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2018 Nicaragua Global Money Week

LEADING ORGANIZATIONS:

  • FAMA Foundation
  • Fabretto Children's Foundation

PARTICIPATING ORGANIZATIONS:

  • Universidad Politécnica de Nicaragua (UPOLI)
  • 3 schools

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 573

NUMBER OF CHILDREN REACHED INDIRECTLY:

  • 877

FAMA Foundation
FAMA Foundation organized a variety of activities for primary, secondary and university students in three educational centers and a university. Nine workshops were organized in the Colegio Hermano Pedro Betancourt and the Benito Juarez. The students made an origami wallet using a savings worksheet. There was also a competition of presentations and debates in the educational center San Martin de Porres. Additionally, the Foundation organized eight seminars and a video/animation competition at UPOLI. The theme discussed in all the activities was “Saving for Your Well-Being”. With access to financial inclusion and financial education, children and youth can learn how to save and spend money in a responsible manner.

Fabretto Children's Foundation
During Global Money Week, Fabretto's Education Center in Esteli promoted early financial education through the launch of the Aflatot program in the school, which benefitted over 300 children in total. Six teachers participated in the initial training with Fabretto's Education Coordinator, who had received training in the Aflatot program in Honduras, thanks to a partnership with Fundacion Ficohsa. The teachers had the opportunity to learn about the program's methodology, curriculum and methods of evaluating children's skill development. The training and the program will be replicated in Fabretto's preschools in Somoto, Ocotal and Granada throughout the 2018 school year, benefitting hundreds of preschool children.


2017 Nicaragua Global Money Week

PARTICIPATING ORGANIZATIONS:

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 350

Participating in Global Money Week for the very first time, Banco Lafise, together with Fundacion Zamora Teran, conducted a series of lectures for both primary and secondary school students. For the younger students, the “ABCs of Money” were discussed, including topics such as “What is money?”, “What is and why do we save?” and “How to use a bank”. The goal of these sessions was for children from 4th – 6th grade to learn not only about these financial topics, but for the children to feel the experience of working in a bank. As such, an executive from the bank took part in a question and answers session.

Furthermore, for older students, a workshop took place entitled “Beginning without dying while trying. Keys to boost your internal and financial resources”. This session covered a series of themes including: Your numbers: guide for making decisions; Separation of business finance and personal finance; Financial errors when starting out; Internal resources to leverage your resilience; Executive management for greater effectiveness; How to deal with complex situations and challenges.”


2016 Nicaragua Money Week

LEADING ORGANIZATION:

PARTICIPATING ORGANIZATIONS:

  • Fundación para el Apoyo a la Microempresa
  • Escuela Benito Juárez, Colegio Hermano Pedro Betancourt, Colegio San Martín de Porres
  • Recinto Universitario Carlos Fonseca Amador (RUFA), Universidad Centroamericana (UCA)

DATE OF THE EVENT:

  • 14th - 18th of March

TOTAL NUMBER OF CHILDREN AND YOUTH ENGAGED:

  • 878

For the first time, Fundación FAMA participated in Global Money Week by organizing informative sessions on savings, responsible spending and consumerism in various schools and universities throughout Nicaragua. In the Centro Escolar San Martín de Porres, Colegio Hermano Pedro Betancourt, Universidad Centroamericana and Recinto Universitario Carlos Fonseca Amador, materials such as books, brochures and banners were handed out to students. In the universities, special attention was given to risk management as a main point of discussion during Global Money Week.


2015 Nicaragua Money Week

PARTICIPANT:

  • Catholic Relief Services

DATE OF THE EVENT:

  • 9th - 17th of March

NUMBER OF CHILDREN REACHED:

  • 50

Catholic Relief Services (CRS) Latin America, in collaboration with different local partner organizations, planned daily activities in 3 countries: México, Guatemala and Nicaragua. In Nicaragua CRS in collaboration with local institutions organized different activities in primary and secondary schools. The trainings focused on informing youth about savings, loans and promoting Global Money Week’s principles. Local partners also leaded several trainings on financial education and savings behavior. A drawing competition and mural creation with the theme of Global Money Week, save today safe tomorrow was among the activities preferred by the children present.


2014 Nicaragua Money Week

PARTICIPANTS:

DATE OF THE EVENT:

  • 10th – 17th of March

NUMBER OF CHILDREN REACHED:

  • 190

The Global Money Week celebrations and activities reached Nicaragua this year, with several organizations creating activities and events across the country. During 2014 Catholic Relief Services (CRS) and the Central Bank of Nicaragua joined efforts to make this global initiative a success.

The Catholic Relief Services held meetings in different localities in the San Juan de Rio Coco were they discussed the current status of financial education and the financial products available to children and youth in Nicaragua. The meetings involved representatives from various organizations concerned with the social and economic welfare and development of the young generation, as well as Nicaraguan children and youth themselves. A videoconference with youth from Puerto Rico and Colombia took place after the meeting and was enjoyed by the young representatives. Children and youth also had the opportunity to be hosted by the Central Bank of Nicaragua, in a wonderful experience that allowed them to learn about how money is printed and the story behind the evolution of the Nicaraguan currency.

Learn more:

crs.org