SME As The Focus For Financial Literacy Initiative

"The Number One Problem with Today’s Generation and Economy Is the Lack of Financial Literacy." — Alan Greenspan

Growing the Movement Since 2013

Since its first anniversary celebration on 15 March 2013, the FLI has been actively expanding its reach, focusing especially on:
  • Micro Enterprises
  • Small and Medium Enterprises (SMEs)
  • Young entrepreneurs
  • Community-level financial awareness
Empowering MSMEs Through Training
One of FLI's core educational tools has been training programs for MSMEs (Micro, Small and Medium Enterprises). Through its various outreach activities:
  • Over 1,000 micro-enterprises have already received training
  • The goal is to improve financial and money management skills at the grassroots level
Partnership for Impact
FLI partnered with SME Compete to launch a Training-of-Trainers Programme. This allows trained SMEs to:
  • Travel to different regions of Namibia
  • Train other micro enterprises on basic financial management
  • Share real-life financial strategies for sustainable business growth
  • Surrender Charges and Fees: Early withdrawals are often subject to administrative or surrender charges, reducing the actual amount you receive.
Feedback from the field: Micro-enterprises view the training as beneficial, calling it the light needed to grow their businesses.
Upgrading the Training Manual
To strengthen its impact on the SME sector:
  • FLI is currently working with SME Compete to develop a new training manual specifically tailored for the SME segment.
  • This manual will address real-world challenges and provide practical financial tools.
Goal: Reach more SMEs in need of financial knowledge and help them build sustainable businesses.
By expanding its curriculum and leveraging partnerships, the Financial Literacy Initiative continues its mission to build a financially literate Namibia, one business at a time.
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