Our Heart of Experian Social Responsibility programme aims to foster financial inclusion, promote financial education and support young people and small business entrepreneurs. The Manage Your Future Now Project – working in collaboration with the United Nations Development Programme (UNDP), Credit Bureau of Turkey (KKB) and Habitat Center for Development and Governance – aims to achieve all three, promoting financial awareness and education to 18 to 30 year olds and small businesses.
The first phase of the project was aimed at university and high school students, as well as youth representatives from NGOs and local communities. Its purpose was to develop their understanding of budget planning, responsible borrowing and the risks of being in debt. To date, the project has reached over 4,000 young people from 23 cities across Turkey.
The second phase, completed this year, trained small businesses and entrepreneurs in strategies for financial growth, financial management training, how to interact with the finance sector and learning how to manage credit risk and access to finance. The training was received by over 200 SMEs across four of the largest cities in Turkey.
For both phases, our volunteer employees facilitated ‘train the trainer’ workshops for participants. These new trainers cascaded the learning to their peers, via their own workshops. Participants therefore improved both their financial acumen and their organisational and presentation skills, giving them capabilities that will be valuable in the future.
The successful completion of Manage Your Future Now in Turkey has encouraged us to agree to further pilot training programmes with the UNDP in other countries in Europe, the Middle East and Africa over the coming year.