Impact
Financial Literacy Educational Project - Children's Book Manila
Problem Statement: As of July 2023, the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) published a study finding that only 1% of Filipino adults were able to correctly answer questions on financial literacy. A global study found that the Philippines ranks in the bottom 30 of 144 countries surveyed for financial literacy.
Target Group: School-age kids, ~10 years old
Proposed Solution: To instill the foundations of financial literacy through a book, originally created by the Lisbon hub, and learning sessions with students and teachers. Involving local organizations will also go towards developing a financially literate local community.
Hub Activities:
- Translation and printing of the financial literacy children's book
- Identification of target group - finalization with two 4th grade classes in Pasay City, Metro Manila
- Learning sessions with teachers and students
- Pre- and post-testing of participants
Goal: Improve foundations of financial literacy
Metrics:
- Attendees
- Pre- and post-test scores
Collaborators:
- Local schools
- Local student financial associations