Global Money Week

2017 Ghana Global Money Week

Leading Organizations:
AIESEC Ghana
PITS
Young Investor Network

Participating Organizations:
CalBank, Access Bank Ghana, Fidelity Bank, SGL, The Royal Bank, Capital Bank, GN Bank/SaveSmart, Talent Microfinance Service Ltd, Prudential Bank, UNIBANK, Ghana Stock Exchange, Central University, Foundation For Financial Inclusion, Union Capital, Methodist University College, Ghana Education Service, Ghana News Agency
ATL FM, Childcare International School, Cape FM, DANICOM International School, Flowers Gay School, Mary Queen of Peace School, Montessori School, Pere Planque Memorial Preparatory School, University of Cape Coast Business Incubator, Center for Entrepreneurship and Small Enterprise Development, University Primary School, University Junior High School, Young Investor Academy, Gaec Basic Schools (Junior High Schools), Center For Financial Education, Asafan M/A 1, Asafan M/A 2, Ghana Police Basic School, Achimota Preparatory School, Tema Senior High School, Armed Forces Senior High School, Amasaman Senior High School, Accra Technical University, Radio Gold, Echoes Of Royal Daisy, Calvary Convenant Preparatory School

Number of children reached directly: 2703
Number of children reached Indirectly: 1 145 909

Throughout Global Money Week 2017, AIESEC Ghana along with financial institution partners, reached children and youth through numerous of exciting and interesting events, such as visits of banking officials to junior and senior high schools in four regions in Ghana. The financial awareness sessions offered to children and youth in schools included sessions on spending, account creation, earning and saving, money box creation and a savings challenge. Furthermore, high-level discussions, seminars and educational sessions were organized on campuses to engage adults on the theme of the GMW 2017. Young people were given the chance to engage themselves at the GMW exhibition stands on and off campus to learn more about the Learn. Save. Earn. theme. AIESEC Ghana closed the week by holding a financial fair at various university campuses.

Throughout Global Money Week 2017, PITS, a local youth organization, reached Ghanaian children and youth through financial education sessions, competitions and visits to financial institutions. PITS launched GMW at Pedu, a Montessori school, where students participated in a session with the proprietress of the school discussing the importance of savings and money (susu) boxes that help them develop a responsible savings habit. As part of the launch, an essay competition on the topic “the importance of saving” and a drawing competition about the theme of GMW2017 were organized. Throughout the Week, students had the opportunity to save using the GMW money box, which was placed at the forecourt of the school, while also learning about spending, saving money and creating a budget. PITS also promoted the GMW agenda on the radio to create money-awareness and educate the public on the importance of savings. Furthermore, students visited UNIBANK in Cape Coast, where they were introduced to the modus operandi of the bank, as well as services specific to children and youth. They also visited the Business Incubator at the Center for Entrepreneurship and Small Enterprise Development (CESED), at the School of Business of the University of Cape Coast, for an entrepreneurial seminar. The celebrations were marked with a financial fair held at a Montessori school, where the winners of the essay and drawing competitions were awarded, and the GMW Money Box was opened to show how small sums of money could amount to a lot within a few days of consistent saving.

Additionally, Young Investors’ Network (YIN) began celebrating GMW 2017 through a pre-GMW event - a Train the Trainer program that focused on training selected student volunteers from three universities who would serve as peer educators and mentors to the junior high and senior high school students. The training program started on 27 March with the Presbyterian Junior High School, and continued with various other schools during the Week. On 29 March, an educational tour to financial institutions was organized for junior high school students to expose participants to the operation of the banks. On 30 March, GMW was celebrated with additional junior high schools in the Greater Accra, after which some students were selected to participate in a Quiz Competition. YIN closed the Week with a summit and an awards ceremony on 31 March, involving all stakeholders in the financial industry to discuss the business case for child and youth friendly savings accounts. On 1 April, the summit targeted college students and provided a platform for youth to discuss personal financial education.


2016 Ghana Money Week

Lead Organization:
Microfinance and Small Loans Center (MASLOC)
Participants:
Camfed Ghana, AIESEC Ghana, Ihope, Oak Foundation, HFC Bank, Fidelity Bank and Greepec Consult Hope
Date of the event:
14th - 20th of March
Total number of children & youth engaged: 1 550

The Microfinance and Small Loan Center (MASLOC), a microfinance unit under the Office of the Ghanaian president, will lead the Global Money Week campaign in Ghana. The unit, which is an apex body responsible for implementing the Government of Ghana's microfinance programs aimed at reducing poverty and creating jobs and wealth, will plan to carry out a financial literacy workshop during the Week. In addition to the activities that will be organized by MASLOC, NGOs and youth development organizations such as Ihope, Oak Foundation, Camfed Ghana and Greepec Consult are expected to observe the Week. Activities planned by these organizations will include financial literacy and entrepreneurship radio campaigns, quizzes, visits to financial institutions and corporate bodies, as well as the launch of a piggy bank project.

