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On Monday, May 17, 2021

In a pioneering and unprecedented experience, Al Tadamun Microfinance Foundation integrated a training program for a group of its clients and employees titled “Financial Education – Rational Dealing with Money”, as a non-financial service provided by Al Tadamun for its clients. The program is under the direct sponsorship of Al Tadamun’s CEO, Reham Farouk and under the supervision of the International Labor Organization, (ILO).

The aim of the program is to:

– Empower individuals to make informed decisions on financial matters
– Promote behaviors that lead to more savings and more informed and productive spending and borrowing
– Promote equality between men and women, and enhance the role of women in the decision-making process regarding money management

By the end of the four-day workshop, trainees will be able to:

– Make informed decisions about life goals and financial outcomes
– Set goals for the short, medium and long terms
– Develop their ability to save by using a financial plan (Budgeting)
– Use financial products and services with confidence
– Develop risk management strategies