Project
Completition
Report
Villagers Development
Organization-VDO
Nationwide Financial Literacy Programm
Period: March 19-May 7th,
2012
Address:
H # 206/A-A, ABL Street Chaki Para Shahdadpur, District Sanghar Sindh-Pakistan
Tel & Fax No. +92 235 843214
Email:vdopk93@hotmail.com
Website: www.vdopak.org
Villagers Development Organization-VDO
Message from CEO
Villagers Development Organization is a nonprofit, non-government, non religious organization
initially started the work on self help basis from a small village of Tehsil Shahdadpur District
Sanghar. Today the organization is working in different areas of Sindh. VDO is trying to develop
organization progress reports or project interim or completion reports on proper time. VDO is
proceeding further with clear Project “Nationwide financial Literacy Program” completion report.
By VDO and it is an important element for growth of the organization. The project final
conclusion document will create close coordination with donors for upcoming time. This
document will also support for the interest for donor and other partner organizations. I believe
that the developing reports are a good process for organization development for close
coordination and this document will be fruitful for the trust building of supporting organization.
The reporting Process a valuable learning experience that leads to trust and new partnership
opportunities. Villagers Development Organization provides financial supports and capacity
building opportunities to low income people to improve socio economic condition. In the context
of NFLP, VDO is promoting awareness among low income communities on financial education.
VDO want to share projects reports or organization report to other stakeholders for organization
growth.
On this opportunity I am thankful to my staff members who gave me support for
compiling this document.
Muhammad Rafique Talpur
Chief Executive Officer
Villagers Development Organization-VDO
List of Abbreviations
CRT
Class Room Training
SBP
State Bank Pakistan
VDO
Villagers Development Organization
UC
Union council
NFLP
Nationwide financial Literacy Program
MC
Micro Credit
BP
Bearing Point
ATM
Automatic Teller machine
HANDS
Health & Nutrition Development Society
SRSP
Sindh Rural support Program
FFO
Farmer Friends Organization
VWO
Village welfare Organization
MF
Micro finance
NFLP
National Financial Literacy Programme
OD
Organization Development
MER
Monitoring and Evaluation Officer
PO
Partner Organization
NFEC
National Financial Educators Council
PCR
Project Completion Report
CBO
Community Based Organization
Villagers Development Organization-VDO
Table of contents
Page#
1. Executive summary
1.1 Budgeting
1.2 Saving
1.3 Investment of Business
1.4 Arrangement of Credit
1.5 Approach of the financial Institutions
1.6 Consumer Rights
1-2
2.
3.
4.
5.
6.
7.
8.
9.
Introduction
Training Facilititators
Rules of the Ground
Scope &Objective
Approach Methodology
Training Schedule
Achievement of Workshops
Detail of sessions
6-7
7
8
8
8-9
9
10
10
9.1 Back up of sessions
10
10. Training Performanance
11. Detail of CRT
12. Monitoring
13. Detail of visits
14. Challenges
15. Way For forward
16. Suggestion
17. Conclusion with future Planning
Villagers Development Organization-VDO
3
4
4
5
5-6
6
11
11-12
12
12-14
15
15-17
18
18
18. Executive Summary
Mostly the poor are disproportionately vulnerable to risk. Whether these risks come in the form
of the death of a family member, severe illness, the loss of an asset such as Agriculture,
livestock, or a natural disaster, these events have a particularly debilitating affect on the poor
who are less able to financially absorb and recover from such shocks. VDO program focus the
micro credit and capacity building community and staff members. VDO signed partnership
agreement with Bearing Point in Nationwide Financial Literacy Program (NFLP) to organize
class room training sessions for low income people. Which have monthly financial income
6,000-20, 000/ rupees. Priority of targets groups are male and female poor, illiterate and low
educated have 18-60 years age. After signing the NFLP project agreement VDO conducted
assessment of the targeted districts and coordinate with local community partners. VDO
selected eight Field Trainers for the project implementation.
Bearing Point organized Training of Trainers of three days at Lahore, Hyderabad, Mardan &
Quetta to promote Skills and knowledge of participants. Bearing Point facilitate three days TOT
training workshop for Sindh partners at Hyderabad. In Bearing Pont TOT training six trainers of
VDO (three male & three female) participated. This VDO team has good experience in
mobilization and trainings VDO trainers were either graduate or post graduate.
For the implementation of class room sessions VDO developed Class Room Training (CRT)
schedule and shared with Bearing Point.
By receiving the printing material for the
Class room training sessions VDO
started sessions from 19th March 2012
and achieved 68 CRT on May 7th 2011.
The project contract agreement was eight
weeks bur VDO completed 68 financial
workshops in six week. Each training
workshop consisted on two days,
sessions conducted for male and female
respectively. Mostly participants were
less educated having low income. The
community members 2040 were provided trainings in sixty eight workshops; thirty four sessions
were organized with low income female group. During 34 session 1220 female were trained
promote their future to plan financial budgeting and to save a penny; besides them they have
aware to know about banking approach.
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Villagers Development Organization-VDO
On first day of every training workshop started with recitation of Holy Quran. After that
facilitators introduced with the participants and participants introduced themselves. Then
Participants were given forms namely Boojo to Jano (pre assessment form) in order to see level
of participants about financial related matters. This exercise was conducted with a group. During
the CRT workshop Participants were taught about Budget, Saving, Investment, arrangement of
credit, debit management, Approach to Financial Institutions and consumer’s rights and
responsibilities.
There was one leading Story of farmer
which made interested the atmosphere
of workshops, when participants were
introduced with Siku and his family.
What are their sources of income? Is
this family happy?
Siku lives in
depression. Fight between Siku and his
wife. Careless family, no budget. These
all things were centre point of the story.
Participants were also guessing all this
from the pictures in story. All
participants were of the view that Siku
and his family is unhappy due to financial crises.
They also shared that this family have several sources of income but they do not know who is
responsible, Siku or his wife.
Participants learned about organized husband and wife namely Saleem and his wife who are
living happily. When participants were informed that income sources of Siku and Saleem is
same, in spite of this, there is difference in living standard between them. Then participants
were taught how to change their life through the story of Saleem through following sessions






