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Hanns-Seidel-Stiftung im Web 2.0

HSF and FLI host financial literacy training

The Training Group
Ms. Kavari Kaveri
Group Work

The Financial Literacy Initiative is a national platform to enhance financial education for individuals as well as small and medium sized enterprises in Namibia. The FLI was initiated by the Ministry of Finance in 2009 with support of the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ). The training that took place from the 18th of April 2016 till the 20th of April 2016 engaged the students from the Cultivating a Culture of Care (CHANGE) on how they can be responsive and critical with their financial competences.

Throughout the training, the students from CHANGE were trained in taking charge of setting up their own financial goals, drawing up budgets and defining their financial status. The training primarily encouraged them to use the knowledge and skills they have acquired during the training, and to explore the existing entrepreneurial opportunities that are available in the corporate industry.

The Training Consultant & Course Facilitator, Ms. Kavari Kaveri provided useful information to the participants on how to save and budget their finances for their personal and business in order to become financially responsible and independent. During the training, Ms. Kaveri also involved the participants in interactive sessions and teamwork.  

At the end of the training, the students expressed their gratitude to HSF as well as to FLI for organising the training and encouraged further cooperation. Most of the participants were happy with the training, because they believed that they have acquired the necessary skills and knowledge which will help them manage and grow their businesses.