International Personal Finance’s consumer credit operation in Hungary has partnered with the NGO, Ecumenical Aid, to launch a program to increase the financial awareness of the most financially vulnerable social groups in Hungary.
The initiative forms part of the Group’s global community support programme, Invisibles, which seeks to identify and support groups of people in its communities who are marginalised and excluded from society.
Employees of Provident in Hungary will support the programme by teaching members of the Ecumenical Aid team the basics of finance including responsible borrowing, savings and family budgeting. The employees of Ecumenical Aid will then pass on their financial knowledge to needy families that they support, so helping them to make more informed financial decisions. Provident has also made a financial donation to support the education programme through events, experience days and summer camps for children.
“Everyone deserves a chance at a better life and for more than a decade we’ve been supporting financial education. We are committed to improving the lives of the most financially vulnerable social groups in Hungary, the "invisibles,” said Botond Szirmák, Country Manager of Provident in Hungary.
László Lehel, president and director of Ecumenical Aid said: "Strengthening financial awareness among disadvantaged groups is so very important as financial decisions that are well thought through can significantly help in their day-to-day lives.”
