4 October 2012

Rwanda: Financial Literacy Game Launched in Schools

Visa Inc. and the government of Rwanda on Wednesday officially launched financial literacy in schools across the country dubbed 'Visa Financial Football game.'

Financial Football is a free computer game that combines the world's most popular sport with a financial literacy curriculum developed especially for Rwanda. The interactive game provides essential information on personal financial management.

Pichette Kampeta Sayinzoga, the permanent secretary at the ministry of finance and economic planning, explained that it is in line with the government's commitment to increase financial literacy and to make children familiar with managerial skills at an early age so that they can be able to manage little resources they have and preparing them to be financial literate in the future.

"The idea is that students should understand that managing money doesn't start when you are adult - it's starts when you are a young person and the real message is to get information about financial literacy, what is to have an account, have a loan, how to use an ATM card and the message is really to say that you can learn while having a fun," she explained.

The PS was talking to journalist on Wednesday after officially launching the Visa Financial Football game at Lycee de Kigali. The same campaign is to be undertaken throughout the country in both.

The game, which will be distributed for free in public and private schools, is available in both Kinyarwanda and English. Ginger Baker, managing director of Visa Rwanda, expressed his excitement to introduce the Financial Football game in Rwanda given that access to financial services is essential for economic progress.

"We hope this game will bear tangible results for financial access in Rwanda, empowering young people to tackle real-life personal finance situations with confidence," he said.

Accessible at www.rwanda.financialfootball.com, the game challenges players on their level of financial literacy through a set of multiple choice questions. The questions cover a wide range of topics including saving, budgeting, setting financial goals and what to do in the event of losing a bank card.

The Financial Football game is part of a nation-wide financial literacy program announced last year in December by Visa and the government of Rwanda in a bid to develop a wide range of solutions of electronic financial services in the country.

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