In July 2013 Alyna Wyatt and Caitlin Smit from Genesis delivered a presentation to the National Consumer Financial Education Committee, which is made up of representatives from National Treasury, the Financial Services Board, the banking services and credit ombudsmen, and various education institutions and NGOs.
Alyna and Caitlin form part of the Genesis team that is responsible for the design and evaluation of projects that aim to improve the financial literacy and capability of consumers. Their presentation included an overview of global best practices in the design and implementation of financial education programmes in the context of a study they completed for FinMark Trust. The study evaluated and provided recommendations for a financial education strategy for SaveAct, an NGO that facilitates 20 000 savings and credit groups in rural and periurban communities in KwaZulu Natal and Eastern Cape.
To read about these best practices and the SaveAct project please see http://www.finmark.org.za/publication/financialeducationtoolkitunabridged/