• Kenya
  • Resources
  • Capacity Building
  • Financial Literacy
  • Financial Literacy

Key highlights

According to the Global index report

  • women in the developing nations, such as Kenya, have a 20% less likelihood of owning a bank account in a formal financial institution.
  • 17% less likely to formally borrow money, deficiency in their financial literacy is one of the causes

Why Financial literacy?

Financial literacy is important to women entrepreneurs as it provides them with knowledge on:

  • valuing money;
  •  spending it;
  • keeping track on spending through updated records;
  • saving for the future and;
  •  investing in productive and sustainable activities.

                                                                                                Read more

What is the situation in Kenya?

Existing statistics show that lack of financial illiteracy among women:

  • Remains a major hindrance to their economic empowerment.
  • Makes it hard for women to navigate and use financial services, and
  • Leads to inappropriate financial decisions
  • Exposes women to added risk by borrowing from informal sources, saving too little, and failing to access appropriate financial services.

Various organization and institutions in Kenya have established financial literacy programmes for women entrepreneurs.


Organisations with Financial Literacy services

angle-left Dream Achievers Youth Organization (DAYO)



Dream Achievers Youth Organization is a non-profitable and non-political community-based organization that empowers youths & communities in Kenya through Education & Vocational Training. Its mission is to build capacity and respond by preventing and reducing the risks of diseases and socio-economic situations among youth in the region.

Read more; 

Financial Literacy Programme

Funded by Kenya Community Development Foundation, Dream Achievers Youth Organization is implementing a project known as Youth Empowerment.

The project seeks to contribute to the millennium development goals by empowering youth economically through financial literacy and entrepreneurship skills training.

Read more;

Other initiatives beneficial to women

  • DAYO Computer and Vocational Training-Dream Achievers Cyber, Computer & Vocational Training is a project of DAYO, aimed at empowering youth of aged 18-35 with employable vocational skills and also equips them with entrepreneurial skills to start and run their own businesses while others who opt for employment get first-hand experience. The project take upon it to link the graduates to potential employers.                       
  • Imarisha Vijana Project-Currently DAYO is implementing DFID Funded project on Youth Empowerment “Imarisha Vijana Centre” under Kuza Project. It operates a Labour Market Information and Training Centre (LMITC) for the youth in Kisauni in order to assist them in seeking jobs or becoming self-employed to improve their livelihood.
  • Dance4Life project-Dance 4 Life is an International initiative that targets youths aged 10-24 years. It equips them with information and skills on HIV/AIDS prevention and Reproductive Health Education. Dance 4 Life has developed and implemented the ASK (Access, Services and Knowledge) and UFBR (Unite for Body Rights) Alliance Programs aiming at improving young people’s sexual and reproductive health and rights.


Bamburi, Kisauni Rd,
P.O. Box 12046-80117
Mtopanga Mombasa, Kenya                                                                                                                         

Phone: +254 729 161 719/ +254 732 601 430                                                                                  

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