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Changing lives through financial inclusion

The ASISA Foundation initiates and implements meaningful consumer financial literacy and education initiatives targetting South Africa’s most vulnerable groups on behalf of the savings and investment industry.

The aim is to influence a change in behaviour through the transfer of knowledge and skills development, thereby helping historically disadvantaged groups to manage their financial affairs more appropriately.

The desired outcome is to reduce the vulnerability of these consumers by empowering them to make appropriate financial decisions, enabling greater economic participation.

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Johannesburg stakeholder event

Sharing progress on the implementation of the programmes with beneficiaries, funders and other stakeholders

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Cape Town stakeholder event

A gathering of stakeholders and interested parties interacting with the ASISA Foundation to receive feedback on programme implementation and to help to strategically refocus the Foundation.

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WageWise workshop participants

Shifting levels of financial literacy with a range of participants using workbooks in interactive workshops.

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L+EARN TVET college workshops

Helping tertiary students understand and take control of their current and future finances

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NEHAWU Retirement Fund Trustee delegates

Helping pension fund trustees better understand their responsibilities and empowering them to represent their member needs

Funding & benefits

The ASISA Foundation structure facilitates a simple and cost-effective vehicle to enable members to comply with the Financial Sector Codes (FSC) requirements to spend 0.4%-0.5% of NPAT on CFE. Grant contributions / donations made to support Consumer Financial Education (CFE) or Socio-Economic Development (SED) will facilitate immediate 100% FSC points scoring.

Impact

The reach of the ASISA Foundation since inception in 2013 stands at almost 47 000 beneficiaries across the various programmes

Funders, and independent donors

Click below to view our full list of funders

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