Global Money Week

2017 Colombia Global Money Week

Leading Organizations:
Banca de las Oportunidades
Banco de la República
Ministerio de Educación Nacional
Fundación PLAN
Autorregulador del Mercado de Valores
Fasecolda
Asociación Bancaria y De Entidades Financieras De Colombia

Participating Organizations:
Banco Mundo Mujer
Concentracion Simon Araujo
l Gimnacio Modelo Del Saber
I.E. Francisco De Paula Santander
Institución Educativa Almirante Padilla
Institucion Educativa El Carmen
Institución Educativa Las Lajas
Institucion Educativa Nazaret
Juanita Garcia Manjarrez
Plaza Sesamo
Secretaría De Educación Minicipal
Alianza Fiduciaria
Amv
Bancamía
Banco Agrario
Banco Bbva
Banco Cooperativo Coopcentral
Banco Corficolombiana
Banco Corpbanca
Banco Davivienda
Banco De Bogota
Banco Finagro
Banco Procredit
Bancolombia
Bancompartir
Bancoomeva
Concentración De Desarrollo Rural
Cooperativa De Comerciantes Comerciacoop
Múltiples De Mogotes – Servimcoop
Cooptenjo
Fasecolda
Fiduciaria Central
Fiduciaria De Occidente
Fundación Amanecer
Fundación Mario Santo Domingo
Fundación Plan
Casita De La Sabiduria
Ce Venadillo
Colegio "La Salle"
Crearte
Eucaristico
Intitucion Educativa San Jose De Orito Sede Nueva Colombia
Liceo Moderno Del Caribe
Liceo Panamericano
Pre-Universidad
Sagrado Corazon De Jesus
San Juan Bautista
anta Rosa De Lima
Simon Araujo
Alfonso Lopez Pumarejo
Alta Campana
Alto Cauca
Alto Peñas Blancas
Bernardo Arias Trujillo
Cooperativa De, Comerciantes
Cooperativa De Servicios
El Tambo
Fermin Lopez
142 schools and educational centers.

Number of children reached directly: 161 053
Number of children reached Indirectly: 1 019 342

As part of the GMW 2017 celebration, more than 450 activities were carried out throughout Colombia such as plays, videos, forums, workshops, interactive talks, storytelling, games, painting, interactive exhibitions, visits, contests and more, benefiting more than 161,000 children and youth. The activities took place in schools, universities and headquarters of financial and governmental entities throughout 28 regions in Colombia. All of these activities were built around the importance of the proper use of resources, the role of economics and finance in the daily life of children and young people, as well as highlighting the importance of healthy savings habits.

This initiative was coordinated by the Global Organizing Committee Money Week Colombia, a body that brings together public entities such as Bank of the Republic, Ministry of National Education and Banca de las Oportunidades, as well as private entities such Fundación PLAN, the Stock Market Regulator, the Federation of Colombian Insurers and the Banking and Financial Entities Association of Colombia.

The synergy that exists around the topics of Global Money Week allowed the committee to reach agreements on important issues for financial inclusion in line with CYFI. Several activities were carried out, and printed materials, digital activities, advertising strategies and even a website ( http://www.sabermassermas.com/gmwcolombia) was created to promote these topics within Colombia and to make several materials available free of charge, for all people wanting to join in the celebrations.

Following the trend of previous years, the "GMW Colombia" contest was once again initiated in 2017. This contest awards the entity that reaches the highest number of children during the Week, in order to promote the competition. Entities were awarded with a plaque and recognized via social media channels. The 2017 contest highlighted the press conference launch held in the framework of the First Asobancaria Sustainability Congress, with the presence of directors and managers of the entities that formed the organizing committee in Colombia.

Additionally, for the second consecutive year, a Regional Rally was organized in Latin America in which Colombia was an active participant. Organizations, associations, financial institutions, regulators and museums came together in Latin America to provide a competition via twitter, in which youngsters from 14 to 18 received clues about financial education, financial inclusion and entrepreneurship questions, which the youth had to complete in the shortest possible time to qualify for a prize.

