MCF “MicroInvest” together with LLC MDO “Arvand” and the insurance сompany “Bima” held the event dedicated to the International Children’s Day!
On the 1st of June, 2016 MCF “MicroInvest” together with LLC MDO “Arvand” and the insurance company “Bima” held the event dedicated to the International Children’s Day within the framework of the program on financial literacy of population at the Physics and Mathematics Lyceum №1 named after academician M. Osimi.
During the event there were planned several contests for the students:
- Contest “Drawing on the asphalt” was organized for students of 5-6 grades in the yard of lyceum, where students tried to draw something that is near and dear to every person - home, own family and homeland.
- Quiz “Young fantasists” designed for students of 8th grade was lively, interesting and intellectually rich. The students responded to financial questions, decoded bank terms and did advanced economic calculations. The students pleasantly surprised the audience with their good knowledge.
- For students of 10-11 grades there was prepared a simulation game "Frenzy Money", the purpose of which was the formation of financial literacy among the students and smart use of money. During the game the students learned with various instruments and ways of payment, savings and deposits of money, insurance, tax, beneficial terms of buying and selling of movable and immovable property. As a result, the students learned how to use properly money and increase the equity. The game was very exciting and informative. All participants had a great time during the game.
At the end of the event all the students received the certificates and gifts, and for three active students the insurance company "Bima" has opened a deposit account. The school administration also was given memory gifts by the organizers.
The organizers received positive feedbacks from the students and school administration and were convinced that the students had an unforgettable day. As organizers shared, this event will help them to get prepared to the adult life and become financially literate and sustainable, spend wisely the money and make beneficial investment of their funds. Сonduction of such events allows the younger generation to be informed and make confident steps to the future! Because financial literacy is a main factor for financial sustainability of each person!