Financial Literacy in Marginalised Communities Erasmus Project

Project Title

Financial Literacy in Marginalised Communities

Project Key Action

This project related with these key action: Cooperation for innovation and the exchange of good practices

Project Action Type

This project related with this action type : Strategic Partnerships for adult education

Project Call Year

This project’s Call Year is 2018

Project Topics

This project is related with these Project Topics: Social entrepreneurship / social innovation; New innovative curricula/educational methods/development of training courses; Migrants’ issues

Project Summary

This project was addressed towards increasing the financial literacy of marginalised communities who are at an increased disadvantage due to their comparatively low level of financial literacy and the way in which this is translates into daily life.

Financial literacy is defined as: “a combination of awareness, knowledge, skill, attitude and behaviour necessary to make sound financial decisions and ultimately achieve individual financial well-being.”

The aim of this project was to increase the target groups’ capacity to cope with the demands of life financially, in a different culture, with minimal support networks, and to enable them to increase their financial literacy through a series of interactive activities, outputs and extensive dissemination activities.

The projects achievements are the successful development of the following innovative outputs:
– Handbook/Guide on the Relationship Between Financial Literacy and the Cultural Aspects of Marginalised Communities
– Framework for Financial Literacy Curriculum
– e-Course on Financial Literacy for Marginalised Communities
– Project Website (http://flimco.erasmus.site)
– Social Media channels of the project (Facebook and Youtube)
– 2 leaflets in all partner languages (12 leaflets in total)
– 3 e-bulletins in all partner languages (18 e-bulletins in total)
– 6 newsletters in all partner languages (36 newsletters in total)
– 10 promotional videos in all partner languages (50 videos in total)
– 118 stakeholders from within the target groups directly engaged with project outputs and testing phase
– 251 attendees at 5 multiplier events across Europe promoting the project
– around 50,000 wider relevant stakeholders reached through extensive dissemination and communication activities

Project Website

http://flimco.erasmus.site

EU Grant (Eur)

Funding of the project from EU: 191952 Eur

Project Coordinator

Eurospeak Language Schools Ltd & Country: UK

Project Partners

• SPES GMBH
• DANMAR COMPUTERS SP ZOO
• ACCION LABORAL PLATAFORMA PARA LA IMPLANTACION DE PROGRAMAS DE INCLUSION LABORAL EN COLECTIVOS DESFAVORECIDOS
• Essenia UETP – University and Enterprise Training Partnership s.r.l.