Budget
Saving
Investment/Business
Arrangement of Credit
Approach of Financial institutions
Consumer Rights & Responsibilities
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Villagers Development Organization-VDO
1.1.Budget:
The session started on budget that how can we make our monthly budget. Participants learned
that there are two type of income; first one is Constant Income such as Employment,
government or private job, second one is Inconstant Income such as land. As they were told
that budget should be made after considering such incomes.
1. 1 a Format of budget
The format of Budget consisted on these:
 Total Income:
 Income for business purpose
 Expenditure/income for household
 Repayment of loan
 Savings for short period
 Savings for long period
Participants also learned about Problems
which often remained in making budget:
These are following:




Income
remained
inconstant:
participants were taught that income
does not remain constant
Use of income should be in limitation
of budget
Income less but expenditures are
more
Month of bowing crops, month of cutting crops, month of marriages, eid, dewali natural
disaster etc.
Participants were also learned making proper Budget that is necessary in their life because of
these things:
Incident of future: Old age, Marriage, Eid/dewali, Study
Incident: Disease, Accident, Stealing, Death, Natural disaster
Expenditure for luxurious life: home, travelling abroad, wearing gold, gifts
Other assets: home, vehicle, Live stock, agriculture
The session was taken on the different ways of savings:
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Villagers Development Organization-VDO
1.2 Saving
Participants were taught about saving as they were told that saving is very important in every
human life. They learned that it is saving which can be used in future incidents. There are
following ways of saving discussed in this session:



Saving through pillows
Saving through Committee
Saving through bank account
Advantages and disadvantages of these ways of saving were also discussed.
1.3 Investment/business
The session was also taken on investment/business:
The participants were taught about the investment/business. In order to understand
comprehensively about the investment, it is discussed that we have two ways to earn more
money. These are following:


