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2019 Yemen Global Money Week

LEADING ORGANISATIONS:

  • Al-Amal Microfinance Bank
  • Yemen foundation for Sustainable Development, Entrepreneurship Support & Business Development

PARTICIPATING ORGANISATIONS:

  • 15 Private-owned Stores, 3 Training Centers, 43 Schools and Universities, 5 Media Organisations, Al-Amal Bank, Association of Yemeni Exchange Companies, Central Bank of Yemen, Cooperative and Agricultural Credit Bank, Deposit Guarantee Corporation, Hemmat Shabab Foundation, Ministry of Education, Reyadah Foundation, The Association of Yemeni Banks, Yemen Commercial Bank, Yemen Exchangers Association, Yemen Kuwait Bank, Yemen MF (Yemen Microfinance), Yemen Microfinance Network

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 12 639

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 912 267

Yemen foundation for Sustainable Development, Entrepreneurship Support & Business Development
For Global Money Week, the Yfoundation, along with its partners, organised a multitude of activities. Multiple contests were held. The first was a Bank and Financial Institution contest, where financial institutions were asked to design child and youth friendly saving products, design feasible loan products, and design mobile phone applications. Another contest was the Youth Initiative Contest, intended to promote a financial culture among school children. Furthermore, the Financial Literacy Illustration Contest was organised, to encourage painters and talented individuals to take part in GMW activities by producing financial literacy-centered illustrations. Topics in this creative competition included “differences between savers and non-savers”, “expenditure rationing”, and “financing”. Finally, the Yfoundation participated in all 24 days of the GMW Countdown Challenge. Other activities included field activities, where school children were invited to visit banks and other financial institutions. During these visits, parents were encouraged to open saving accounts for their children, free of charge. For elementary grade children a money-box savings contest was held and other activities to promote an interest in financial education. In cooperation with Volunteer Touches and For You, the Yfoundation raised university students’ awareness about the importance of saving and introduced them to Global Money Week. The Yemen American Language Institute held an awareness-raising activity, which involved a lecture on GMW2019, an illustration contest, education on saving, and a theater performance that highlighted the importance of savings regarding emergencies, disasters and other unforeseeable circumstances. Throughout the Week, online content was available, which provided information of saving, consumption, and household budgeting. Additionally, pamphlets were distributed, and pictures and videos were shared online. Finally, a radio programme was broadcasted, which offered speeches on the importance of saving, thrift, and bank accounts. At the end of the Week, Yfoundation awarded participating banks, educational institutions, and youth initiatives by recognition of their active participation in the GMW2019 Campaign in Yemen. Among the awardees were Yemen & Kuwait Bank for Trade and Investment, Cooperative Agricultural Credit Bank (CAC Bank), Al-Amal Microfinance Bank, Al-Kuraimi Microfinance Bank and Tadhamon Microfinance Bank, Yemen Microfinance Network and Yemen Banking Association. Educational institutions which were awarded included Yali-Yemen America Language Institute, Manchester Modern Center for Training & qualifying International Business Driving License, Rayman School and Technical Science School. Three youth initiatives were awarded in the GMW Contest 2019, namely the “Ana Mawgod” Initiative, “Sameh” Initiative and “Be Smile” Initiative.

Al-Amal Microfinance Bank
During Global Money Week 2019, Al Amal Microfinance Bank and its partners organised various activities aiming to raise the awareness and financial inclusion. The Bank offered sessions regarding direct and indirect financial literacy and nearly half a million Yemenis benefited from this campaign. The Bank enhanced the financial integration of more than 1,300 young people through saving products, especially mobile banking product (PYES). These activities were focused both in urban and rural areas. During GMW2019, the Bank invited 55 academic personnel, bankers, and financial trainers nationwide. Al Amal Bank and its partners planned and executed various activities of financial awareness to ensure the engagement of the largest possible segment of urban and rural communities. These activities included making videos, which were reviewed by financial experts and bankers, focusing on Saving, Personal balance, Regular Banking Services, Mobile Banking Service, Debt management, and Financial Negotiation. These videos were viewed by over 16,000 viewers on social media. There were seminars, workshops and field visits by academic personnel, bankers and financial trainers. There were 3 audiovisual broadcasts covering most of Yemen governorates including messages in Saving, Personal Balance, Banking Services, Mobile Banking, Debt Management, and Financial Negotiation. During GMW 2019, awareness was also raised through short financial literacy quotes by academic personnel, bankers, and financial trainers.


