High Water Women - Kenya

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:

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.

High Water Women

Institution	High Water Women Foundation is a 501(c)3 organization founded in 2005 by women in the hedge fund and financial services industries and now enjoys a network of over 3,200 volunteers and members.. Read more;
Financial Literacy Programme	Financial Literacy Education The Siebert Foundation provides two program curricula created for middle and high school students. The topics covered in the curricular include: Decision making, opportunity costs, wants and needs, income and jobs Budgeting and goal setting Banks and banking Types of credit and using credit cards Credit history and reports Saving and Investing Protecting your assets Understanding taxes Read more;
Duration	8-weekly sessions
Contacts	Email;