The Rally was a great coordination effort, with eight participating organizations from the region: Asobanceria from Colombia, Child and Youth Finance International, Junior Achievement Americas, Amcham Foundation, Bancaribe, Central Bank of Chile, Pequeño Cerdo Capitalista and the Interactive Museum of Economics, which made it possible to link youth from Argentina, Chile, Colombia, Mexico, Paraguay and Venezuela.

During the dynamic, young people learned about the value of money, inflation, why to save for their goals, retirement and emergencies, economic citizenship and entrepreneurship in a unique and interactive way.


2016 Colombia Global Money Week

Leading Organizations:
Ministry of Education Autorregulador del Mercado de Valores de Colombia - AMV Asobancaria Banco de la República Banca de las Oportunidades Fundación Plan Fasecolda Ministerio de Educación de Colombia
Participating Organizations:
Fiduciaria Central, Fiduciaria de Occidente, SAI Seguridad, Seguros Bolivar, AFP Porvenir, AFP Colfondos, Grupo Corpbanca - Helm, BTG Pactual, Asofiduciarias, Asofondos, Banco Mundo Mujer, Bancompartir, Banco AV Villas, CorpBanca, BBVA COLOMBIA, Jóvenes por las Finanzas, BANCO AGRARIO DE COLOMBIA, FINAGRO, Bancolombia, Davivienda, Bancoomeva, Bancamía, CajaHonor, Fundación Amanecer, Superintendencia Financiera, Seguros Mundial, Financiera Comultrasan, Servimcoop, Contactar, Confincafe, Cooptenjo, Colegio Olga González, Casa de la Cultura (Casa Amarilla), Municipio de Bayunca, Universidad Tecnológica de Chocó, Organización de jóvenes primavera, Comunidad de Candelillas carretera, Comunidad Imbili, Comunidad Tangeral del Mira, Comunidad puertas del Sol, Junta communal Villa Rica, Monitores deportivos, Profesional de juventud de alcaldía Villa Rica, dpto Cauca, Comunidad de San Antonio (Jamundí), Comunidad el descanso, Comunidad Chilvi, Comunidad las Américas, Familias en Acción, Univalle, RCN, Publimetro, Portafolio, Colegio Liceo Patria Primaria y Bachillerato (Ejército Nacional de Colombia), Colegio Nuestra Señora de Fátima (Policía Nacional de Colombia), Colegio Armada Santa Fe de Bogotá (Armada Nacional de Colombia), Aflatoun, Coomuldesa (Aflatoun Partner)
Date of the event:
14th - 19th of March

Total number of children & youth engaged: 116 685
Total indirect reach: 5 572 107

To celebrate Global Money Week, the Ministry of Education specially developed school activities for the Week for 1st – 10th grade teachers. The Ministry wanted both students and the teachers to be more involved with Financial and Economic Education, and sought to increase awareness not only through math, but also through social studies and languages, as basic skills for financial education (such as smart decision making regarding management of natural and financial resources) can be developed through various academic areas. These activities were shared directly with the Secretary of Education of each department for wide circulation amongst schools. The GMW activities were also shared through the website “Red Maestros”, designed for teachers, as a useful tip for their classes.

Furthermore, various contests were organized by the GMW Colombia Committee, which consists of representatives from Banco de la República, Fundación Plan, Banca de las Oportunidades, Asobancaria, Ministerio de Educación, Fasecolda and AMV:

  • In December 2015, the committee organized a contest for the best slogan in Spanish for Global Money Week. There were two winners, one for the best slogan, #AhorroParaMiFuturo, which was used during the celebration, and the other for the most amount of “likes” on Facebook for the proposed slogan. Each winner was awarded a tablet, but the slogan winner also won a free course in personal finances from his ninth grade teachers and a savings workshop given by Banco de la República (the Central Bank).
  • Financial Education Rally with PQR codes
  • The Savings Board contest

A Mobile exhibition about the history of money and bills, as well as the history of entrepreneurs, from Santander, Colombia was also created, along with an exhibit /fair “Education and financial inclusion” with savings workshops for kids and educational material from different organizations that was organized in San Andrés, Colombia. Furthermore, children and youth took part in a “painting the savings landscape” activity, and made messages alluding to saving and saving smart, a walk was organized through the main streets to share these messages with the people around in the municipality of Turbaco.