2018 Yemen Global Money Week

LEADING ORGANISATIONS:

  • For All Foundation (FAF)

PARTICIPATING ORGANISATIONS:

  • For Media
  • Share

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 965

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 2 277

For All Foundation (FAF)
During Global Money Week 2018, For All Foundation targeted three schools in Yemen and reached 438 boys and 527 girls. The programme included many activities aimed at promoting financial culture in Yemen, encouraging children and young people to practice saving as a positive lifestyle habit. In addition to a cultural awareness session, children also had the opportunity to watch financially themed puppet shows, hear success stories and attend drawing workshops. Global Money Week is an annual financial awareness event held in March. Events and activities are organised by schools, universities, government agencies, financial institutions and members of civil society for children and youth around the world. The event in Yemen was attended by many civil and governmental sectors. In a press statement, Sabah Badri, Executive Director of the Foundation, said that this event highlights the importance of promoting the culture of money and saving among youth. Each year, the Foundation celebrate GWM with a range of activities that encourage the culture of money and saving among young people.


2017 Yemen Global Money Week

LEADING ORGANISATION:

  • For All Foundation

PARTICIPATING ORGANISATIONS:

  • CIVIC CENTER (For ADVOCACY & SUPPORT)
  • FOR MEDIA

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 1 000

Throughout the Global Money Week 2017, “For All Foundation”, along with its partners, reached 1000 children, youth and adults through financial literacy awareness sessions. Moreover, FAF produced an illustrated leaflet on savings for children as well as two videos about savings. Apart from that, a mobile puppets’ theatre, offering a range of performances on savings and dealing with money was set up. Last but not least, an open-day for children and youth was held to observe how they progressed and comprehended the idea of savings.


2016 Yemen Global Money Week

LEADING ORGANISATIONS:

  • Central Bank of Yemen
  • The Higher Council for Motherhood and Childhood
  • Yemeni Banking Association
  • For All Foundation

PARTICIPATING ORGANISATIONS:

  • SABA ISLAMIC BANK
  • INTERNATIONAL BANK OF YEMEN 
  • Al-AMAL MICROFINANCE BANK 
  • ALKURAIMI MICROFINANCE BANK
  • Ministry of Education Office IN SANAA
  • Aflatoun

DATE OF THE EVENT:

  • 14th - 20th of March

TOTAL NUMBER OF CHILDREN AND YOUTH ENGAGED:

  • 101 000

TOTAL INDIRECT REACHED:

  • 1 120 000

This year, the Central bank of Yemen, in cooperation with Ministry of Education and the Higher Council of Motherhood and Childhood, launched the GMW 2016 celebrations by inviting the financial institutions in the country and other related organisations to attend and participate in Global Money Week. In his welcome address, the sub-governor of the Central Bank focused on the importance of financial education for youth and the significance of its role in increasing financial access in Yemen. He also highlighted that the financial institutions in Yemen, including the micro-finance institutions, will benefit from Global Money Week initiatives as the banks receive an opportunity to build long-term relationship with their customers. In his speech, the CEO of Al-Amal Bank showcased the outstanding work that Al-Amal Bank has done to spread financial education in the society and the benefits of the programs conducted in many Yemeni cities.

Participating banks visited universities during the Week to teach students about the importance of financial literacy and how to start developing a relationship with banks by opening saving accounts. The teams were supervised by two representatives of the Central Bank. In addition, banks also visited many primary and secondary schools in other cities such as Ibb, Taiz, Aden and Haja. Attention was focused on children and youth in schools nationwide to empower them by enhancing their financial knowledge. Other financial institutions, in cooperation with the Central Bank and the Office of Education in Sana’a, also organised visits to schools and universities in Sana’a during to conduct several activities. The most important event was the schools’ broadcast and radio shows in Arwa School for Girls, wherein all participating banks attended one or more activities and gave speeches to the students about financial services and the importance of financial education.


2015 Yemen Global Money Week

PARTICIPANTS:

  • Central Bank of Yementhe Higher Council for Motherhood and Childhood
  • Ministry of EducationThe Future University
  • For All Foundation
  • AflatounIbb SchoolTaiz School
  • Technology and Sciences school
  • Aden and Haja School
  • Sana'a University
  • Al-Amal Bank
  • National Bank Of Yemen
  • Yemen Kuwait Bank For Trade and Investment
  • Saba Islamic Bank
  • Alkuraimi Islamic Microfinance Bank
  • Yemen Commercial Bank
  • Shamil Bank of Yemen and Bahrain
  • Tadhamon International Islamic Bank

DATE OF THE EVENT:

  • 9th - 17th of March

NUMBER OF CHILDREN REACHED:

  • 4 154

Global Money Week 2015 celebrations in Yemen focused on providing an opportunity to youth to learn about creating their own livelihoods and inculcating sound financial knowledge and fiscal planning skills.

