The Financial Literacy Initiative and the alliance Namibia Housing Action Group and Shack Dwellers Federation of Namibia signs MoU
Namibia Housing Action Group (NHAG) and the Shack Dwellers Federation of Namibia (SDFN) Alliance signed an MOU on the 11 February 2016 whereby they agree to partner with the Financial Literacy Initiative (FLI) in order to educate their members on financial literacy. The alliance’s mandate is not only to improve living conditions by providing affordable land tenure and housing but also to empower and support low income communities to improve their financial situation. SDFN assist members with small business loans to start and develop businesses in order to increase their incomes. The SDFN saw a need to improve business skills of the members and subsequently their Patron Madame Monica Geingos, the First Lady of the Republic of Namibia introduced FLI to the SDFN. Following the first training workshop they decided to become a platform supporter of the FLI. Through this cooperation, the SDFN aimed to bring financial literacy and businesss skills to more households in the ...