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A 2006 report from the Central Bank of Nigeria estimated that 75 percent of economically active Nigerians did not have access to banks and other financial institutions.
The life expectancy in Nigeria is 47 years old
Over 25 percent of Nigerian children are underweight
62 percent of Nigerians live on less than $1.25 a day.
Poverty is everywhere and the most potent weapon against it is financial empowerment. Saving for the future is also a way of staying out of debt or getting into financial difficulties of any kind,One of the most important and necessary things one can do for one’s financial wellbeing is to start saving. Once the habit is instiled it automatically develops and becomes much easier for a person to save on a regular basis.
Financial empowerment has become a significant topic of discussion in regards to development and economy.The entire nations,businesses,communities and groups can benefit from the implementation of programs and policies that adopt the notion of financial empowerment
OBJECTIVES:
- Providing an intensive level of support to our member experiencing financial crisis
Introducing participants to concept,program,methodologies and best practices adaptable to their respective business.
- Providing assistance on the basis of objectives set by our member.The objectives to be realistic,measurable and capable of attainment.
- Encourages our member to gain the skills and knowledge that will allow them develop within themselves or in the society.
- The Cookey Franklins Foundation has structured its financial empowerment programme to enable communities and individuals to increase their income and improve their standard of living. The programme seeks to promote entrepreneurship, enhance access to productive resources, and build the capacity required for participation in the local economy.
- It really makes no difference whatsoever how much money you make in life, if you’re not saving a portion of it for your future needs. All the great wealth builders out there that have built and kept their wealth have been and are great savers.
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