Global Money Week

2017 Honduras Global Money Week

Leading Organizations:
Grupo Financiero Ficohsa

Participating Organizations:
Nuestros Pequeños Hermanos Honduras

Grupo Financiero Ficohsa, together with Nuestros Pequeños Hermanos Honduras, arranged a number of fun and informative financial eduation activities to take place during the week. Children and youth had the chance to take part in the following:

Elaboration of Money boxes: Money boxes will be produced prior to initiating activities to minimize time.

Paint drawing of Ficohsa Money Box: children will paint a representative drawing of the Ficohsa Money Box site

Account opening: children will go to a “customer service” stand to open an account, which is simulated and a record of each child doing the activity will be kept, they will be given an amount of notes to make the deposited later in the service window and a savings account and a debit card will be given to them.

Over the counter deposits: once the children open their account (simulated) the children will go to the service point to do their first deposit, one will do the deposit and other child will be the cashier, a volunteer will be assisting them in the operation, a deposit certificate will be issued filling the fields that are required and they will put a seal (the children can take the certificate with them) (2 minutes)

ATM: children will go to the ATM (simulation) and they will use a debit card that was given to them at the beginning, the children will leave the card and the volunteer will be a chocolate in return.

Stamps: a seal will be given to the children once they have completed the entire tour to finish the activity.

Costume stand: the children will go through a booth where they will find different accessories to dress up and share a fun and pleasant moment with their peers, at the same time they will learn by placing signs with messages related to financial education.

“I save for…” messaging: A canvas will be placed with figures related to savings and the opening phrase “I save for…” in order for children to state the reasons for which they save or what they want to gain with their savings, so it is used as a guide for them to set a goal for the medium and long term.

GMW 2017 was definitely a very full week this year in Honduras!


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.

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