Child Friendly Banking in Uganda

Stephen, Managing director at Postbank Uganda, shares his thoughts with us about the Aflatoun programme and Child Friendly Banking: “Postbank Uganda’s mission is to empower its customers in a sustainable manner, therefore the partnership with PEDN [Uganda implementing organization] is in line with our mission since it’s an opportunity to empower children and instill a savings culture through offering them a flexible saving account tailored specifically to meet their needs".

Young Savers of Tagum Coop (NATCCO, Philippines) become millionaires

Young savers’ account of Tagum Cooperative, a member of NATCCO in the Philippines, has grown to a total of P25.6 million as their membership expands to a total of 18,534.

Aflatoun currently draws 2,167 savers from the pilot schools but Bayocot said Aflatoun savers would grow fast as Tagum Cooperative plans to spread its coverage next year, requiring each branch to adopt one to three schools in its location.

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Aflatoun

Aflatoun


 

 

Aflatoun provides children with the building blocks of life, encouraging them to save their resources and start social and financial microenterprises. Through Social & Financial Education, children are empowered to make a positive change in their lives and in their communities and may eventually break the cycle of poverty.


Today, Aflatoun and its partners are helping children learn about their rights, save and start enterprises in 80 countries. The map below indicated the countries in which Aflatoun is present.

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