UK’s Department for International Development (DFID) is to fund a Rwf395m (£399,902) financial education project in primary and secondary schools. The project will be undertaken by the Association of Micro Finance Institutions in Rwanda (AMIR) and the Ministry of Education. AMIR said in a statement that the programme targets over 30,000 primary and secondary students in the pilot phase. It added that the money was part of the Rwf11.7b (£11.9m) DFID donation for 26 innovative projects in education across the country. DFID’s Mike Hammond said the initiative would enhance student’s capabilities in education and financial literacy. “These young boys and girls will play a pivotal role in the future sustainability of Rwanda,” he said. The beneficiaries will also be linked to micro-finance institutions to open up savings accounts. The first group will start training on May 15 in Huye district.
