Financial literacy for women entrepreneurs in Seychelles

In 2014, the Government of Seychelles (GoS) adopted the Financial Sector Development Implementation Plan (FSDIP) whose purpose is to strengthen and modernize the financial sector. Of the priorities identified were the introduction of a consumer protection framework in the financial sector and a financial literacy strategy.

In response, the Central Bank of Seychelles (CBS) and the Financial Services Authority (FSA) commissioned a National Financial Literacy Baseline in 2016 and the development of the National Financial Education Strategy (NFES) in 2017. An in-depth diagnostic was undertaken during May 2017. The findings are captured in this report (see the link below) and form the basis of the NFES. Details of the institutions providing financial literacy training are provided below.

angle-left Seychelles Association of Women Entrepreneurs

Seychelles Association of Women Entrepreneurs

Mode of training/activities

Seychelles Association of Women Entrepreneurs (SAWE) is a non-governmental organization with 120 members and which promotes women entrepreneurs on the three main islands. Barclays sponsored a 6-month training program of SAWE members whereby 28 participants met twice a month to be trained on the topic of their choice, depending on the issues they were facing at that point in time.

SAWE also provides training on different topics related to entrepreneurship, such as promoting a positive approach to business, soft skills, promoting confidence and finding role models.

It also facilitates engagements with key stakeholders, such as banks and the Tax Revenue Commission.

SAWE’s workshops last between one and three days and the number of attendees is usually around 30 women.

Contact information

Seychelles Association of Women Entrepreneurs
Contact number: 2821476
Facebook: https://www.facebook.com/sawe.seychelles.1/timeline?lst=549806200%3A100026352215060%3A1568007967

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