Financial Literacy Training and Entrepreneurship Program (FLEET) for Youths and Women
The objective of the Project.
The overall purpose of the project is to respond to the problem of poverty, gender inequality, and unemployment in Nigeria by providing training and capacity-building interventions in financial literacy and entrepreneurship development to 2100 Nigerian women and youths.
The project will also provide “train-the-trainer” capacity building to about 300 Youth Corps Members (From the NYSC Scheme) who will assist in training youths and women in their respective places of primary assignment (spread across the 36 States in Nigeria, including FCT).
The project represents youths and women-specific initiatives to address gender inequalities in the small enterprise sector and proffers solutions to youths’ unemployment in Nigeria and Liberia.
At the end of the project, we envisage that within one year, about 2,100 Nigerian youths and women would have acquired the financial literacy, vocational and entrepreneurial skills needed to be self-employed and to create sustainable employment for others within the first year.
Humanity & Health Foundation proposed plan is a twelve-month intervention program that will be conducted in three phases outlined below:
a) Conduct a 5 Day Train-the-Trainer Capacity building for 300 National Youth Corps Members, selected from the Five geopolitical zones in Nigeria and the Federal Capital Territory (FCT).
b) Conduct 5 Days Pilot Training Programs in 4 locations in the FCT, Abuja for selected youths and women within the poor and disadvantaged environment.
a) HHF will work with the selected “Train the Trainer” selected Youth Corps Members to conduct (FLEET) programs for youths and women at their respective places of primary assignments.
b) The HHF team will organize the Financial Literacy and Entrepreneurship Training (FLEET) program in the six geopolitical zones (FCT, Oyo State (Ibadan) Benue State (Makurdi) Cross River State (Calabar), Abia State (Aba), Adamawa State (Yola) in Nigeria.
a) Monitor and Evaluation. At the end of each training session, HHF will carry out an outcome evaluation survey and questioner to measure the impacts of the intervention on the participants.
In partnership with respective local, state, and international agencies, this intervention is expected to:
● Train 300 Youth Corps Members from selected geolocation zones of NYSC as facilitators for the training program, within the first year
● Train at least 2100 youths and women drawn from the six geopolitical zones
● Establish an ongoing bi-monthly mentorship and an annual online training refresher program for all participants.
● Introduce as an incentive a cash grant loan program for business start-ups. Recipients will be required to meet the following criteria:
o Full attendance and participation in the (FLEET) program
o Gender: Female, and disadvantaged youths
o Resides within or will be relocated a disadvantaged target location
Associated United Nations Sustainable Global Goals:
o Goal 1. Target 1.1: Eradicate Extreme Poverty
o Goal 1. Target 1.1: Equal Rights to ownership, Basic Services, Technology, and Economic Resources
o Goal 1. Target 1.B: Create a pro-poor gender-sensitive policy framework
o Goal 2. Target 2.3: Double the productivity and incomes of small-scale food producers
o Goal 4. Target 4.3: Increase the number of people with relevant skills for financial success
o Goal 4. Target 4: 7: Education for sustainable development and Global Citizenship
o Goal 8. Target 8.1: Sustainable Economic Growth
o Goal 8. Target 8.6: Promote Youth employment, education, and training
o Goals10. Target 10.1: Reduce Income Inequalities