Is an educational program of balanced social and financial education for children: Social Responsibilities and financial literacy are brought into sphere of formal education
Child Social & Financial Education
Involve two keys courses of learning:
Furthermore, the program provides children access to child friendly savings account through a school-wide savings program, manage by Tagum Cooperative. This is our network’s way in mainstreaming financial literacy to the youth sector.
The Aflatoun concept is comprised of Five Core Elements which help children become positive change makers in their schools and communities:
1. Personal understanding and exploration
2. Rights and Responsibilities
3. Savings and Spending
4. Planning and Budgeting
5. Child Enterprise
Different Aflatoun-related activities initiated by the Coop, School, District or Division are put together in a short but engaging 3-minute video.
Share Capital: P 100.00
Savings Deposit: P 20.00
Membership fee: P 20.00
Total: P 140.00
1.25% Interest rate per annum