Earning- spending- take loan, spending –earning
Earning, saving, investment, earning, spending
Moreover, participants were also taught to make differences business through investment so
that they can develop their understanding about investment. These questions were focused in
this regard:
Taking motorbike, gold, keep money at home is investment: Is this investment to make more
profit?
The majority of participants were of the view that this is not investment for business purpose.
Deposit money in bank, or taking Rickshaw is business investment: which investment make
more profit?
The majority of participants were of the view that this is investment for business purpose.
The participants were also taught about principles of investment/business. For example, they
were told that investment/business should be safe and sound. It is also discussed that more
profit is main purpose of investment/business. They were also told that investment should be in
the shape of money.
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Villagers Development Organization-VDO
1.4 Arrangement of Credit:
1.4 a
Loan
After the session of the investment, another session was taken on loan. In this session,
participants learned about the loan such as profitable and unprofitable loan. In order to
understand loan, they were told two
difference stories which were based on
profitable and unprofitable loan. For
example, there was discussed that Imam
and her family took loan and used for the
purpose of business and in return, they got
profit and they also returned debit easily.
They were also told that this is best
example of profitable loan. On the
contrary, they were told that Illyas took
loan for the purpose of his daughter’s
marriage. In this way, here participants
learned that Illyas did not investment loan
in any business, so he remained in
problems and could not arrange debit.
They were informed that this is best
example of unprofitable loan. Furthermore, they learned that loan should not be taken for the
purpose of daily use of expenditures such as food, school fee, travelling etc. They learned that
record of repayment of loan should be kept. They were also told repayment of loan should not
more than total income. Moreover, Participants learned about severing financial institutions
such as local people, committees, NGOs, commercial banks, local organizations, insurance
companies etc.
1.4 b CNIC
After this session, next session was also taken on computerized national Identification card. In
this session, participants learned about how make new NIC and they learned whatever
requirement needed for making NIC. They also told about the importance of computerized NIC.
5. Approach to Financial Institutions
In this session participants learned that how can we reach Banks or other financial institution
that are supporting financial services. The target beneficiaries were poor & low income group
they were also less educated or ill-treated so these were mostly unknown from banks. Some of
them also shared that have can’t see bank in our life and we are unaware from bank and their
objective or role. Mostly people say that we can’t borrow from bank due to this we borrow from
local money lender and we are also unknown from MFIs.
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Villagers Development Organization-VDO
In this session, the session was taken on the banks and methods of opening new bank account.
As this session was very interesting for the participants, because majority them were without
having bank accounts. In this way, in this session, participants learned about services of banks
and opening bank account through sample of account opening form. They also learned how to
deposit money and withdraw from bank, use of check as well of use of ATM. There were
participants who were asking abbreviation of ATM.
The session was taken on the
villages
banking.
In
this
session participants learned
about
services
provided
through village banking to the
people such as payment of
mobile bills,
mobile
purchase of
of
balance,
transformation of money to
any account and payment of
electricity
and
gas
bills.
Participants also learned how
to open mobile account and how to send money to relatives and friends in any area of country.
1.6 Consumer Rights and responsibilities
The session was also taken on the consumer’s rights and responsibilities. In this session
Participants were told about whatever, rights and responsibilities of consumers were discussed
comprehensively. Then participants were told two story which were based on the taking loan. In
these stories, it was taught that responsibilities of clients and loan providers.
2
INTRODUCTION
BearingPoint (Management& Technology consultants) has initiated Financial Literacy with the
collaboration Asian Development Bank and State Bank of Pakistan in different districts of
Pakistan. Under this initiative, 68 trainings workshops are being conducted in respective districts
of Sindh, namely, Sanghar, Dudu, Matiari and Shaheed Benazirabad. Each session consisted
on two days with 30 or 32 participants who are less educated having low income.
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Villagers Development Organization-VDO
The purpose of this program is to
impart knowledge and understanding
of basic financial concepts and
services to low-income Pakistanis to
enable better economic decisions.
The main purposes of the training
workshops were to import knowledge
and understanding of basic financial
concepts to low income people of
Pakistan through using proper
income, investment and saving,
making
budget
and
reducing
expenses so that they can live happily. The timing of training was mostly kept from 9:30 am to
1:30 pm, in few sessions the timing changed from 2.30 pm to 6.30pm due to some unavoidable
condition such as with the suggestion of community, or clash of the trainer.
The training workshops were facilitated by trained facilitators. Participants learned about how to
make proper budget, ways of saving, investment, profitable loan and non-profitable loan. They
also learned to approach financial institutions which are providing loans. They also learned
consumer’s rights and responsibilities. They were told different stories related to use of loan,
investment, managing debits, reducing extra expenditures and taking cheap things.
3. TRAINING FACILITATORS
S.NO
Name of Trainer
Name of Co-trainer
1
Mr. Ali Umrani
Mr. Zahid Ali
2.
Mr. Mukhtiar Kapri
Mr. Mohsan Kamal
3.
Ms. Sumera Gul
Ms. Yasmeen
4.
Ms. Rahana Chandio
Ms. Shazia
5
Mr. Majeed Mangrio
Ms. Zaneb
6.
Mr. Habib Ullah
Mr. Muhammad Hassan
7.
Ms. Farzana
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Villagers Development Organization-VDO
4. RU LES OF THE GROUND
Few principles of three days training workshop were also established by the training
facilitators which are given below;








