Title: Financial Education Consultant

Organization: Aflatoun International, Amsterdam

Date– August 2022 – January 2023

Background

Aflatoun International is a non-profit organization, which offers social and financial education to children and young people worldwide, empowering them to make a positive change for a more equitable world. Aflatoun creates high-quality curricula, for different age groups, which are contextualized to local needs and specific circumstances. In 2019, Aflatoun reached 10.5 million children in 108 countries through over 345 partner organizations.

Aflatoun programs inspire children to discover their talents and put them to use, to stand up for their rights and those of their communities, to play games, and to solve problems. They learn how to save, how to budget, and how to set up social and financial enterprises that benefit themselves, their families, and their communities.

Department:

Aflatoun is committed to work towards the empowerment of children and young people with programs that offer tangible solutions to them, their families, their educators, and communities. Through the implementation of Aflateen+, Aflatoun and its global network is responding across demands from organizations with a focus on increasing access to safe and gender-inclusive education services that offer stability, structure and learning spaces to young people.

The overall objective of project is to develop an elearning course on Financial Competencies for small-scale entrepreneurs/SMEs. It involves mapping and analysis of competencies, development of a course outline and framework with progression for competencies for beginning, mid and experienced entrepreneurs followed by developing the learning resources that will be part of the e-learning course. The course content needs to be developed for the main target audience for the course, young and would-be entrepreneurs including a specific focus on women entrepreneurs.

Role and Responsibilities

Deliverable Summary

Timeline

D1

Literature review and mapping of existing financial literacy curricula, courses and toolkits for SMEs. The objective of this review and mapping exercise is to examine available financial literacy materials catered to women and entrepreneurs, in both the formal and informal sector

August – September

D2

Design of course framework and outline based on Financial Competencies for SMEs. This will stem from the literature review and delineation of competencies to be covered under the three suggested topic areas of: Choice and Use of Financial Services, Financial and Business Management and Planning, and Risk and Insurance. The competency framework will be related to the progression levels of:

• Basic / informal: includes very basic competences that owners and managers of micro and small businesses should possess.

• Starting up / becoming formal: includes the competences that potential entrepreneurs should have if they want to start a formal business and during the start-up phase.

• Growing: includes competences related to managing a business beyond the start-up stage and making it grow, including doing business abroad and hiring employees.

• Closing: includes competences related to the sale, liquidation, succession or bankruptcy of a business.

The outline describing the syllabus to be covered in the courses across the identified modules of sub-topics, learning objectives, as well as planned learning activities including interactive events and assessments.

September – December

D3

Development of course content for the 4 progression levels of the Financial Literacy for SMEs course. The content of the courses developed from the outline through designing the learning activities and planning the user experience

December – June

Requirements:

• 2-4+ years of relevant work experience in development of curricula and educational resources
• Expert knowledge and understanding of financial education and business finance.
• Experience in developing education materials for elearning courses.
• Excellent communication (English language) and stakeholder management skills.
• Contextual understanding of and experience working in European Union preferred.
• Graduate/Postgraduate in a relevant field (Finance, Development studies, Education etc.).

Desired skills:

• Understanding of woman’s entrepreneurship
• Interest in organizing live sessions and networking events
• Experience for facilitating discussions and teaching courses