Aflatoun Financial engages children in financial responsibility
Helping break the poverty cycle at an early age
The Aflatoun Financial and Social Education Program is helping children by providing them with a crash course on finances. This course offers training in business and the value of money, and encourages children to save money and start preparing for the future.
Through this program, children ages 8-13 are starting enterprises in 81 countries. Children learn by doing, with structured lessons that include games, art and theater. The overall purpose is to equip them to break the cycle of poverty, boost their confidence and be socially responsible citizens.
Core elements of the curriculum are:
- Personal understanding and exploration.
- Rights and responsibilities.
- Saving and spending.
- Planning and budgeting.
- Mock social and financial micro-enterprises.
Since Aflatoun started in 2010, it has reached over 2 million children in 120 countries.
Praxis Mutual Funds® supports organizations such as Aflatoun Financial and Social Education Program through investments in Calvert Impact Capital, an impact-investing institution that helps people around the world through community development financing. It’s part of the Praxis commitment to place approximately 1 percent of each of its funds to benefit neighborhoods and individuals through community development investments.