Financial awareness refers to a set of skills and knowledge which enables people to make informed decisions concerning their household and business finances. This includes understanding of
- Different financial institutions and their roles
- Key finanical concepts like interest rate, risk and return
- Need of financial services for different lifecycle events and business requirements
- Financial instruments, costs, assocaited risks and their suitability
- Savings
- Loan
- Insurance
- Remittance
- Pension
Financially aware persons, households and businesses will be able to
- Plan their incomes, expenses, borrowings and investments
- Compare and choose from available financial products and services for their needs
- Respond appropriately to changing risk profiles and needs
Our services include
- Financial awareness needs assessment
- Design of financial awareness interventions
- Financial awareness trainings
- Impact assessment