Cell phone of all participants must
be on silent during the training.
Only one person will talk at one
time.
Everybody will listen to each other
in a tolerant manner.
Nobody will talk to each other
during the session.
Everybody should try to stick to
the topic.
Nobody will make laugh to each
other.
The learning responsibility of the training would be on the shoulders of all participants
Everybody would be punctual in the training timings.
5. Scope and objectives
 To create atmosphere of making proper budgeting among less educated people having
low income in easy way through local language
 To train low income man and women ways of savings, to less educated people having
low income
 To tell about Investing, managing debt to less educated people having low income
 To inform about consumer rights and responsibilities to less educated people having low
income
6. Approach and Methodology
The class room training workshops were based on these approach and Methodology:
Lectures: lectures delivered in local language to understand the participants.
Material and Publication: The designer developed the printing material very interested and this
publication remained fruitful for these low income communities during class room
Picture: In the training material the interested Stories are given and community learn in a easy
way due to observe the pictures and charts during sessions
Group activities: in group work activities they share information and knowledge without any
hesitance and learn more from each other
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Villagers Development Organization-VDO
Charts, pamphlets: these charts and pamphlets also convey the message to participants.
From charts they learn more and feel that they are wasting their own resources due to unaware
about financial awareness
VDO trainer with support of co trainers prepared attendance sheet of the participants according
to prescribed format of Bearing Point. The trainer care for the 2nd days attendance of required
(30) participants as they can fully take advantage from the session.
VDO share the required information regarding class room training session group photos day
one and day two, attendance sheet of both days, assessment form to respected Bearing Point
in proper time.
VDO submitted Interim progress report of Class room training session to Bearing Point
regarding to the MOU.
7. Training Schedule
For implementation process VDO develop a comprehensive Class Room Training Schedule to
achieve the targeted
areas. This training
schedule is shared with
Bearing - Point and
follows it. If at any time
VDO take amendment
or changing, VDO just
inform to Bearing Point.
VDO develop training
schedule
of
eight
weeks as to cover sixty
eight sessions ( 19th
March-7th May 2012) in
the targeted districts. In
the training session
VDO management and
trainers
care
the
climate and prefer interest of community participation. VDO organized sessions separately male
and female male trainer facilitates to male and female to female class room
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Villagers Development Organization-VDO
8. Achievements of training workshops
Summary of achievements
1.
Number
of
Beneficiaries: Total
beneficiaries
are
2040, low income
people have less
education or illiterate
received trainings on
financial
literacy
during eight weeks
period.
2.
1020 low income and
less
educated,
illiterate female were
educated
about
finance literacy such as making proper budget, saving, investment/business,
arrangement of loan, how to approach serving financial institutions and consumer’s
rights and responsibilities
3.
720 less educated male were educated about finance literacy such as making proper
budget, saving, investment/business, arrangement of loan, how to approach serving
financial institutions and consumer’s rights and responsibilities
VDO achieved the target sessions as under
S.No
Male
session
34
Female
sessions
34
No. of beneficiaries
Targeted
No of District
session
68
6
Achieved
68
34
34
2040
6
2040
9. Detail of sessions
9.1 Backup of the session:
VDO achieved sixty CRT by six master trainers. The TOT training was organized by Bearing
Point at Hyderabad from 23 -26 February 2012. In this TOT training, 27 trainers from four
selected PO of Bering Point participated. VDO has selected 7 Facilitators who further played
their role in the community trainings on Finance literacy. The detail of facilitators and training
sessions can be understood through following chart:
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Villagers Development Organization-VDO
Above charts describe the detail of trainers and their training sessions. As it shows that Majeed
Mangrio has taken one session and trained 30 male participants. Ali Umrani has taken 46
sessions and he trained 980 male participants. It relates that Ms. Rehana has taken 15
sessions, and she trained 450 female participants. Ms. Sumera Gul has taken 23 sessions and
she trained 690 female participants. It relates that Mr. Mukhtiar kapri has taken 14 sessions and