"It is important to remember that education should be everyone’s commitment and that we are looking to coordinate efforts with national and international actors and organizations that understand the importance of economic and financial education in order to optimize resources and align initiatives that allow for the strengthening of their impact. Global Money Week is one part of this coordinated effort, in which all the organizations involved seek that all children can apply the knowledge they have acquired along with basic and citizenship skills to innovate and learn throughout their life for the development and update of their skills." Ministry of Education, Colombia
"Financial education is a key element in making informed financial decisions. If we manage to start financial education from an early age, children and young people people will develop self-protection and planning skills that will allow them to achieve their dreams."Jeannette Forigua, Presidente del Autorregulador del Mercado de Valores de Colombia

 

2015 Colombia Money Week

Date of the event:
4th – 17th of March
Number of children reached:
1 562 389
Leading organizations:
Banca de las Oportunidades Asobancaria Banco de la República de Colombia Fundación Plan Ministerio de Educación Nacional
Participant organizations:
Bancamía Banco Agrario Banco AV Villas Banco de Bogotá Banco de Occidente Banco Falabella Banco WWB Bancolombia Bancoomeva BBVA Cofincafé Colegio Tomás Rueda (IEDBogotá) Colegio José Joaquín Castro (IED- Bogotá) Colegio Juan Evangelista Gómez (IED- Bogotá) Colpatria Coofisam Coopcentral Cooptenjo Corficolombiana Corpbanca COFORDHE Consejo Mundial- WOCCU Crezcamos Davivienda Fasecolda Finagro Finamérica Fogafín Fundación de la Mujer Fundación Ecoempresas de Colombia Jóvenes por las Finanzas Liceo Lorens Microempresas de Colombia A.C. SENA – Centro de Servicios Financieros Servimcoop Superintendencia Financiera de Colombia

Global Money Week celebrations were led by Banca de las Oportunidades (BbO). BdO is the long-term policy program aimed at expanding access to financial services for the unbanked in Colombia, especially low-income families, micro and medium-sized enterprises and entrepreneurs. BdO, which is managed by Bancoldex, the Bank for Foreign Trade, in association with Banking Association (Asobancaria), the Central Bank of Colombia, and Plan International, organized a variety of activities all over the country.

The Central Bank of Colombia organized a workshop on coins and bank notes for children and youth. Similar workshops were also conducted in its 23 branches.

Asobancaria contributed to spread the messages of GMW values through a strong social media campaign. Asobancaria’s associate institutions took the financial inclusion and education messages to the next level by organizing hundreds of activities, including workshops, games, and visits to financial institutions among others.

BdO and Plan International put together a grand closing ceremony event. Universities, like the University of Groningen, and the Georgetown University, and other organizations such as UniSangil and Youth for Finance took part in a session dedicated to highlight success stories in financial inclusion and financial education.

 

Global Money Weeek 2015 en Colombia

Por tercer año en Colombia se celebró la semana de la inclusión y la educación financiera para niños, niñas y jóvenes. Las celebraciones contaron con el apoyo de entidades que ampliaron las regiones impactadas tradicionalmente, como fue el caso de Quibdó en el Chocó, Fredonia en Antioquia, Tenjo en Cundinamarca, entre otras regiones que se caracterizan por su alto componente de ruralidad.

Entre el 9 y el 15 de marzo se celebró la Semana Internacional de la Educación y la Inclusión Financiera de Niños, Niñas y Jóvenes en Colombia: ‘El futuro está en tus ahorros’, cuyo fin fue profundizar en la importancia del ahorro, el acceso a servicios financieros apropiados y una educación financiera de calidad. Global Money Week, como se conoce a esta iniciativa mundialmente. Este año la iniciativa fue coordinada en Colombia por Banca de las Oportunidades, con el apoyo del Banco de la República, Asobancaria, el Ministerio de Educación Nacional y la Fundación Plan.

