Awareness on Money Matters

Asasah has recently imparted 60 trainings on financial literacy to around 2400 community members in its 20 urban, semi urban and rural branches. A dedicated team of seven trained trainers on Financial Literacy conducted these trainings during May-June, 2012. This activity was a response to the Nation-wide Financial Literacy Program (FLP) that was launched by Bearing Point in collaboration with the State Bank of Pakistan (SBP) with the support of Asian Development Bank (ADB), wherein Asasah was one among the implementing partners.

The Nationwide Financial Literacy Program has been launched for the poor income category (USD 75-300 income per month) with the aim of creating awareness about money matters; touching upon subjects of budgeting, saving, investment, debt management, introduction and role of financial institutions and consumer protectionism.

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