Financial literacy helps improve girls’ lives

According to Plan International Philippines, teaching financial literacy to girls and young women is not only about providing financial tips, but is also about preparing them to make informed and effective decisions on finances.  

The partnership between Plan International Philippines and Visa aims to enhance the Filipino youth’s basic financial literacy skills. | Photographs courtesy of unsplash/masjid pogung dalangan and unsplash/annie spratt

Non-government organization Plan International Philippines is partnering with Visa in promoting financial literacy among youth, especially girls.

The partnership, formalized in time for the Women’s Month, aims to enhance the Filipino youth’s basic financial literacy skills such as building healthy money mindset.

Using PIP’s Hope Town Hero app, Visa’s integrated financial education modules targets 5,000 users from Bangsamoro Autonomous Region in Muslim Mindanao, Tacloban, Cotabato, and Metro Manila. It will be implemented alongside other Youth Economic Empowerment and Disaster Reduction and Management programs.

“Our partnership with Plan International will impact the lives of thousands of young people by providing them with education and skills that will enable them to become financially independent adults who contribute meaningfully to their families and communities and is just one way we are delivering on our purpose to uplift everyone, everywhere by being the best way to pay and be paid,” Patsian Low, vice president of Inclusive Impact and Sustainability at Visa, said in a statement.

According to PIP, teaching financial literacy to girls and young women is not only about providing financial tips, but is also about preparing them to make informed and effective decisions on finances.

“With these tools in hand, they can recognize and grab the opportunities that can push their potential and improve their quality of life. We believe that our partnership with Visa will support our commitment to reduce inequalities and promote social and financial stability among the youth,” Ana Maria Locsin, country director of Plan International Philippines, said.


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