Table of content
- Financial Literacy: Introduction
- Why is financial literacy important?
- What is QNET’s FinGreen Initiative?
- QNET advocates life betterment and micro-entrepreneur development
- FinGreen success stories
- Conclusion
- Related
Financial Literacy: Introduction
The most basic agenda of the work hustle is to be financially free.
Many working adults find themselves stuck in unrewarding jobs or being underpaid from the beginning.
The truth is, anyone can be financially free. It is achievable.
Today, QNET brings their signature financial literacy program, FinGreen.
This financial literacy program was launched in 2021. Since then, we have seen individuals develop healthy financial habits. Individuals around the world and representatives within the QNET circle are empowered to take control of their lives with the help of this program.
Why is financial literacy important?
Honestly, financial literacy doesn’t guarantee financial freedom unless you put in genuine and consistent efforts. Being financially literate is not the end.
Nevertheless, financial knowledge can provide a kick-start for entrepreneurs to start and scale up their businesses, invest in getting educated, manage risks, and manage financial loss.
Moreover, this knowledge is important for the people who are not working and those who are traditionally outcasted from financial services and jobs, particularly women and young people.
Let’s know more about this financial literacy program by QNET.
What is QNET’s FinGreen initiative for financial literacy?
FinGreen is an initiative by QNET and aligns with the United Nations’ Sustainable Development Goals and Addis Ababa Action Agenda. Both these checklists are aimed at providing sufficient skills and training.
QNET plans to promote this program amidst marginalized communities across the globe, especially in emerging economies. QNET believes that this can help reduce poverty and help budding entrepreneurs with this vital knowledge, skills of financial literacy and management. Most importantly, they want to make individuals more confident to thrive in whatever environment they want to thrive in.
Accordingly, FinGreen is made of these three main aspects:
- Assess: Financial inclusion begins with basic financial education. When QNET talks about economic empowerment, it involves collaborations with local experts who further assess “Who?”, “Where?” and “How to?” best implement these training sessions. QNET runs surveys throughout all the FinGreen programs, mainly for two reasons; To determine the program’s effectiveness and address potential issues.
- Train: FinGreen training sessions are spot-on and concise. They are designed in such a way that they will be full of precise knowledge and deliver maximum efficiency. It is important for the young ones, women and economically underprivileged individuals, who may not have the time or resources for more complex and longer courses. Trainers are carefully groomed and selected to meet the program’s expectations and needs.
- Advocate: FinGreen’s goal is financial empowerment, financial literacy, sustainability and transforming the lives of its participants into financially savvy individuals. QNET expects these individuals to guide and uplift others, especially their families and communities. QNET aims to create a broad, long-lasting impact, resulting in more financial inclusion and freedom.
QNET enhancing life and micro-entrepreneurship with financial literacy
For over two decades, QNET’s aim has been to develop and empower micro-entrepreneurs and enhance lives. QNET understands that financial independence starts with financial literacy.
FinGreen helps business owners who are new to their respective fields to achieve financial knowledge. It aims to help women and young persons to make informed financial decisions.
FinGreen’s objective is to increase financial literacy across the globe. So far, FinGreen has been run successfully in Turkey and Nigeria.
Lastly, let us narrate FinGreen’s success story in both of these countries.
FinGreen success stories
| Turkey success story | Nigeria success story |
| – In Turkey, only 54% of women have bank accounts compared with 83% of men. – Adding to that, most women don’t understand the benefits of having access to banking services. – Hence, QNET ran a FinGreen training session in Turkey that focused on reducing the financial gap by training 124 Turkish women from six cities with knowledge of budget management, basic investment skills, managing personal finances, etc. – Also, FinGreen is partnered with the Foundation for The Support of Women’s Work (KEDV). | – Youth unemployment has been a major issue in Nigeria. Thus, QNET’s Fingreen was adopted. – This initiative is in line with the government’s efforts to ensure decent and productive work for young people. – QNET tied up with Financial Literacy for All (FLFA) in Nigeria to hold workshops for as many as 600 young persons. – It aims to help the youth lead a stable and productive life. – Focuses on critical financial management and entrepreneurial skills. |
Conclusion
In a nutshell, FinGreen is one of the newest initiatives by QNET and focuses on financial empowerment.
Moreover, it has been aligned with QNET’s philosophy of RYTHM, “Raise Yourself to Help Mankind”, which is the core vision of the company. It motivates everything QNET and RYTHM do.
Hopefully, FinGreen will contribute to making the world more equal and ensure a better future for individuals, their families and communities.
Related
FinGreen: Seeding Financial Literacy for a Brighter Future
Everything You Need to Know About the QNET FinGreen Initiative
QNET launches FinGreen financial literacy programme
QNET Launches FinGreen Financial Literacy Programme to Empower Women and Youth in Emerging Economies
