Southern Africa Youth Project in partnerships with Government Financial, Banking, Services Sector Education Training Authority, financial services business, cooperative institutions and banking sector partnered to provide financial Literacy Skills for unemployed Youth in townships and rural areas.

 

The programme was introduced as a result of 95% of the youth who have been part of the organisation have expressed concerns over salaries they get that they are too small. This means that they either have to accept the salary or get a better job which is a challenge for entry level job seekers.

 

Southern Africa Youth Project conducted a baseline study to understand what was the problem. Out of the 300 unemployed Youth who are in employment. We have found out 280 Youth indeed have financial literacy challenges and that has caused a lt’s because they do not have skills to manage their finances.

 

Southern Africa Youth Project has realized the need to provide financial education for the Youth in rural areas and townships. Through the research conducted in the past five (5) years we have found out that majority of the Youth we place into jobs and opportunities ends up in unbearable debt.

 

This is due to they are not aware of what needs to be done or how to handle their finances.

 

Southern Africa Youth Project has realized the need for inclusive financial and debt management training for these youth to ensure that they handle their finances with professionalism and accountability

 

To find out how you can partner with Southern Africa Youth Project to strengthen Financial Literacy Skills. Contact us at info@southernafricayouth.org