Santo Domingo – Training in financial culture to acquire the habit of saving, achieving good credit card management and obtaining basic concepts to start a business are the three educational topics that users of the Finance with a Purpose Academy prefer (www.finanzasconproposito.edu.do), a digital initiative of Banco Popular Dominicano to contribute to the extension of financial education in the country.
These categories accumulate 74% of the registrations in the financial education platform, which has reached 77,600 visits since its launch in November 2022 and 2,284 people registered in the different courses, according to the bank.
In total, 345 course completion certificates have been issued. Of these, 106 belong to credit cards and 102 to savings, while 57 correspond to business finance; 49 for entrepreneurship; 19 for health and wellness and 12 for budgeting education.
According to the data recorded on the platform of the Academy of Finance with a Purpose, it is women who are most concerned about training in financial education issues. They lead with 62.3% compared to 37.7% of men registered in the course catalog.
Economic and Financial Week
The Finance with Purpose Academy of Banco Popular participated with courses for children and adolescents in the Economic and Financial Week of the Central Bank, an activity that is part of Global Money Week to promote financial education in minors in 176 countries in the world.
Specifically, this year Popular offered children between 9 and 12 years of age the talk “The importance of saving” and adolescents between 13 and 17 years of age another talk entitled “Finances with a purpose”, available among the contents of www.finanzasconproposito.edu.do
Improvement of indicators after training
As part of its commitment to the financial education of society, in addition to this digital proposal of the Finance with Purpose Academy, Banco Popular complements its financial training proposal with talks and educational workshops, which during 2021 reached 11,489 people.
According to records collected since 2014, it is evident that the training improves the financial reality of people, since 2.5% of the participants in the virtual talks increased the balance of their savings accounts and 1.3% reduced the delinquency indicators.
Additionally, Popular offers segments such as SMEs and entrepreneurs other value propositions to broaden their financial knowledge, through www.impulsapopular.com
