NGO- Defining your project scope
The very first step is to decide what you want to do with your financial education project. Defining the project is key- Financial Education is vast and takes a long time to implement. Defining clear goals will make your project focused, measurable… and successful. For example, if your target group is heavily indebted, focusing the programme on long term savings may miss the point and is hardly likely to be implemented by the programme recipients. On the other hand, for a target group who is rather young and has regular income, focusing the programme on controlling expenses and savings is relevant. So the very first questions to ask yourselves are:
- Who do you want this programme to reach?
- What behaviour changes do you want them to implement so that their financial situation changes?
Use our tool box as much as you need!
- questions check-list
- sample budget template
- timeline template
It is very important to check what resources you need and you already have before starting. One resource is particularly important: the trainers. Who will facilitate your programme? Download an example of Financial Education trainer's profile. Money is the other important resource! Write a solid project proposal and find sponsors who can fund your project.
Don't start developing your project without defining how you will measure its success. You may do it at this stage or right after the needs assessment. Find more tools on how to set impact indicators in step 7.
Define project scope |
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