The inspiration about social and financial literacy among teenagers arose from the observation that most of the the sponsored students were entrepreneurial in a small way. We realized that the teenagers were able to understand their self worth, rights and to manage their resources. We capitalised on this to introduce financial concepts of budgeting and purchasing, saving of both monetary and non monetary items during our Kidstar mentorship programs. The learners were expected to analyse their environments and come up with business ideas which can be implemented. A little capital is provided to the learners to actualize their ideas.
Through our partnership with Aflatoun International, the learners have started up small Aflatoun Clubs in their schools and have income generating activities. This ensures that the learners not only get academic competence but also financial skills to enable them make informed financial decisions.
The Aflatoun clubs have played a pivotal role in enhancing social responsibility among the learners especially those from poor backgrounds. From their little savings, the clubs stand in the gap for the needy student.
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