Global Money Week

2017 Yemen Global Money Week

Leading Organizations:
For All Foundation

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

Participating Organizations:
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 & youth engaged: 101 000
Total indirect reach: 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 organizations 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 organized 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.

Yemen

2015 Yemen Global Money Week

Participants:
Central Bank of Yemen
the Higher Council for Motherhood and Childhood
Ministry of Education
The Future University
For All Foundation
Aflatoun
Ibb School
Taiz School
Technology and Sciences school
Aden and Haja School
Sana'a University
Banks Participants:
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 organizations 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 organized 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 organized 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 Childhood
CAC Bank
Date of the event:
17th - 21st of March
Number 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 program and a host of voluntary organizations 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 organizing 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.

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