Aspire Education Group Ltd - Erasmus+ Inspiring Inclusion 12 November 2019
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The Femenin project, funded by Erasmus+, aims to enhance financial and economic literacy among migrant women to promote their entrepreneurial inclusion in Europe. Over three years, it will develop various educational resources, including a curriculum, mobile apps, and a multilingual e-learning platform tailored to the needs of adult educators and migrant women. Project partners from multiple countries will support this initiative, focusing on practical financial skills and personal finance management.
Aspire Education Group Ltd - Erasmus+ Inspiring Inclusion 12 November 2019
- 2. Femenin • Erasmus+ Project: 2018-1-UK01- KA204-04823 • Financial & Economic Literacy of Migrant Women for Entrepreneurship Inclusion
- 3. Project Overview • What is the aim and the results of FEMENIN? • To support adult education teachers and trainers in Europe to provide high quality training and learning opportunities in Financial and Economic literacy to migrant women • This will be tailored to their needs and specifically designed to support their social and labour Inclusion through Entrepreneurship. • The 3 year project will develop Open Education Resources (OER), innovative learning and digital tools to improve the adult educator´s competences in teaching Financial and Economic literacy, numeracy and digital competences to migrant women.
- 4. Project Partners • The Financial & Economic Literacy for Migrant Women’s Entrepreneurship Inclusion project, or FEMENIN for short, is an Erasmus+ funded project coordinated by Aspire Education Group working in partnership with: • Infodef and La Bien Paga, Spain; • Innoquality Systems, Ireland; • CPIP Romania; Danmar Computers, Poland; • The Governorship of Istanbul, Turkey.
- 5. Results will be: • An ECVET (European Credit System for Vocational Education and Training) Curriculum and a set of Training Modules. • An Innovative Mobile Instructional Learning APP for adult educators and trainers • A multi-level Mobile learning App designed with migrant women • A Multilingual e-learning platform with innovative e-Learning courses and OER on ICT-based teaching methods • A Guide for validation, certification & accreditation of Financial and economic literacy education for migrant women in Europe
- 6. Building Learning Partnerships for Economic Development • International Consultancy • Supporting youth leadership in • education and enterprise • GEEDA (Gender Education & • Enterprise Development for Africa) • Education for Wealth Roundtables • SEN Pakistan • Diversity & Inclusion • BAME Schools & Family Programme • Blaksox Sponsor
- 7. Education to Wealth GAMBIA NIGERIA KENYA UGANDA
- 9. FEMENIN – Aspire Unit 4 –Financial & Economic Literacy Basic Skills • This unit provides students with opportunities to develop Personal Finance knowledge and skills and understand how to use them appropriately and effectively. • It will also help students develop and demonstrate a range of skills through their Personal Finance activities and studies. • Students will also be able to develop and demonstrate understanding of Personal Finance issues which may positively or negatively affect them.
- 11. Performance Criteria • The students can explain the basic concepts of financial and economic education and which is their main role in indicating and assessing basic financial needs, challenges and opportunities. • The students can recognise, select and explain how to manage money and to understand ideas on how to invest wisely. • The students can understand some basic financial and economic concepts and discuss their advantages and disadvantages. • The students can recognise the basic Skills for planning economic and financial futures.
- 12. Subject Areas • Where does your money go? (Income & Expenditure) – This unit allows tutors to work with learners to look at managing their money, in terms of both income and outlay, as well as achieving a record of all transactions. • Keeping Track of your Money (Budgeting and cash flow) – Where does a person’s money go? This unit allows tutors to work with learners on setting money aside in terms of savings, pension contributions, tax payments, National Insurance, as well as the day to day costs of living • Financial Planning for the Future – Tutors can use this unit to help learners plan for their future, both in personal terms but also in business planning as necessary. This includes aspects such as saving for a deposit, buying a house, taking out a mortgage or business loan. • Choices and managing financial risk (Financial products & services) – This area allows learners to focus on investing money in the safest way possible and minimising and managing risks in financial terms both short-term and long-term. • Exchange rates and Money Transfer – learners can use exchange rate conversions and understand associated terminology e.g. commission, exchange rate, currency in order to achieve positive financial outcomes when trading currencies
- 13. Benefits so far: • 3 Year Project • Familiar Partners • Financially Capable • Experience of Erasmus+ and Leonardo • Key Focus on Dissemination • Network of partners reaching migrant women in Europe
- 14. Aspire – Spreading the Good News • National Advisory Group – UK • Professor Tracey Reynolds, University of Greenwich • Women’s Resource Centre – 650 orgs with 4000 members across UK • NatWest Bank – Business advisor • Sonaaar – Digital platform connecting the pan- African diaspora • Wide Networking of Aspire Directors/European partners