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Partnership: Aflatoun and Credit Suisse

Posted in Publications on November 22, 2017

Aukje te Kaat

Education drives economic empowerment and social mobility. Credit Suisse’s Global Education Initiative aims to increase girls’ financial capability and awareness of their social and economic rights, and help girls build better futures for themselves. We also support Teach for All’s Global Girls’ Education Initiative that aims to increase Teach partners’ understanding of the barriers to girls’ education and build their capacity to find solutions. The Global Education Initiative launched in 2008 targeting school-aged children in low-income countries throughout Europe, the Middle East, Africa, Latin America and the Asia- Pacific region. Working together with our partners, the Initiative reached 100,000 students in 38 countries over the first five years. More than 15,000 teachers in over 400 schools were trained in subjects ranging from Science, Technology, Engineering and Math (STEM) and IT to child-friendly teaching methods.

Financial Education for Girls

Based on this success, in 2014 we launched our Signature Program focusing on Financial Education for Girls. By increasing girls’ financial capability and awareness of their social and economic rights, the program aims to help girls in low-income countries build better futures for themselves. Between 2014-17, this program was delivered by our partners, Plan International and Aflatoun International. Nearly 100,000 girls received financial education and life skills education in selected regions of Brazil, China, India and Rwanda.

Meet some of the girls taking part in the program and hear how they are managing their finances:

In 2018, our long-standing partner Room to Read joined the Signature Program to support girls in Tanzania and Sri Lanka.

Program Goals

Aligned with the core business of Credit Suisse and our Financial Inclusion Initiative, the Financial Education for Girls program aims to ensure that; over 100,000 girls receive financial education through life skills programs; girls have increased self-confidence and agency over their future choices; and the agenda for educating girls is supported more strongly by families, communities and authorities at the local and national level.