Honduras

2019 Honduras Global Money Week

LEADING ORGANISATIONS:

  • FICOHSA
  • Junior Achievement Honduras

PARTICIPATING ORGANISATIONS:

  • 3 Media Organisations, CEB Juan Ramón Molina, CEB Monseñor Jacobo Cácere, CEB República de Guatemala, Citi Foundation, Comisión Nacional de Banca y Seguros (CNBS)

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 730

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 72 509

Junior Achievement Honduras
Throughout Global Money Week 2019, Junior Achievement Honduras and the National Commission of Banks and Insurances organised a workshop for female entrepreneurs, sponsored by Citi Foundation. The workshop covered topics such as the foundations of the economy, administration and accounting, making decisions in different areas of business, marketing, and strengthening one's business.

FICOHSA
During the Week, Ficohsa hosted a workshop, where they trained and educated more than 700 children and youth aged 12 to 17, on subjects such as savings, personal finances, and household savings. The youth participated in different activities, where they could test their knowledge and abilities through educational games, such a building a Jenga tower, to simulate the act of balancing a household budget. The Financial Education version of the “100 Hondureños Dijeron” (100 Hondurans Said) game was played, where teams had to guess the most common responses to financial related question asked to 100 Hondurans. The goal of this game was to inform children of the perception and knowledge people had on this topic. The activity was followed by a lesson, where the children were taught key concepts of money management. The goal of Ficosha’s activities was to promote financial education amongst children, youth, and schools in general around Honduras, to foster good habits towards finances and savings from a young age.


2018 Honduras Global Money Week

LEADING ORGANISATIONS:

  • Grupo Financiero FICOHSA

PARTICIPATING ORGANISATIONS:

  • Escuela Esteban Mendoza
  • Escuela República de Honduras
  • Escuela República de Paraguay

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 751

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 2 300

Grupo Financiero FICOHSA
As a part of a Corporate Social Responsibility initiative, Banco Ficohsa participated for the third consecutive year in Global Money Week. As part of the commitment to teach financial education for children, Banco Ficobsa organised differently themed days, all related to savings. The children participated in a Financial Competencies Circuit, where they were able to show off their different abilities and knowledge on financial education through different resources that were given to them, to measure the children’s knowledge in these matters. At the end of the circuit, ideas were discussed to create good money saving habits. The Ficohsa Financial Group continued their work promoting financial education, with children from the Francisco Morazán public schools, who are in disadvantaged neighborhoods. The aim was to develop good savings and financial habits from an early age. 28 volunteers from FICOHSA led this activity to bring the joy of learning to all the children. The “Financial Competency Circuit” initiative was part of the activities included in the Sustainable Financial Education Programme created by the FICOHSA Financial Group. The Circuit is focused on educating the Honduran population, in order for them to achieve financial health and a better quality of life, much like Aflatot and Aflatoun. Personal finance seminars for the young adult population are also organised, focusing on the younger population, as they will define the future of our country.


2017 Honduras Global Money Week

LEADING ORGANISATIONS:

PARTICIPATING ORGANISATIONS:

  • Escuela Policarpo Paz-, Escuela Oscar Andrés Rodríguez, Escuela Roberto Suazo Córdoba

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 288

NUMBER OF CHILDREN REACHED INDIRECTLY:

  • 296

As part of the commitment to education, a weekly workshop was held in which nearly 300 children were trained on saving topics. The children had the opportunity to do a tour through the “Ficohsa Financial Circuit”.

The "Ficohsa Financial Circuit" is one of the initiatives of the programme that Grupo Financiero Ficohsa is carrying out focusing on educating the Honduran population, in order to achieve a healthy financial well-being and to improve their quality of life. Part of this financial education programme, through Aflatot and Aflatoun, includes personal finance talks to young and adult people. Ficohsa focuses on and believes that financial education programs need to start from early age, as children are the future of the country.

Visiting the many stands, children could learn in a fun way about the importance of saving. Together with the tour, children managed their own piggy banks, in order to cultivate in them lessons that will be useful both in the short and long term, and to recognize the importance of the difference between a necessity versus a luxury.

Grupo Financiero Ficohsa continues its work to promote financial education, working with first and seconda grade children from public schools of Francisco Morazán from disadvantaged areas durng the GMW, and seeks to promote good financial habits and savings at an early age. Ficohsa counted on the participation of 33 Ficohsa volunteers who brought joy and knowledge to all the children, who were between 5 and 8 years old. Ficosha also gained the support of the teachers of the schools where they were present during the whole day of work.


2016 Honduras Global Money Week

LEADING ORGANISATIONS:

  • Grupo Financiero Fochsa

DATE OF THE EVENT:

  • 14th - 18th of March

TOTAL NUMBER OF CHILDREN AND 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 THE 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 organised a visit to the headquarters of Banco Atlántico for the children and youth where they learnt about the daily operations of the financial institution.


2014 Honduras Money Week

PARTICIPANTS:

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 organisations 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 organisations 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 ORGANISING 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.