Module 5: Mobilizing Stakeholders and Building School-Based Financial Literacy Clubs
Introduction
One of the most powerful strategies to sustain financial literacy education in schools is by involving key stakeholders and establishing structured school-based financial literacy clubs. As a KAFI Changemaker, you are not only a trainer but also a mobilizer, someone who rallies students, teachers, parents, and community leaders around the cause of ending financial illiteracy in Africa.
This module teaches you how to engage school stakeholders and launch vibrant KAFI Financial Literacy Clubs that will keep students learning and practicing money skills beyond the classroom.
Learning Objectives
By the end of this module, you should be able to:
- Identify and engage key stakeholders within and around the school.
- Explain the purpose and benefits of KAFI Financial Literacy Clubs.
- Set up and manage a school-based financial literacy club.
- Plan activities, meetings, and projects that keep the club active.
- Inspire ownership of the club by school leaders and student champions.
Who Are the Stakeholders and Why Engage Them?
Stakeholders are individuals or groups whose support is essential to your success in the school. They include:
1. School Authorities
- Principals, Head Teachers, Vice Principals, Academic Coordinators
- Why they matter: They provide access, support, and endorsement.
2. Teachers
- Especially those in charge of clubs, civic education, social studies, business studies, or guidance and counseling.
- Why they matter: They can co-supervise and embed financial literacy into lessons.
3. Students
- Club members, class captains, prefects, student union leaders.
- Why they matter: They are your primary audience and potential peer ambassadors.
4. Parents/Guardians
- Why they matter: Reinforcement at home ensures the continuity of money habits.
5. Community Leaders and Local Influencers
- PTA executives, religious leaders, youth group leaders, NYSC Corps members, local business owners.
- Why they matter: They may sponsor prizes, support club projects, or spread the word.
Steps to Mobilize Stakeholders Effectively
Step 1: Schedule a Stakeholder Introduction Meeting
- Meet with the school head or principal and introduce yourself as a certified KAFI Changemaker.
- Present the vision of Kick Against Financial Illiteracy in Africa, with emphasis on school empowerment and sustainability.
- Show proof of curriculum, sample slides or books, and outline your plan to establish a Financial Literacy Club.
- Request their permission and support to begin mobilization and sessions.
Step 2: Identify a Teacher Sponsor or Club Patron
- Politely ask the school to assign a teacher to support you.
- Preferably choose someone passionate about student development or clubs.
- Agree on the meeting frequency and reporting channel.
Step 3: Host a Student Sensitization Session
- Organize a 30-minute fun, engaging introductory talk on the importance of financial literacy.
- Use relatable scenarios, videos, or performances.
- Present the idea of starting a KAFI Financial Literacy Club and explain what students will gain: skills, competitions, prizes, exposure, leadership.
Step 4: Launch the Club
- Choose a name (KAFI Club).
- Register interested students (between 20–50 is a good start).
- Appoint interim student leaders:
- President
- Vice President
- Secretary
- Timekeeper
- Treasurer
- Media/Publicity Officer
Structuring the Financial Literacy Club
Club Vision
To raise financially smart and responsible African youth who understand, apply, and teach money values for personal and community transformation.
Club Activities Could Include:
- Weekly or bi-weekly money lessons using KAFI materials.
- Monthly student-led presentations on money topics.
- Financial quizzes, debates, and spelling bees.
- Savings challenges with piggy banks or jars.
- Student business projects (e.g., soap making, crafts, snacks).
- Money movie days with financial discussions.
- Invite guest speakers (local business owners, digital money users, etc.).
Sample Weekly Meeting Format (1 Hour)
-
Welcome and Icebreaker (5–10 mins)
- Use chants, money riddles, or recap games.
-
Main Topic or Story (20–25 mins)
- From the KAFI Curriculum (e.g., “Why Save First Before Spending?”).
-
Activity or Group Discussion (15–20 mins)
- Roleplay, drawing, debates, or storytelling.
-
Wrap-up and Announcements (5–10 mins)
- Quote of the week, savings check-in, upcoming competitions.
Making the Club Engaging and Sustainable
To keep the club alive and exciting:
- Celebrate Wins: Give out “Smart Saver,” “Budget Boss,” or “Mini Entrepreneur” badges or certificates.
- Create a Club Journal: Let the secretary record key lessons and activities.
- Have a Club Slogan or Anthem: E.g.,
“I’m a KAFI Kid: Smart, Wise, and Financially Ready!” - Partner with Local NGOs, Banks, or FinTechs for club projects or sponsorships.
- Involve Parents: Through open days, newsletters, or take-home assignments.
- Encourage Peer Teaching: Students teaching other students increases retention.
Mobilizing External Stakeholders for Support
Engage community members who can support financially or in-kind:
- PTA Executives: Can approve club activities during school meetings.
- Local Businesses: May donate piggy banks, prizes, or materials.
- FinTech or Microfinance Banks: May host field trips or offer mentorship.
- Youth Organizations or Corpers: Can co-facilitate sessions or organize events.
When approaching them:
- Be clear about your goals.
- Show evidence of the club’s impact (photos, reports, feedback).
- Offer visibility (logos on flyers, appreciation certificates).
Documenting and Reporting Club Progress
Every KAFI Changemaker must track and report progress for each club. Recommended reporting includes:
- Club name and location
- Number of members
- Meetings held (frequency)
- Topics taught
- Photos or videos
- Success stories (e.g., student who started saving or budgeting)
- Challenges and solutions
Use digital tools like Google Forms, WhatsApp group logs, or KAFI's online platform for reporting.
Assignment for Module 5
- Map Stakeholders: Create a list of 5 key stakeholders in your adopted school.
- Write a Mobilization Plan: Describe how you will engage each of them.
- Draft a Launch Plan for a KAFI Financial Literacy Club:
- Include the club’s name, expected membership, meeting frequency, and first 3 activities.
- Create a Poster or Flyer to announce the club’s launch (optional but encouraged).
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