Fintech company for the global majority, Tala, hosted another series of TALAkayan workshops in response to the need for stronger financial education in the country, particularly for the underbanked and underserved sectors.
According to a 2021 survey conducted by the Bangko Sentral ng Pilipinas, only two percent of Filipino respondents were able to answer six basic financial literacy questions correctly, underscoring the need to improve financial literacy.
Tala does its part in addressing the concern through a series of TALAkayan workshops in partnership with financial literacy advocate and money expert Salve Dupito where participants were taught about money management skills and financial tools.
For TALAkayan workshops, Tala utilized an interactive approach tailored to the needs of different audiences, including the CCT (conditional cash transfer) beneficiaries in Pasig City and women and mothers in Quezon City.
Aspiring entrepreneurs and micro, small, and medium enterprises (MSMEs) owners attended the 13th installment of TALAkayan workshop where Dupito talked about managing debt, basic concepts in investing, and how to start a business.
Meanwhile, Tala Philippines general manager Moritz Gastl highlighted how being aware about basic finance and budgeting concepts is key to better finances management.
“I cannot emphasize enough the importance of financial literacy and education in achieving your goals and unlocking your full potential,” Gastl added.
Apart from the educational financial literacy sessions, the TALAkayan workshops also hosted the “Panelong Diskarte” exhibit that showcased products from 17 homegrown brands and enterprises.
