Moris Rasik

FINANCIAL LITERACY PROGRAM

Main Purpose of this program is to develop and improve client’s capacity at foundation Level and Management.

Budget using for implementation of Financial Literacy Program for 7 Branches in the Table below, Aileu Branch and Liquica Branch obtain Grant from Ireland AID but Branch of Ermera, Maliana, Suai, Same, and Atabae obtain grant by NZAID.

PROGRAM & BENEFISIARIES

Nu	Branches Name	Beneficiates who have received training for every Subject			Beneficiate/Branches	Annum
		Foundation Level	Household Financial Management	Business Management
1	Aileu	Pilot Project			127	2010
2	Liquiça	Pilot Project			231	2011
3	Ermera	327	842	867	867	2012
4	Maliana	228	534	534	534	2013
5	Suai	269	350	350	350	2015
6	Same	320	649	690	690	2015
7	Atabae	135	425	425	425	2016
Total					3224

Continuation of Financial Literacy Program

After contract ending with the stakeholders of Ireland AID & NZAID, then SFMR, S.A take their own initiative to continue financial literacy program in 5 Branches which is granted by Fundasaun Moris Rasik (FMR) and based on the Business plan will be continuing this program to other Branches which have not implemented.

Nu	Branches Name	Beneficiates who have received training for every Subject			Beneficiate/Branches	Annum
		Foundation Level	Household Financial Management	Business Management
1	Manatuto	220	1043	1043	1263	2019
2	Viqueque	182	737	737	919	2021
3	Baucau	205	862	862	1067	2022
4	Uato Lari	676	671	680	680	2023
5	Lospalos	Total Beneficiates who have Attended on Foundation Level, Household Financial Management and Business Management are 794 Clientes the training activity is ongoing at Lospalos Branch.			794	2024
TOTAL					4723
TOTAL BENEFICIATES OF THE 12 BRANCHS					7947