Donor:

The Safer Migration Project (SaMi) is a bilateral initiative of the Government of Nepal and Switzerland. The project is implemented through a partnership between the Ministry of Labour, Employment and Social Security (MoLESS), HELVETAS Swiss Interco operation Nepal as a technical assistance provider, the Foreign Employment Board (FEB) and selected local government

 

Project Component:

DEPROSC-Nepal is partnering with SaMi/HELVETAS to provide technical support in financial literacy which aims remittance receiving household member to enable them to take informed decisions on remittance receiving, savings generation, better utilization of remittance and invest for the productive sector for future

 

Project Area:

The financial literacy component is being implemented in 39 districts targeting 15,600 beneficiaries in the year first.

 

Target Group:

The target group of financial literacy component is composed of the families of migrants who receive remittances. The participants are primarily wives, mother or fathers of migrant workers

 

Project Activities & Achievements:

  • Printing of participants handbook (Financial Literacy Module)
  • ToT manual development for FLF & Printing
  • Designing and printing of booklets on Financial Literacy
  • Flex print set development and printing (a set of 19 flex)
  • Beneficiaries selection criteria development
  • Class management committee formation guideline development
  • Beneficiaries household visit monitoring checklist development
  • Passbook designing & Printing
  • Baseline form Printing
  • 8 days MToT training to financial literacy facilitators
  • Monitoring Plan development
  • Quarterly review meeting with SaMi
  • Monthly, Semi-annual and Annual reporting
  • Beneficiaries selection
  • Class management committee formation
  • Baseline survey
  • Preparation of Baseline report
  • Running of financial literacy classes
  • Coordination and liaison with microfinance institutions, remittance handling institutions and insurance companies
  • End line survey
  • Preparation of end-line report
  • Mapping of Coops for financial literacy orientation
  • Financial literacy orientation to local cooperatives
  • Post literacy survey
  • Preparation of post literacy (Follow up) survey
  • Coordination and coaching to local service providers
  • Beneficiaries Identification & Selection
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