Basis of financial literacy

The Forum of Women’s NGOs of Kyrgyzstan invited 20 women from Osh, Issyk-Kul, Jalal-Abad and Chui regions to the training “Basis of financial literacy. Start-up capital”.

The training was held on October 14-15 in Bishkek and was aimed at developing the potential of rural women who want to be entrepreneurial or have their own business. The training was held within the framework of the program of the Forum of Women’s NGOs of Kyrgyzstan “Women and Economy”. The Forum of Women’s NGOs of Kyrgyzstan, through the implementation of this program, promotes and promotes the strengthening of favorable conditions for the economic empowerment of rural women in Kyrgyzstan.

The Forum of Women’s NGOs of Kyrgyzstan is implementing this program in partnership with local women’s organizations and activists of the women’s movement, as well as with women deputies of aiyl keneshes. Of the 20 participants in the training, 10 women are members of the program of the Women’s NGO Forum of Kyrgyzstan “Women and Economy”. 10 women participate in the Forum’s training program for the first time. The purpose of the training is to provide rural women with knowledge and skills in financial literacy in order to further launch/grow their own business.

Within 2 days, the participants of the training were able to gain knowledge and skills in financial fundamentals, which include family budget planning and savings, savings, and marketing skills. Women received the necessary information on the issues of loan relations. They also learned about opportunities to find funding sources and attract start-up capital. The trainees met with the main roles and features in the partnership (investor, sponsor, donor, philanthropist, grant giver). Women received information about where and under what conditions they can get money for a start-up or an already developing business. Juraeva Nazgul from the Osh region for the first time participates in the program of the Women’s NGO Forum of Kyrgyzstan. She noted that this training personally inspired her to open her own business, inspired her to be active not only in business, but also in public affairs in order to promote women’s entrepreneurship.