Bolivia

2022 Bolivia Global Money Week

PARTICIPATING ORGANISATIONS:

  • Asociación de Bancos Privados de Bolivia, Sparkassenstiftung Alemana, Junges Netzwerk, Banco Nacional De Bolivia S.A., Banco Mercantil Santa Cruz S.A., Banco De Crédito De Bolivia S.A., Banco De La Nación Argentina, Banco Bisa S.A., Banco Unión S.A., Banco Económico S.A., Banco Solidario S.A., Banco Ganadero S.A., Banco Fortaleza S.A., Banco Fie S.A.

TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:

  • 14

NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:

  • 400

NUMBER OF ADULTS REACHED DIRECTLY:

  • 63

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 2,000

Throughout Global Money Week 2022, more than 400 young people were involved in six webinars. These educational sessions covered the following topics: “Financial Planning for Entrepreneurship”, “The 1 2 3 of youth finance”, “Personal finances in a pandemic context”, “Achieve your goals by improving your finances”, “We can too! finance for women” and “Simple mobile payment, an opportunity for FinTech.”


2021 Bolivia Global Money Week

PARTICIPATING ORGANISATIONS:

  • Association of Private Banks of Bolivia (Asociación de Bancos Privados de Bolivia), Banco Nacional De Bolivia S.A., Banco Mercantil Santa Cruz S.A., Banco De Crédito De Bolivia S.A., Banco De La Nación Argentina, Banco Bisa S.A., Banco Unión S.A., Banco Económico S.A., Banco Solidario S.A., Banco Ganadero S.A., Banco Fortaleza S.A., Banco Fie S.A.

TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:

  • 11

NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:

  • 750

NUMBER OF ADULTS REACHED DIRECTLY:

  • 250

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 14,000

During GMW2021, the Association of Private Banks of Bolivia launched a new webinar series about credit. Two of them were held during Global Money Week led by speakers from partner banks on topics of interest rates and payment plans. This year it was necessary to talk about credit, so that young people understand better the government measures taken to reactivate the economy. Sessions organised by the Association of Private Banks of Bolivia will continue after the end of Global Money Week.


2018 Bolivia Global Money Week

LEADING ORGANISATIONS:

  • Bolivian Private Banking Association (ASOBAN)

PARTICIPATING ORGANISATIONS:

  • Bisa Bank, Centre de Formación Bancaria, Crédito de Bolivia Bank, Descubre, Económico Bank, FIE Bank, Fortaleza Bank, Ganadero Bank, Institute of Social and Economic Studies at the University Mayor de San Simón, Mercantil Santa Cruz Bank, National Bank of Bolivia, Solidario Bank, TELC & CENET XXI Technical Training Center, Trono Theater, Union Bank

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 9 000

NUMBER OF PEOPLE REACHED INDIRECTLY:

  • 35 000

Bolivian Private Banking Association (ASOBAN)
During Global Money Week 2018, a Financial Services Fair was held in Cochabamba, Bolivia. As part of the event, various financial education activities were organised for children, teenagers, and young people. In total, 49 talks on topics such as personal finance, digital banking, financial rights and obligations, and entrepreneurship were organised. The Bolivian Private Banking Association built a financial education space, where the programme “DESCUBRE Lo Simple de las Finanzas” (Discover the basics of finance) offered games about budget, savings, investments, financial system, and financial services and products. Staff from the banks were on hand to answer all the questions from the public. Participants were invited to register for www.descubre.bo, a digital platform to learn about finances and change financial behaviours. DESCUBRE allows people to reach their financial goals by helping them to make a budget, save, and make a good use of the financial system. Finally, the Association invited the young participants to share what they save for and encouraged them to achieve their goals. All these activities gathered more than 10.000 people, mostly children and young people.


