Barclays employees in Botswana have helped 180 female entrepreneurs improve their financial management skills.
A group of volunteers from Gaborone, the country’s capital, partnered local microfinance organisation Women’s Finance House Botswana to host a series of training sessions in June.
The two-hour courses were designed to support women on low incomes to learn more about budgeting, savings, the benefits of bank accounts and how to avoid getting in debt.
Volunteers will hear presentations from course participants in the near future on the impact the training has had on their businesses.
Aupa Monvatsi, Chief Operation Officer, Barclays Botswana, said: “As an emerging country, Botswana still has a large portion of the population unbanked and financially illiterate, discounting this significant population from services such as savings, development loans and financial counselling.
“This is a special effort that is also sustainable and will see a lot of lives being changed.”
Marea Modutlwa, Project Manager in the Barclays Botswana Change Team, is one of the volunteers.
Marea added: “It is awesome to know that as Barclays colleagues, we have empowered a lot of people to develop their financial skills, so that people are able to make those simple daily decisions that will have a positive impact on their financial future.”
The programme is part of Barclays community investment programme, which engages and supports colleagues to give their time and skills to their chosen community causes.
In 2010, more than 62,000 colleagues volunteered for more than 350,000 hours and raised more than £18m to support disadvantaged communities around the world.