Saturday 26th October 2013 saw Huys Link Community Initiative (HUYSLINCI) host her partners, Barclays Bank Ltd for a youth financial literacy seminar. Youth that participated in the seminar were majorly from the HUYSLINCI vocational training centre including those from tailoring and garment cutting, hairdressing, home economics, carpentry, computer and music departments.
Speaking at the seminar, Mr. Moses Matovu, the Executive Director of HUYSLINCI thanked Barclays bank for coming up with the programme saying that such constructive partnerships were healthy in grooming a constructive league of youth and the community at large. Moses highlighted the areas for HUYSLINCI’s focus and asked Barclays to collaborate with HUYSLINCI in several other ways and to count the engagement as the first encounter and not the last. He expressed willingness and hope for many other joint community activities with them.
In her communication, Ms. Margret Tumwine, the clearing officer in the payments department and leader of the team from Barclays Bank appreciated HUYSLINCI for accepting the collaboration saying that, the activity was part of their corporate social responsibility (CSR). This “Make a difference day” according to Barclays bank was meant to equip youth with key entrepreneurial skills and to give them basics of financial literacy. “This whole idea is contributing towards our aim of ‘helping change 5 million young futures by 2015’ ” Margret emphasized.
The 12 member team from Barclays bank discussed several themes related to income, expenditure, savings, how savings are made, the utilisation of savings and the modalities of starting up a business cheaply but sustainably, among other things. This was done through group discussions that brought the facilitators closer to the participants, a thing that did not only melt out fears and anxiety among participants but also enabled Barclays to identify participants’ knowledge about the themes and to productively build on it to address their knowledge needs.
Youth were encouraged to endure the initial pain by sacrificing their luxuries, save, invest and consistently remain focused until the realization of their goals.
Barclays bank promised to organise another engagement with HUYSLINCI next year which shall specifically empower youth with practical business skills.
The seminar that was spiced up by music and dance performances by participants and moderated by Mr. Edward Mulumba of HUYSLINCI, ended with Barclays Bank handing over (small) money saving boxes to all who attended.