2017 Bolivia Global Money Week

PARTICIPATING ORGANISATIONS:

ASOBAN and the associated banks:

Grupo Amaya Capacitaciones and the asssociated financial entities:

  • Cooperativa de Ahorro y Credito Abierta San Mateo Ltda, Cooperativa de Ahorro y Credito Abierta Inca Huasi Ltda., Cooperativa de Ahorro y Credito Abierta San Pedro Ltda, Cooperativa de Ahorro And Credito Abierta Jesus Nazareno Ltda, Cooperativa de Ahorro y Credito Abierta Cacef Rl and The Promoter Financial Institution of Vicienda EFV
  • Universities: UMSS, UNICEN, ESAE, IBM, NUR, EMI, UDABOL, UNIFRANZ, INCOS, UCATEC, UNITEPC, UCB, UPB, SEDES, CEICOM, CIPEC, USIP

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 8392

NUMBER OF CHILDREN REACHED INDIRECTLY:

  • 537 327

Throughout Global Money Week 2017, the Banking Association of Bolivia (ASOBAN) organised two educational activities. The first, which was designed to suit university students, was a four-day long financial education workshop within the GMW Credit Fair. There were 5 workshops per day, with 80 students participating in each workshop! ASOBAN also set up an interactive financial education booth called “DESCUBRE Lo Simple de las Finanzas,” which was applicable to all ages. Participants played educational games and registered themselves on the platform www.descubre.bo, afterwhich those who completed the “DESCUBRE” Challenge recieved a certificate and a gift!

Furthermore in Bolvia, Grupo Amaya Capacitaciones and their associated financial entities visited many schools and a military unit, which were eager to learn about finance, the importance of saving, and how financial institutions who were awarded licenses by the Supervision Authority of Financial Systems  (ASFI) were trustworthy. Grupo Amaya Capacitaciones also promotes the rights of the financial consumer and facilitates mechanisms of complaint. They were proud to have taught finance made simple through engaging training sessions, games and guided visits so that young people can make good financial decisions. More than 1,200 people received training within the Global Money Week programme! Sessions were focussed on topics such as: the Culture of Savings, the rights of the financial consumer, complaint mechanisms, the supervisory and regulatory role of financial institutions by the ASFI, Financial Consumer Obligations, how the Bolivian financial system operates, the detection of counterfeit banknotes, the family budget, and the importance of having life insurance. In order to make topics especially engaging, sessions were carried out using digital games, real-life realia such as garbage cans to motivate youth to recycle, specially designed apps, and were held in the offices of financial institutions.

 


2016 Bolivia Global Money Week

LEADING ORGANISATIONS:

PARTICIPATING ORGANISATIONS:

  • Banco BISA, Banco Unión, Banco Solidario, Banco Ganadero, Banco Económico, Banco PYME Los Andes Procredit, Banco de Crédito de Bolivia, Banco Fortaleza, Banco de la Nación Argentina, Banco Nacional de Bolivia, Cooperativa de Ahorro y Credito Abierta San Jose de Punata Ltda.

DATE OF THE EVENT:

  • 14-18th of March

TOTAL NUMBER OF CHILDREN AND YOUTH ENGAGED:

  • 9 620

TOTAL INDIRECT REACHED:

  • 15 000

The Association of Private Banks of Bolivia led the celebrations of Global Money Week 2016. Bolivia's interpretation of the GMW theme "Take Part. Save Smart!" emphasized the importance of the family and provided parents with the needed skills to instill good financial values in their children.

The leading organisation celebrated with a financial education fair directed to heads of the household. The fair included several workshops, informative stands and an advising booth in which parents and their families could learn about the benefits of saving, consumer protection rights, how to use credit and other financial instruments.

We were very excited to see Global Money Week in Bolivia include parents, helping children and youth to build a better future for themselves.

2015 Bolivia Global Money Week

PARTICIPANTS:

DATE OF THE EVENT:

  • 17th of March

The Banking Association of Bolivia, in partnership with eleven of its member institutions, developed a series of activities for the celebration of Global Money Week in Bolivia. The GMW celebrations in Bolivia kicked off with the annual Credit Fair, which was organised by the Banking Association of Bolivia (ASOBAN). Activities included an interactive stand in which participants had the opportunity to learn the basic concepts of personal finance and acquired relevant skills to use while doing their financial planning. The stand placed particular importance on “goal setting” in respect to the process of financial planning, and also focused on how different products and services within the financial system can be of great help to achieve those goals.

During the fair, participants travelled down a specific route that was laid out to learn about credit, how credit can play an important role in developing one’s personal finances, how to use credit and the security measures that need to be taken into consideration when using credit. By the end of the route, the youth were able to learn more about their personal finances and other financial services by enjoying a guided visit to the website www.descubre.bo, an online platform for financial education sponsored by the ASOBAN.

Additionally, youth took part in a series of workshops focusing on the importance of goal setting, savings and general knowledge about the financial system of Bolivia.