The Central bank of Yemen in cooperation with Ministry of Education, Higher Council of Motherhood and Childhood launched the celebrations by inviting the financial institutions in the country and other related organisations to attend and participate in the activities. In his welcome address, the sub-governor of the Central Bank focused on the importance of financial education for youth and how its role is significant in increasing the financial access in Yemen. He also highlighted that the financial institutions in Yemen including the micro-finance institutions will benefit from the Global Money Week initiatives as the banks get an opportunity to build long-term relationship with their customers. The CEO of Al-Amal Bank in his speech showcased the outstanding work that Al-Amal Bank has done in spreading financial education in the society and the benefits of the programs conducted in many Yemeni cities.

During the celebrations, a short movie was shown to explain the importance of saving in our life especially since childhood. The story was about a Yemeni child who dreams of owning a laptop. The child saved money that his father and brothers gave him for many months. And finally the child succeeded in collecting the required amount to buy the laptop and achieve his dream. There were many activities such as competitions and plays that explained basic financial and banking terminologies and how to open bank accounts.

Participating banks visited universities and taught students about the importance of financial literacy and how to start developing a relationship with banks by opening saving accounts. The teams were supervised by two representatives of the Central Bank. In addition, banks also visited many primary and secondary schools in other cities such as Ibb, Taiz, Aden and Haja. The day focused attention on children and youth in schools nationwide and to empower them by enhancing their financial knowledge. Other financial institutions, in cooperation with the Central Bank and the Office of Education in Sana’a, also organised visits to schools and universities in Sana’a during which they conducted a lot of activities. The most important event was the schools’ broadcast and radio shows in Arwa School for Girls wherein all participating banks attended in one or more activities. They gave speeches to the students about the financial services and the importance of financial education.

Civil society was also present during Global Money Week in Yemen through the participation of For All Foundation during Aflatoun Day. For All Foundation organised visits to one of the public schools in Aden where experts spoke with the students during the assembly about the importance of saving and how it is important for a bright future. The team focused on certain groups of, 4th graders. The session focused on saving through activities such as role plays, songs and Q&A sessions. An impressive number of people participated in these activities. The team distributed yellow badges to all the students supporting saving ideas.

2014 Yemen Global Money Week
Participants:the Higher Council for Motherhood and ChildhoodCAC BankDate of the event:17th - 21st of MarchNumber of children reached:15 000
Yemen celebrated Global Money Week with a wide variety of fun activities. The CAC Bank invited young school students to tour their branches to learn about banking. National radio and television stations broadcasted information about Global Money Week and the importance of starting to save from a young age, and the Ministry of Education collaborated with the school-based network of radio stations to broadcast a financial awareness lecture in various schools.

Financial education and inclusion awareness lectures were given to around 10 000-15 000 students at schools, while a fun participatory financial learning session was held in an outdoor cultural theatre for 30 children and young adults. Both lectures took place in Sanaa.

Global Money Week articles were published in 3 national newspapers, with 90000 copies distributed throughout Yemen. A special issue was written for the journal of the Educated Young in Yemen. The number of copies distributed exceeded 15000 copies. SMS messages were sent out by national telecommunication companies in order to spread awareness about banking culture and tips on how to save messages.

The Tabour Alsabah programme and a host of voluntary organisations used their pre-established networks in banks and the national media to publicize a promotional campaign in order to reach as many children and youth as possible with financial education and financial inclusion information.

Learn more:

www.youtube.com
www.sahafah.net
www.alsaeedah-tv.com


2013 Yemen Global Money Week

NAME OF THE ORGANISING ENTITY:

  • Youth Leadership Development Foundation

DATE OF THE EVENT:

  • 15th - 21st of March

NUMBER OF CHILDREN REACHED:

  • 55

Global Money Week in Yemen was celebrated with a numerous visits to diverse financial institutions, where students had the opportunity to learn about financial policies in Yemen, also gain livelihood skills.

Among the visited by students financial institutions were the Central Bank of Yemen, Yemen Int’l Bank, Arab Bank and the Yemen Microfinance Unit.