ANZ Home Page
We live in your world - September 2013

We live in your world - September 2013

Supporting micro finance

Supprting micro finance

We are supporting women and disadvantaged young adults in Indonesia to better manage their money and build their micro businesses and life skills.

We have partnered with two not for profit organisations to build money management skills and savings through the delivery of MoneyMinded, our flagship education program.  

Yayasan Cinta Anak Bangsa provides micro loans to women in rural areas in Jakarta. Most clients are start-up entrepreneurs with limited funding and impoverished backgrounds and MoneyMinded supports them to better manage their earnings and expenses, budget and save for the future.

The Learning Farm trains young adults from underprivileged backgrounds to be farmers. The MoneyMinded program has been integrated into The Learning Farm’s training suite.

After completing MoneyMinded:

  • The proportion of women entrepreneurs who were more organised in managing their money increased from 22 per cent before the program to 56 per cent.
  • The proportion of trainee farmers who could not save any money decreased from 63 per cent to 22 per cent.

These were some of the findings of the 2012 ‘MoneyMinded in Indonesia Impact Report’ conducted by Universitas Gadjah Mada.  

More than 300 people have participated in MoneyMinded in Indonesia. Sixteen of our staff have been trained as program facilitators.

More information:

Features

You need Adobe Reader to view PDF files. You can download Adobe Reader free of charge.

Back to Corporate Responsibility