Financial Literacy & Inclusion
We promote financial literacy aimed at creating generational wealth
Learning Today. Securing Tomorrow. Creating Wealth Across Generations.
The Challenge
Poverty in Africa is complex and often misunderstood. This is because economist usually measure poverty using complicated economic models which average people cannot understand.
Nevertheless, poverty in many African countries is very common and manifests itself through:
• Millions of families who live in inadequate shelter and struggle to feed themselves
• Parents who can not afford to educate their children and procure quality health care services for their families
• Millions of mothers and children who die every year due to preventable illnesses
• Many small businesses which are initiated and fail within the first year of establishment (many which survive often stagnate/ never grow or expand)
Research shows this extreme poverty is caused (and perpetuated) by limited access to financial literacy. Unfortunately, financial literacy is rarely taught in our schools and very few instutionalized mechanisms have been established to address this gap across Uganda and Africa.
Our Response
To contribute towards poverty alleviation, Sensal Systems has developed a fully digitized academy for financial literacy and inclusion (AFLI). AFLI will enable Ugandans (and Africans) from different backgrounds to access knowledge and tools which will enable them to improve their planning for and achieve financial success.
Key topics which are covered in this training (and accompanied by digitized tools) include:
Understanding the benefits of financial literacy and inclusion
Planning for financial success
Budgeting and disciplined spending
Saving for financial success
Broadening investment opportunities
Financial Risk Management (including insurance)
Planning for retirement and old age
Our Learning Philosophy
We believe that financial
literacy can be learned by all.
Accessing the appropriate knowledge and tools is the first step towards achieving financial success and resilience – and – building generational wealth.
Interactive digital modules that go beyond theory.
Templates, calculators, and planning frameworks.
Peer learning and mentorship to reinforce knowledge.