20 women undergo financial literacy training

TWENTY women out of 35 micro loans beneficiaries in Solwezi are being trained in financial literacy programmes, the Charity Centre for Children and Youth Development has revealed.

Youth Development executive director Alex Bwaluka said the training of women was aimed at reducing poverty at household level.

He said training women to be financially literate would reduce not only poverty at household level but also at community level.

Mr Bwaluka said the training was to ensure that women were able to account and use the money they have wisely.

“We know that women care not only for their families but for the community at large where they help the vulnerable in society,” he said.

Mr Bwaluka said training women to be financially responsible and in their communities would uplift a lot of communities.

He said women empowerment was a form of empowering the community as women would ensure that their children were also imparted with skills.

“Women can greatly contribute to the growth of the economy if empowered with the right tools hence the need to empower them with financial literacy” Mr Bwaluka said. He said his organisation had since February 2015 been supporting women in micro entrepreneurship and provision of soft loans.

“The soft loans given to the women are for them to grow their businesses and provide an income for their families”, he said.

Mr Bwaluka said Government needed to work with stakeholders in empowering women.

He said there were various stakeholders willing to work with Government to empower various sections of society including women and the youths.

“Stakeholders can help supplement the great efforts that Government is making to ensure that people at the grassroots level benefit from empowerment,” Mr Bwaluka said.

He said empowering women and youths would reduce poverty levels and encourage entrepreneurship in order to reduce the employment burden.


Categorized | Business

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