Dalex Finance holds financial literacy training for Makola traders

Dalex Finance has taken its financial literacy programme to traders at the central business district of Accra. The second edition of the training held on Thursday involved a mix of traders from varied background drawn from the Makola market in Accra.

The traders were equipped with the requisite knowledge to enable them make sound financial decisions. They were taken through topics such as budgeting, investment, credit and debt management. The Women’s Forum of the Ghana National Chamber of Commerce took its turn at the training two weeks ago at the Best Western Hotel in Accra.

National Organizer of Women in Informal Employment: Globalizing and Organizing (WIEGO), Juliana Brown Afari said: “we got interested in this initiative having realized the importance of saving towards old age and toward the expansion of our businesses. The fact is that people in this sector do not save actively, that is the habit we want to discourage.”

“The session was very engaging and practical; the whole thing has been made so simple. We have learnt a lot about money and our finances the fun way,” she indicated.

Director of Business Operations of Dalex Finance, Mr. Joe Jackson facilitated the training. He explained the importance of discipline and consistency in savings and investments.

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“Dalex recognizes the fact that most of these women and traders are financially excluded. They are often looking for loans and funds to boost their trade but do not know that they could simply invest a little money and use it as a collateral to get a bigger fund to grow their businesses.

This is partly the reason we are introducing them to Dalex SWIFT, our contributory investment product, which offers them the platform to save and take control of their businesses and lives. Our plan is to replicate this training monthly for women and traders from all the major markets and identifiable groups of entrepreneurs.”

The training was organized in partnership with Give Back Africa Foundation, an organization focused on training women and youth in enterprise skills and financial literacy through a gradual change of mindset and behavior.

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