Co-op News
MASS-SPECC conducts financial literacy training of trainers for co-op youth
As part of its ongoing commitment to empowering the youth and fostering financial responsibility, MASS-SPECC Cooperative Development Center held a “Training of Trainers on Financial Literacy for the Youth” on August 22-23, 2024, at the Brokenshire Integrated Health Ministries in Madapo, Davao City.
The two-day training aimed to equip the co-operatives’ youth coordinators with the knowledge, skills, and mindset required to practice sound financial management and prepare them to transfer this knowledge to their peers in various co-ops.
The program aims to empower coordinators to embed financial literacy as a core value in co-operatives across the region. MASS-SPECC’s in-house facilitators led the sessions, providing valuable insights into how financial literacy drives both personal and co-operative growth.
The event was attended by 20 participants representing various co-ops, all eager to take on the role of financial literacy advocates in their respective communities.
The participants gained a thorough understanding of financial management principles, learning how to build a sustainable financial future and instilling these lessons within their co-op members through dedicated training programs.
Through this initiative, MASS-SPECC aims to strengthen the role of the youth in the co-operative movement and ensure that financial literacy becomes a standard practice within co-ops, contributing to the long-term sustainability and prosperity of communities.
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