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  • Capacity Building
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  • Financial Literacy

Financial literacy for women in Eritrea

Women entrepreneurs need to possess a variety of skills. They need to be skillful in business management, marketing their product and they should also be financially literate. This will enable them to determine the cost of the products they produce or services they render, set prices and determine the level of activity to run successful firms. Moreover, financial literacy enables women entrepreneurs to manage all the financial resources (cash, receivables and payables) of their business.

angle-left Eritrean Center for Organizational Excellence (ERCOE)

Eritrean Center for Organizational Excellence (ERCOE)

The Eritrean Center for Organizational Excellence (ERCOE) was established in 2006. It provides, training and consultancy services to public and private organizations. The center has competent and experienced experts that have provided training and consultancy service in the area of women entrepreneurship for more than 20 years.

Enrollment procedure

The Eritrean Center for Organizational Excellence provides short term training in the area of financial management for small firms. To enroll in the program, contact Mr. Shimondi Ghebrekidan (Tel +2917274589). The fee for any program is 50Nakfa per hour and the training projects vary from 2 to 5 days.

Training provided/areas covered

- Asset management
- Inventory management
- Costing
- Setting prices
- Cash management
- Management payables and receivables

Other available resources

Materials in financial management are available from the physical library of the center and can be assessed upon request. To access resources of the center contact Mr. Yonas Ghebrehiwet on +2917213445.

Additional services

- Financial feasibility
- Developing financial plans
- Introducing accounting system for small firms

The center has experienced staff or resource persons in the area of financial management. Thus, it also provides mentoring and coaching services as well as writing of financial plans. An expert will be assigned to provide mentoring/coaching services and fee shall be set upon negotiation with the expert. To access such services contact Mr. Yonas Ghebrehiwet on +2917213445.

Contact info

Dembe Sembel Green Building, Block A, First Floor
P.O. Box 941
Tel: +291-1-154047 
Fax: 291-1-154045

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