By Bongiwe Mafuya
Project Hollard

1. ENJOYED SECTIONS The most enjoyed modules were banking , saving , investments and retirement. The trained people are people working on contract on community projects lasting from 6 months to a year so they don't consider saving , investment and retiment preparations as their options but for people earning real money not stipend as they do . They normally open savings accounts for their wages whuch they dont fully understand what they're paying towards it as it's the only option given to them by bank consultants , they don't know how to read tjeir statements for them statements is for checking if theyve been payed month end . Coming to bank services they're not aware and this training have given them information on how banks operates. Investment and preparing fir retirement is not even an option for them but after this training they think better , the other issue raised by them is they over invest on stokvels which they end up not getting anything as they fail to pay montly contributions or they've loaned from the stokcel and can't pay back . CHALLENGING SESSION BUDGET This was the most challenging for them as they refer to their grocery list as budget and as we were doing the budget they were forced to face reality and be honest with themselves most of them find out they're left with nothing from their wages . It took us for a long period to finish this section as they're required to excercise this and most of them are illiterate so they loose interest but doing doing rounds helping them individually helped them at the end they so the importance and they were enthusiastic and prepared to sgare this with their families . IMPACT These candidates they now know bank procedures , what to expect when visiting bank branches, which account is suitable for them , they'll start saving and investing tiwards their kids education and are prepared to go take out retirement products suitable for them. When lending they'll be lending responsible aware of the interest to be paid what other options the have . From noe on they'll be saving for the future .