Sparkassenstiftung joins students to mark World Savings Day in Accra

Sparkassenstiftung fur international Kooperation, a German development organization in collaboration with Jireh Microfinance has marked the 2019 World Savings Day with students of the Kokomlemle Cluster of School in Accra.

Employees of the organization engaged students of the school to educate them on the essence of forming good savings habit.

The programme which was on the theme,” Inculcating the savings culture in kids,” which falls on the 31st of October, sought to make children financially responsible as they journey into adulthood to take up national and community responsibilities.

In his address, the Sparkassenstiftung representative in Liberia, Mr. Baboucarr Jeng, observed that it was necessary for the children to believe in themselves.

Mr. Jeng said as every society was working towards creating a financially inclusive society, that drive would not be complete without inculcating the habit of saving, particularly the young people who were the future generation.

“Therefore, inculcating the habit of savings at an early age would lead to a better and more secure future because the public financial system would be passed unto you,” he asserted.

He added that “it’s of the reason why Sparkassenstiftung in partnership with Jireh Microfinance has decided to open a saving account for these young ones in order to help start saving”.

A representative of the German Ambassador to Ghana, Ms Daniela Krieger, said the political priority of the German Development Corporation was targeted at five areas which were people, planet, prosperity, peace and partnership.

“And that it is only together that we the people can guarantee a prosperous future for all of us, preserve our planet and secure peace for people,” he said.

Ms. Krieger informed that one of the key goals of German development cooperation with Ghana was to promote sustainable development in Ghana.
‘’Developing the economy is the prerequisite for creating jobs especially for young people, and therefore enabling the people to make a living and to contribute to society," according to her.

For her part, Director of Pre-Tertiary Education, Madam Catherine Appiah-Pinkrah lauded organizers for the holistic programme, saying, “And as you are aware, we are touching on every important aspect of education so that when they join the world of work, they would be well packaged to face the world.

‘…We’re making sure that they become responsible, self-reliant and self-sufficient, and this is the best time to inculcate all these values in them so they know the importance of savings.”

Sparkassenstiftung is a German development organization in Ghana working to promote the German Savings experience in financial institutions in developing and transition countries.