trained 432 male participants. Noor Bano has taken one session and trained 30 female
sessions. Ms. Farazana has taken one session and trained 30 female participants.
Detail CRT
Session
beneficiaries
Male
Female
240
210
210
420
0
0
14
Sanghar
120
120
240
0
8
Matiyari
150
150
300
0
10
Hyderabad
150
150
300
0
10
Dadu
150
150
300
0
10
Thatta
240
480
0
16
Shaheed
Banazer abad
Above charts describe detail district wise session and beneficiaries. As it shows that 14
sessions were conducted in district Sanghar, 210 female and 210 male participated in these
sessions.
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Villagers Development Organization-VDO
The eight sessions were conducted in district Matiyari where 120 male and 120 female were
provided training. Ten sessions were conducted in district Hyderabad where 150 female and
150 male participants were trained. Ten sessions were conducted in district Dadu in which 150
female and 150 male participants were given training. Similarly, ten sessions were conducted in
district Thatta where 150 female and 150 male members were trained. Furthermore, it shows
that sixteen sessions were conducted in Shaheed Banazerbad where 240 female and 240
participants were provided trainings.
12. Monitoring of sessions
Sessions were also monitoring by BearingPoint team and State Bank of Pakistan. Total 20
sessions were monitored. The monitoring team observed the ways of facilitators in imparting
trainings. The monitoring officers asked questions from participants, and participants answered
questions and shared their views about financial literacy.
13. Detail of visits is following:
S.#
Date
1
March
21,
Mr.Farruk
2012
Qadri
2
April
5,
2012
Visitor Name
Organization/firm
name
Bearing point
Mr.
Abdul 3rd Party
Hafeez
Jamali
3
Mr.
Abdul 3rd Party
Hafeez
Jamali
4.
Mr.
Abdul 3rd Party
Hafeez
Jamali
Location
Session
visited
Mitho Male
UC Female
Lal
tehsil
Village
Dahri
Udero
village
Matiyari
district
Matiyari
Village Jamal Male
Kerio
tehsil
Nawab shah
distt:Sshaheed
Banazeer
abad
Village Peero Male
Lakhmeer
tehsil Nawab
shah
distt:Sshaheed
Banazeer
abad
Village Tayyab Female
Lakho
tehsil
Nawab shah
distt:Sshaheed
Banazeer
abad
Day 1, 2
Day 1
Day 1
Day 1
Day 1 & Day
2
Day 1
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Villagers Development Organization-VDO
5.
April
12,
2012
Mr.
Najam 3rd Party
Din Panhwar
6.
April
13,
2012
Mr.
Najam 3rd Party
Din Panhwar
7
April
14,
2012
Mr.
Najam
Din Panhwar
8
April
19,
2012
Mr.
Abdul 3rd Party
Razaque
Noonari
9
April
22,
2012
Mr.
Muhammad
Naseem
Arain
10
April
23,
2012
Mr.
abdul 3rd Party
Razaque
Noonari
11
April
24,
2012
Mr.
abdul 3rd Party
Razaque
Noonari
12
April
25,
2012
Mr.
Muhammad
Naseeem
arain
3rd Party
13
April
26,
2012
Mr.
Muhammad
Naseeem
Arain
3rd Party
3rd Party
3rd Party
Village Adam
Khan lashari
tehsil Ghora
Bari
Distt:
Thatta
Govt
High
school Buhara
Tehsil Mirpur
Sakro,
distt:
Thatta
Village
Muhammad
Khan
Kumbhar
tehsil Mir pur
Sakro
Village Peeral
Makorani
tehsil Tando
Adam
Distt:
Sanghar
Village Haji Ali
Sher Chakrani
Tehsil
Jam
Nawaz
Ali
Distt: Sanghar
Village
Haji
Mithan Dero
Tehsil Tando
Adam
Distt:
Sanghar
Village Peroo
Faquir Shoro
Tehsil Tando
Adam
Distt:
Sanghar
Village Peer
Shah Nawaz
Qureshi Tehsil
Sinjhoro distt:
Sanghar
Village Rukan
Burirra Tehsil
Sinjhoro distt:
Sanghar
Male
Day 1
Male
Day 1
Female
Day 2
Male
Day 1
Male
Day 2
Male
Day 1
Female
Day 2
Male
Day 1
Female
Day 2
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Villagers Development Organization-VDO
14
Mr.
Muhammad 3rd Party
Naseeem Arain
Village
Mir
Muhammad Jakhoro
Tehsil Sinjhoro distt:
Sanghar
15. April
Mr. Najam Deen 3rd Party
Village
Ghotan
30,
Panhwar
Tehsil
Hyderabad
2012
distt: hyderabad
rd
16
May
Mr. Najam Deen 3 Party
Village Arif Khatian
2,
Panhwar
tehsil
Hyderabad
2012
Distt: Hyderabad
17
May
Mr. Abdul Haseeb State Bank Village Arif Khatian
2,
Sheikh
Of Pakistan
tehsil
Hyderabad
2012
Distt: Hyderabad
18
May
Mr. Abdul Haseeb State Bank Otaque
Sarfraz
4,
Sheikh
Of Pakistan
Lashari Tando Jam
2012
Tehsil
Hyderabad
Distt: Hyderabad
Different respected visitor conducted the class room training session
sessions were visited during classes.
S.No
April
27,
2012
Name of Visitor
Sessions
Male
1
2
3
4.
5
6
Farruk
Bearing Point
Mr. Abdul Hafeez Jamali
Party
Mr. Najam Deen Panhwar
Party
Mr. Abdul Razaque Noonari
Party
Mr. Muhammad Naseem Aarain
Party
Mr. Abdul Haseeb Sheikh
Bank Pakistan
Total
Male
Day 1
Female
Day 2
Male & Day 1
Female
Male & Day 1
Female
Male
of VDO. Totally 21
No of sessions visited
Female
Total
Qadri 1
1
2
3rd 2
1
3
3rd 3
3
6
3rd 2
1
3
3rd 3
2
5
State 2
1
3
9
22
13
Day 1
Moreover, internal monitoring was conducted by Chief Executive Office, VDO. In this way, all
sessions were successfully conducted and VDO team achieved excellent result.
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Villagers Development Organization-VDO
14. Challenges
During all class room training sessions, the participants were keen interested in participation.
During the session challenges were central point faced by team in some project areas. These
are following:



Women were not interesting for photo session
People were demanding in financial support such as loan
Community have more expectations than training sessions and coordination with banks
and MFIs.
 In some areas demand printing material in Sindhi languages.
 Some places suggested for full day session instead of two days
 Women hesitate from male visitor
 In some areas people were denying to enroll their CNIC #.in attendance
 Climate or crop season create difficulties for participants.
14.1
Solutions






VDO team leader mobilize the women for photos
VDO trainers motivate the participants that many MFIs & banks have loan facility
available
Our team members suggested that we should prefer our national language
VDO respected team mobilize the community that after training (4) hours you can do
your home activities and you will also be fresh for second day
Our trainers mobilize them that your CNIC # is only your proof for identification besides
any organization or government will take steps for CNIC creation
Mobilize the community members to work of the harvest in early morning as you will
your agriculture yield from worse condition
15. Way forward
State Bank of Pakistan and
sponsored by Asian Development
Bank, has initiated the Nationwide
Financial Literacy Program (NFLP).
This program focuses to impart
financial
knowledge
and
understanding of basic financial
concepts services and products for
low income people in order to
promote socio economic condition.
The NFLP is chaired by Pakistan Poverty Alleviation fund (PPAF), Pakistan Microfinance
network (PMN) Pakistani Banks Association. For the current Phase Bearing Point is
implementing with ten Partner organization at over all country.
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Villagers Development Organization-VDO
NFLP focuses common people on sharing simple but important tips about budgeting, savings,
investing, managing debt, the formal financial sector, branchless banking as well as consumer
rights and responsibilities through workshops and street theatre performances.
From March to May 2012, over 1,000 NFLP training workshops conducted to reach target
30,000 low income beneficiaries and other 15,000 beneficiaries covered through street theatres.
In its final roll-out, this number will be increased to 500,000 beneficiaries. The message will be
presented regional Radio & television also.
Bearing point selected ten partners and signed partnership MOU with community based
development organizations to cover the targeted beneficiaries in the country. Bearing Point
selected partner organization as under NFLP.
S#
Name of organization
1
Villagers Development Organization-VDO
Azat Foundation
2
3
ASASAH
4
Bunyad Literacy Council
5
Health and Nutrition Development Society (HANDS
6
Human Development Foundation- Pakistan (HDF)
7
Participatory Integrated Development Society (PIDS)
8
Salik Foundation
9
Sindh Rural Support Program (SRSP)
10
Village Friends Organization (VFO)
16
Villagers Development Organization-VDO
NFLP’s scope includes an intended change in attitudes and behavior by providing 2-day
workshops which involve content-based activities, story-telling, group work, presentations and
exercises. Its pictorial handbooks are geared to the learning capacity and situations of its target
low income audience, some of them have may be illiterate.
Furthermore, NFLP focuses on 7 themes financial management such as:

