Financial Education TOT Ganja

Financial Education TOT Ganja

EU funded “Building female professionals and promoting women entrepreneurship development in rural regions of Azerbaijan” project

“Plan Your Future” Training of Trainers

Under the EU funded “Building female professionals and promoting women entrepreneurship development in rural regions of Azerbaijan” project implemented by AMFA in cooperation with MFC first Training of Trainers (ToT) “Plan Your Future” was conducted in 3 – 7 March, 2014 in Ganja city. The representatives of Ganja Regional Association, AMFA and MFIs were trained in delivering “Plan your Future” educational tool, who will be providing such training to local women in Shemkir, Bilasuvar, Zagatala and Goychay. The training was delivered by MFC expert – Ewa Bankowska. In total 27 local trainers participated in ToT.

The “Plan Your Future” Module aims to improve the financial capability and practices of low-income households in order to change people’s negative attitudes toward long-term financial planning. It also helps to acquire basic skills in financial education, like cash flow management vis-á-vis financial goals, managing financial emergencies, building a financial plan and smart borrowing. It also helps to increase their confidence in financial market and, as a result, may lead them to start using services provided by banks.

The module contains following learning sessions:

  •          Current cash flow vis-á-vis financial goals
  •          Money saving methods and capacities
  •          Emergency expenses and funds related to them.
  •          Saving tools
  •          Smart borrowing
  •          Building a financial plan