Ms. Villaflor, a Grade III teacher from Cordova Central School in the Philippines says “I find deep joy in being able to help my students become aware that their centavo saved everyday goes a long way. They [Children] have learned the value of savings and thrift, and they take responsibility in doing their small part in helping to break the cycle of poverty. The children realize that even with the meager resources that they have, they can still find ways to save. The parents are also happy to see that little by little every week, the children’s passbooks show the growth of their own money.”

On October 13th Aflatoun Secretariat staff took part in a meeting in the House of Lords. The purpose of the meeting, which was chaired by Baroness Valerie Howarth, was to establish an Advisory Committee that would help spread Child Social and Financial Education across the UK. A presentation was given by representatives of Hampshire Children's Services at Hampshire County Council which is currently implementing the Aflatoun program in six schools. Also attending were representatives of government financial services and education departments from Wales, Scotland and Northern Ireland. An Advisory Committee was set up and will be meeting in the near future.

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