More than 300 youth and women managers of small scale enterprises (SSEs) have been equipped with knowledge and skills on financial literacy to boost the growth of their venture.
They were trained in basic accounting, bookkeeping, budgeting, savings, and investment, and the use of basic financial tools to address essential everyday money decisions.
The one-day training workshop was put together by Ecobank Ghana in collaboration with the UPSA Faculty of Accounting and Finance (FAF).
The event formed part of activities to mark the annual ‘Ecobank Day,’ a flagship Corporate Social Responsibility programme aimed at giving back to the communities in which the bank operates, by focusing on and promoting financial inclusion and financial literacy amongst women and youth in marginalised communities.
The celebration took place in four cities across the country: Accra, Kumasi, Takoradi and Tamale, with the faculty providing lecturers as Facilitators for each city.
“We recognise that financial literacy and financial inclusion are life-changing matters, and that is why we treat them very seriously,” Mr Dan Sackey, Managing Director of Ecobank Ghana, said at the Accra event.
“We are determined to help raise financial literacy, which in turn will drive financial inclusion in our local communities.”
Dean of the FAF, Prof Raymond Dziwornu, thanked the Management of Ecobank Ghana for partnering with the Faculty of Accounting and Finance to build the financial capacities of underprivileged women and the youth to help achieve financial inclusion.
“As a faculty, we strive to impact our immediate communities through community action initiatives that are geared towards enhancing the lives of community members,” Prof. Dziwornu said.
“We do this by recognizing social needs and applying our strengths and knowledge to address these needs within the community.”
Prof Dziwornu was confident the training programme would go a long way to improve small scale businesses and general welfare while empowering the business owners to achieve financial independence.
This year’s Ecobank Day celebration was on the theme “Financial Inclusion for All, Leave No One Behind.”