M-Shule Stories
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M-Shule Stories

Combating Financial Illiteracy, One SMS at a Time

  • Woman and people living in poverty have lower levels of financial literacy: Rates of financial literacy differ across a wide range of characteristics, including gender, level of education, and income. While 35% of men around the world are financially literate, only 30% of women can be classified as having basic financial literacy skills.
  • Many people who use financial products and services are not equipped with the skills necessary to derive optimal value from them: When people are not empowered with the knowledge needed to use financial products or services, they are at risk of experiencing a financial disaster, including amassing high levels of debt and insolvency.



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Sara Cohen

Expert instructional designer with a background in creating impact-oriented content across East Africa.