Junior Achievement Kenya (JAKENYA) - 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.

Junior Achievement Kenya (JAKENYA)

Institution	Junior Achievement Kenya is the country's largest and fastest growing non-profit organization with a mission of inspiring and preparing young people to succeed in a global economy. We do this by providing key hands on experiential programs that equip the youth with these skills to succeed in work and life. Read more;
Financial Literacy Programme	Students learn financial independence, investing, home ownership and retirement planning through hands-on, real world training. This program is designed to inspire and nurture entrepreneurship skills, financial skills and work readiness skills amongst the youth.
Duration	15-week course
Contacts	Tel; 0708 181 106 Court 30, Masaba Road, Nairobi-KENYA Email;