Budgeting,

Investments

Debt Management

Savings,

Consumer rights & responsibilities

Financial products and services
At the same time, a Road Show is being conducted throughout the Punjab and Sindh region, in
collaboration
with
Rafi
Peer
Theatre
Company
on
financial
education.
NFLP Training of Trainers has already taken place in Lahore and is currently ongoing in three
other locations: Hyderabad, Mardan and Quetta. The training is an interactive session spread
across three days that will equip participants with the knowledge and skills they need to conduct
effective workshops using NFLP curriculum. The actual class-room trainings are to commence
nationwide in March 2012.
17
Villagers Development Organization-VDO
16. Suggestions
These few suggestions which has to be considered for next phase:




Number of participants should be kept 25 for one session
Budget should be increased for two days sessions
Community suggested to arrange full day class
Printing material and booklet be in local language
17. Conclusion with future Planning
The Financial literacy training program has remained valuable for the people who had no idea
about saving and budgeting in their life. There were 68 sessions were conducted for 2040
beneficiaries, male and female in attended period and 7 master trainers provided training to
participants with cotrainers. All participants were imparted about financial literacy and it was first
time that participants learned about saving and budgeting. Participants learned everything with
eagerness and interesting in all sessions considering this, there is a need to initiative such
projects for those people who have no idea about saving and budgeting in their life so that they
can spend their life within meager resources.
18
Villagers Development Organization-VDO