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Empower Her: Financial Literacy for Women, Karachi

24-05-2024
Karachi

Empower Her: Financial Literacy for Women

Ms Kiran Fatima, member Women Peace Architect from Karachi, under project SHE-THE Peacebuilder conducted a training workshop on Financial Literacy with a diverse and inclusive group comprising participants from different religions, students, working individuals, both male and female. This training workshop was conducted on May 24th, 2024 at DOS (Daughters of Shelom), Karachi. 

Ms Kiran facilitated the session, guiding participants to a thorough understanding of the concept of financial peace. She familiarized them with the critical elements of personal finance management, including navigating the websites of formal financial institutions and recognizing the significance of possessing a National Identity Card. Ms. Kiran delved into the fundamentals of budgeting, emphasizing the importance of disciplined financial behavior and identifying various money personalities. She also highlighted the necessity of setting clear life goals and comprehending the nature and functions of formal financial institutions. Through her comprehensive approach, participants gained valuable insights into achieving financial stability and making informed financial decisions.

Ms Kiran broke down complex financial concepts into easily understandable terms, which really helped participants grasp the importance of budgeting and financial planning. Participants appreciated how she explained the different money personalities and how they impact their financial decisions. It was eye-opening and very practical.
Several participants also highlighted the value of learning about formal financial institutions and the necessity of a National Identity Card. "Understanding the role of formal financial institutions and how to navigate their websites has made them feel more confident in managing their finances.

Overall, participants found the session to be highly informative and empowering, with many expressing their eagerness to apply the knowledge they had gained to achieve financial peace.