El tema central de la semana fue ‘El futuro está en tus ahorros’, el cual se promovió por medio de diferentes eventos organizados por y en colegios, universidades, instituciones gubernamentales, instituciones financieras, miembros de la sociedad civil y comunidades de jóvenes activos en todo el mundo.

En 2015 se logró la participación de 1.562.389 niños, niñas y jóvenes en más de 120 municipios (administratives units). Niños y jóvenes participaron en las múltiples actividades educativas y recreativas que han fueron programadas entre el 9 y el 15 de marzo, en diferentes regiones del país. Se habilitaron colegios, aulas móviles, sedes bancarias, juegos en línea y material interactivo descargable en sitios web a través del cual hubo intercambio de mensajes y chats alusivos al fomento del ahorro.

La agenda de la semana incluyó cine, videos, foros, talleres, charlas lúdicas, lectura de cuentos, juegos, pintura, exhibiciones interactivas, visitas, concursos, entre otras actividades.

Estos eventos estuvieron al alcance de niños, niñas y jóvenes en diferentes ciudades del país: Bogotá, Cali, Medellín, Buenaventura, Barranquilla, Cartagena, Pasto, Manizales, Santa Marta, Valledupar, Ibagué Pacho, Subachoque, La Mesa, Amagá Antioquia, Andes, Ciudad Bolívar (Antioquia), Jardín, Anserma, Neira, Riosucio, Caldas, Manzanares, Salamina, Obando y Santander de Quilichao, Chicoral, Baranoa, Tumaco, Mariquita y Chiquinquirá, Rionegro, El Bagre, Cereté, Sincelejo, Sogamoso, San Vicente del Chucurí, Villavicencio, Quibdó, entre otros.

Una de las principales actividades fue el “Taller de experiencias en el diseño de programas de educación financiera para niños y jóvenes”, que estuvo a cargo de Banca de las Oportunidades y el comité Organizador. El evento se llevó a cabo el viernes 13 de marzo en el que se contó con la participación de expertos internacionales y testimonios de jóvenes beneficiarios de programas de educación financiera, en el marco del evento el Ministerio de Educación Nacional lanzó: “Pioneros del Programa de Educación Económica y Financiera”, se presentó la iniciativa propuesta por Child and Youth Finance International de SchoolBank y se presentaron los resultados preliminares del estudio cualitativo de inclusión financiera para los jóvenes de la provincia del sur de Santander.

Finalmente el Banco de la República presentó el nuevo taller de billetes y monedas para niños y niñas y que se realizó en las 29 casas de cultura del país, durante la semana.

"Este programa acercará a niños, niñas y jóvenes a conceptos que les ayudará a administrar mejor sus recursos y a planear su vida futura [...]”.

Juan Pablo Zárate, Codirector del Banco de la República.

“El reto que tenemos es lograr que todos colombianos sean personas financieramente educadas, con capacidad de tomar buenas decisiones financieras en cualquier etapa de su vida y de desarrollar hábitos responsables que mejoren su bienestar y calidad de vida.”

Santiago Castro, Presidente de Asobancaria

“Iniciativas como el Global Money Week cobran relevancia en un esfuerzo conjunto del sector público y privado en pensar la educación financiera en torno a los niños y adolescentes, como actores de cambio y futuro de las naciones”.

Juliana Álvarez Gallego, Directora de Banca de las Oportunidades

“Desde Plan nos unimos al GMW porque estamos convencidos de que es muy importante brindarle a niños, niñas, adolescentes y jóvenes herramientas en el tema de educación financiera que les permita, la inclusión económica desde muy temprana edad y así cerrar brechas de desigualdad social”.

Gabriela Bucher Balcázar, Presidenta Ejecutiva de la Fundación Plan

 

2014 Colombia Money Week

Participants:
Asobancaria SENA Dividendo por Colombia Banca de las Oportunidades Save the Children Children International
Date of the event:
10th – 15th of March
Number of children reached:
483 635
Press:
Canal RCN Canal Uno La República El Periódico La Cariñosa Vanguardia Semana Mutuum

After a very exciting first experience in 2013, Colombia joined Child and Youth Finance International for the 2014 Global Money Week. This year´s main theme was “what do children and youth want for their future?”, which included topics about why they should save, opportunities that banks could offer to children and youth, positive and negative consequences of handling money and recommendations for decision makers.

