Global Money Week

2017 Afghanistan Global Money Week

Leading Organizations:
University of Central Asia
SPCE Satellite Learning Centers in Darwaz
Ishkashim
Shugnan and Continuing Education Unit Faizabad,
Continuing Education Center of Aga Khan Education Service – Afghanistan

Participating Organizations:
Aga Khan Foundation Afghanistan
Maiwand Bank Faizabad
Badakhshan University
Teacher Training College of Darwaz, Afghanistan,
Teacher Training College of Ishkashim, Afghanistan,
Teacher Training College of Shugnan, Afghanistan,
High school of of Darwaz, Afghanistan
High school of of Ishkashim, Afghanistan
High school of of Shugnan, Afghanistan
Branches of First Microfinance Bank in Darwaz, Ishkashim, dd>
Shugnan of Afghnaistan
Village Saving Loan Association Nusai, Darwaz

Aga Khan Foundation’s agencies such as Aga Khan Education Service – Afganistan continues to take the lead to bring financial education to youth in remote parts of the country during Global Money Week. During the GMW 2017, Financial literacy awareness sessions will be offered to children, youth and for adults this included sessions for Importance of Money, Money management and Planning of Family Expenses.

Additionally, more than 400 youth and adult participants will visit the financial institutes like Banks and Village Saving Loan Association, established in the remote regions of Afghanistan by AFK Foundation.

Furthermore, Financial Education Games would be provided for 100 participants.


2016 Afghanistan Global Money Week

Leading Organizations:
University of Central Asia (UCA) SPCE Afghanistan

Participating Organizations:
Aga Khan Foundation, Afghanistan
Maiwand Bank
First Micro Finance Bank (FMFB), Darwaz branch
Badakhshan University – Faizabad
Village Saving Loan Association (VSLA)
Teacher Training College – Shugnan
Teacher Training College – Ishkashim
Teacher Training College –Darwaz

Date of the event:
14th - 20th of March

Total number of children & youth engaged: 400
Total indirect reach: 240

Afghanistan celebrated Global Money Week this year for the second time. The GMW 2016 celebration was led again by the School of Professional and Continuing Education (SPCE) Afghanistan, University of Central Asia (UCA) and the Aga Khan Foundation (AKF).

In collaboration with numerous other organisations, several workshops and seminars were hosted for school children and their families on financial education. Topics such as savings and family budgeting were discussed during these lectures. Additionally, there were several visits planned to different financial institutions to ensure first-hand contact with these entities. One of the trips included an excursion to Maiwand Bank, where children and youth had the opportunity to meet the bank manager and the staff, and were able to ask questions and to experience the workings of the bank first hand. Also, a visit to the First Micro Finance Bank of Darwaz was planned, where children and youth learned about the everyday activities of the bank such as how money is being saved and is given to customers.

This edition of Global Money Week in Afghanistan proved to be very effective in familiarizing the young citizens with the basics of financial terms and habits, thus ensuring a more financially empowered generation that will profit from this knowledge for years to come. UCA’s activities during Global Money Week in Afghanistan were supported by the Multi Input Area Development Global Development Alliance (MIAD GDA) in Badakhshan Province of Afghanistan – an alliance between the Aga Khan Foundation and the United States Agency for International Development

“Our visit from Maiwand Bank helps us to see their work up close. When we studied some activities in our Accounting class, it was little bit confusing, but when we went to Maiwand Bank and saw their work and asked questions, we found the answers clearly. These kind of trainings (GMW training for family budget) are very effective for young generations to know how to make and keep save their money. We hope these kind of trainings will be conducted every year in our center so that youth generations find the true way of keeping money safe” Parwiz Kohzad, Afghanistan

2015 Afghanistan Global Money Week

Participating Organizations:
University of Central Asia (UCA)
Aga Khan Development Network (AKDN)
Badakhshan University, Afghanistan
Teacher Training College – Shugnan
Teacher Training College – Ishkashim
Teacher Training College –Darvaz
Date of the event:
9th - 13th of March
Number of participations:
283

For the first time, Global Money Week was celebrated in Afghanistan under the aegis of the University of Central Asia and the Aga Khan Development Network. In cooperation with the Teacher Training College - Shugnan, Teacher Training College - Ishkashin, Teacher Training College - Darvaz, and Badakhshan University, the institutions organized training and workshop sessions to highlight the importance of savings.

During the week, interactive training sessions and workshops on “Savings in your life” were conducted. These events included a mini-lecture, case studies, and role-playing games. The Global Money Week in 2015 outreach programs reached out to four areas in Afghanistan. There were 20 sessions conducted in Ishkashim, 23 in Darwaz, 30 in Faizabad, and 59 in Shugnan. A total of 283 children underwent training on "Savings".

In addition, trainings sessions on “Personal Budget” were also conducted reaching out to 42 children in Ishkashim, 20 in Darwaz, 29 in Faizabad, and 69 in Shugnan. These practical sessions focused on helping children plan their personal budgets. The sessions were supplemented with exercises and discussions.

With this first step in Afghanistan, Child and Youth Finance International together with the University of Central Asia and the Aga Khan Development Network hopes to further build on this and make empowerment of children and youth as economic citizens a realizable goal in Afghanistan.

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