 

2015 Ghana Money Week

Participants:
Camfed, AIESEC Ghana
Date of the event:
9th - 17th of March
Number of children reached:
500

Camfed Ghana and AIESEC in Ghana led the Global Money Week 2015 campaign in Ghana. During Global Money Week, CAMA’s (Camfed’s alumnae association) core trainers and peer educators in financial literacy appeared on radio shows across the Northern region, talking about the benefits of financial literacy. In Tamale, young women collaborated with bank officials to undertake a financial literacy campaign. CAMA’s peer educators also delivered their financial literacy sessions in rural schools, talking about earning money, saving, budgeting and banking.

AIESEC Ghana marked the week at the Kids Paradise School in Kwabenya, where it organized financial literacy training sessions for students.

 

2014 Ghana Money Week

Participants:
HFC Bank Save the Children Ghana Head of State Award Scheme Camfed Ghana
Date of the event:
12th - 15th of March
Number of children reached:
2 760
Press:
camfed.org www.modernghana.com

Global Money Week in Ghana was celebrated with an array of different events organized by various financial and social organizations. The HFC Bank in collaboration with Save the Children Ghana and Head of State Award Scheme invited approximately 260 students from public high schools to visit HFC bank branches in Takoradi, Kumasi, Labone, Nkoranza, Koforidua and Accra throughout the week for a bank open house day. The visits included a special tour of the bank branches and a ‘question and answer’ session about savings The top 3 savers per frequency from each selected school were given an award during the school's morning assembly before the visit to the bank.

AIESEC Ghana, an internationally known youth-led non-profit organization which provides leadership training and internships for the youth, visited the Adenta Community School and North Legon School Complex to give a talk on savings to about 500 primary and junior high school students with the help of Unibank.

In the spirit of GMW, members of the Camfed network presented a financial literacy radio program on Zaa Radio. The program is estimated to have had a reach of over one million people. They discussed a variety of topics live on air, including budgeting, how to earn money, savings, and preventing the phenomenon of ‘kayayo’ (young women who leave their communities to become porters in urban centers, which increases their vulnerability to exploitation and abuse), and how financial literacy directly affects women’s rights. It’s a show directed at young women but the radio program has a much wider variety of listeners.

 

2013 Ghana Money Week

Name of organizing entity - The Head of State Award Scheme
Date of the event - 15th - 21st of March
Number of children reached - 10 000

Global Money Week Ghana was marked by a number of financial educational activities aiming to ensure financial education and inclusion of young Ghanaians. More than 8 000 children and youth were involved in the week of celebration with four distinct events: the Youth Save Fair, the “Own Your Account” Exhibition, a Youth Debate and the Financial Advisory open day.

The Youth Save Fair was an interaction platform for students. It educated on financial matters especially on how, when, where and what to save. The fair was held in four selected schools in which students were involved in demonstrations, interviews, entertainments and talks. The “Own Your Account” Exhibition was an interactive exhibition for students, which enabled them to open and their own account and start saving through HFC’s Enidaso. Over 1.000 accounts were opened by the students, a good start to children’s and youth’s savings. A Youth Debate took place on the topic of “Encouraging Banking for Young People Can Be Harmful”. It was held between students of Labone Senior High School and Accra High Schools as they look at the pros and cons of youth saving in Ghanaian cultural perspective. The result occurred maximum awareness among young people.

A Financial Advisory Open Day was hosted by the Boys’ Brigade at churches. With the support from HFC bank, a free financial advisory platform was created to advise and answer issues, financial matters and products.

“I have just realized that owning an account is not just for adults but for everyone who wants to have a secure future. I am going to open one so I can save all my coins for investment after school,” commented a school-aged youth.

“I am going to spend my money wisely from today“ said another.

Name of organizing entity - Camfed Ghana

Camfed Ghana also joined the celebrations of Global Money Week by reaching more than 860 000 listeners through a radio program organized by young women. During the week, young women in Ghana trained 291 young people in their communities by providing financial literacy lessons.