The 2014 organizing committee was led by Asobancaria and made up by SENA, Dividendo por Colombia, Banca de las Oportunidades and Save the Children. In addition, they had the participation of 17 of the most important commercial banks, other institutions such as Banco de la República, Superintendencia Financiera de Colombia, Fasecolda, Fogafin, Mastercard and Credibanco, 82 schools and 2 universities. The schedule of activities for the Global Money Week this year was quite diverse and exciting and included financial education workshops at schools, plays and games about the importance of savings, visits to the interactive money museum, storytelling, dramas, and workshops with the materials that the committee has developed. Children and youth visited banks around the country and had the opportunity to talk about savings and to learn how to save for their future. Additionally, they talked about money and its different functions. They were also involved in entertaining initiatives such as theater and games to discuss the savings and their importance. Some institutions gave out piggy banks and all of them used their social media networks (such as Facebook and Twitter) to reach children and youth through shareable financial education content.

Financial education has been definitively enriched by what we all know by now as Edutainment. The organizing committee of Global Money week in Colombia planned a series of fun activities to teach children and youth about the importance of becoming financially fit. The youth learnt through workshops about investment where they were especially interested in the capital market and the different way they can invest. The younger children had fun learning about savings in a mobile classroom. They rode around the city in a bus making their own their own piggy banks.

In Cartagena, over 250 children and youth visited the Banco Caja Social to learn about the banking system and to open their personal savings accounts. A group of youth also participated in the International Aflatoun Skype call in which they exchanged experiences with youth from Guatemala and children from Surinam. In order to promote their financial enterprise, eight youth made a video explaining how they save money through a communal garden. Lastly, a group of over 100 children, youth and adults painted a mural in their community to promote savings and environmental protection.

In Barranquilla, youth participated in the International Aflatoun Skype call, painted a mural in promotion of Aflatoun and savings, and hosted an enterprise workshop in which youth shared their enterprises with peers in their communities in order to spark their entrepreneurial spirit and motivate them to save. The field office also hosted a March of Colors in which 230 youth participated. The purpose of the march was to promote the Aflatoun program and the importance of savings within the community.

 

2013 Colombia Money Week

Name of organizing entity
Central bank of Colombia
Participating organizations
Banco Agrario de Colombia, Corficolombiana, Finamérica, Bancolombia, Helm Bank, Banco de Bogotá, Citibank, Davivienda
Date of the event
15th and 16th of March
Number of children reached
41 000

In Colombia, the celebration was being led and coordinated by Banco de la República, along with Child and Youth Finance International, Save the Children, SENA, Asobancaria, and the Finanzas para el Cambio program. In addition, the national initiative had the support of 16 institutions in the public and private sectors.

This initiative is being recognized and supported by world leaders and major organizations, such as the UN Secretary General, Ban Ki-Moon, President of the European Council, Herman Achille van Rompuy, and Mexican Presidency of the G-20. More than 41000 children and youth in 29 cities across the country participated simultaneously in various educational and recreational activities alluding saving, such as workshops, theatrical plays, storytellers, graffiti artists, music and dance groups, cinema forums, workshops on the elaboration of piggy and competitions regarding this important topic. Events were held in schools, shopping centers, private sector banks branches and cultural agencies of Banco de la República across the country.

Brian S.E. Mosquera, age 10, shared his experience as a participant in a workshop: “I am excited because Bancolombia came to school today and that bank is good because you can save money and record many checks.” To children and youth had the opportunity to open bank accounts with an opening amount of 0 pesos, retaining their commitment to financial inclusion. A Savings Bank was open in classroom where students from 9th grade started saving coins daily receiving a certificate of each deposit. Rodolfo the mascot of the Bank also took part in the celebrations by teaching children and youth about counterfeit money.

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