), Colegio Divino Maestro, Sullana (Piura), Colegio San Jose de Tarbes (Piura), Colegio Teresa González de Faning (Lima), Colegio Jesús Obrero (Lima), Colegio María Parado de Bellido (Lima), Colegio Serafín Filomeno (Moyobamba), Colegio José Antonio Encinas Franco (Moyobamba), Colegio I.E Arequipa Primaria (Arequipa), Colegio Héroes de Angamos, Colegio Nuestra señora de Lourdes, Colegio Sagrados Corazones, Colegio Micaela Bastida, Colegio Juana Cervantes
  • Universities: Universidad Privada del Norte, Universidad Nacional de Ingeniería
  • Caja Arequipa
  • Municipalidad Provincial de Arequipa
  • Consejo de Participación de la Juventud Arequipa
  • Thunderbird School of Global Management
  • Papelera Panamericana

DATE OF THE EVENT:

  • 16th - 19th of March

NUMBER OF CHILDREN REACHED:

  • 14 785

This year for the first time in Perú, Global Money Week involved both the public and private sector, schools, universities, civil society organizations, associations and more in financial education initiatives at the national level in the pursuit of a common goal: to encourage the population, especially children and youth, to create a culture of savings. Global Money Week is in line with the actions of the National Strategy for Financial Inclusion Peru, within the framework of the development of awareness campaigns to promote savings as a means to achieve short and long term goals, as well as a means to reducing vulnerabilities in the population.

Peru launched the celebrations of this year's Global Money Week on 16 March with activities in Lima, San Martín, Piura, Huancayo, Arequipa and Cusco. Activities in Peru not only focused on children and youth, but also took the involvement of parents and teachers into consideration when striving to develop financial capabilities at a younger age. The Ministry of Education and the Superintendence of Banks and Banco de Crédito de Perú initiated activities at the national level, making this the first Global Money Week of national outreach in Peru.

Activities in Peru included three days of school visits and various recreational activities and celebrations, in which children and youth learned about savings, the importance of a stable financial system and, of course, had a lot of fun. Torito, the mascot of the Superintendence Financial Education program, took finances to the classroom and shared his best advice with children all over the country. Global Money Week was an incredibly busy week for Torito.

Additionally, radio stations helped spread the message of saving and value for money to children and youth by conducting various programs. Global Money Week closed with an impressive Savings Fair on Friday 19 March in the capital city of Lima.


Global Money Week 2015 en Peru

PARTICIPANTS:

  • Superintendencia de Banca
  • Seguros y AFP (SBS)
  • Banco del Estudiante – Arequipa

DATE OF THE EVENT:

  • 9th - 17th of March

NUMBER OF CHILDREN REACHED:

  • 2 800

As per the traditions, Global Money Week 2015 celebrations were spearheaded by the congregation consisting of the Superintendence of Bank, Insurance and Private Pension Funds (SBS) and Banco del Estudiante in Arequipa. Talks on savings were organized in three primary schools and two secondary schools, reaching approximately 2,500 students. Students were urged to inculcate the habit of saving, a fundamental tool especially for those looking to become entrepreneurs.

Additionally, a seminar-cum-workshop on Financial Education was conducted for the children and youth, in the company of the Superintendence of Bank, Insurance and Private Pension Funds (SBS); and various financial institutions. Around 300 children and youth benefitted by this initiative.

A commission of the Superintendence of Bank, Insurance and Private Pension Funds, also joined the Global Money Week celebrations in Guatemala by accepting an invitation extended by the Central Bank of Guatemala to participate in that country’s Financial Education Fair.

During the week, children participated in various recreational activities in their schools. Radio stations helped spread message of saving and value for money to children and youth by conducting various programs.


2014 Peru Money Week

PARTICIPANTS:

DATE OF THE EVENT:

  • 13th – 16th of March

Global Money Week celebrations were framed by the commemoration of the Consumer Protection week in Peru. One of the lead Global Money Week activities was the combined effort of multiple national authorities in redrafting the National Curriculum Design (DCN) to include Economic Citizenship Education.

During this year’s celebrations the Superintendencia de Bancos (SBS), the Institute of Peruvian Studies (IEP), Banco de Crédito de Peru (BCP), Visa International, the National Congress and the Ministries of Education and Economy joined efforts to ensure that the experience was unforgettable for children and youth who took part in it.

Children and youth learned about finances by playing the most popular sport in Latin America: Football. Visa International’s Financial Football puts child and youth financial skills to the test in a fast-paced, multiple-choice question game. The game tested players' knowledge on financial management skills as they advance down the field and try to score.

The National Congress organized a series of activities that allowed children and youth to share experiences about the financial issues that most concerned them. This activity included financial education games, workshop and hand-outs which explained the importance of the appropriate management of resources. Under the motto “The Progress Route” partners in Peru also organized a financial education fair for children and youth and their families. Together they walked the ‘route to progress’ in the 2 day long fair that focused on personal and family finances.

Learn more:

gestion.pe


2013 Peru Money Week

NAME OF THE ORGANIZING ENTITIES:

  • Instituto de Estudios Peruanos
  • Banco de Credito de Peru
  • Secretariry of Social Promotion
  • Participation of the Municipality of Arequipa

DATE OF THE EVENT:

  • 15th - 21st of March

The celebrations in Peru took place for the duration of the week. Primary and secondary students celebrated the Week in the Municipality of Arequipa and in the Capital of the country in two main events, coordinated by the Instituto de Estudios Peruanos and Banco de Credito de Peru and the Secretariry of Social Promotion and Participation of the Municipality of Arequipa.

These events brought together several financial institutions, local education authorities and welcomed Dr. Marco Falconi Picardo, Deputy President of the Peruvian Congress.

One of the activities was a fair, which fair was focused on giving information to children and youth on existing financial products and services. Additionally, the program “Bodeguita Ecologica” was launched. This program allows children and youth to acquire credit for school material, food and house appliances.

Meanwhile in Lima, children and youth working together with the IEP and BCP participated in a global call with other youngsters from Colombia, exchanging ideas and talking about why savings are important to accomplish their life goals. They also participated in theater plays focused on financial education and consumer protection.