Vikalp: Sife & Financial literacy

Vision:

To make the young, impressionable population of the country more aware of the financial opportunities that lie ahead of them by getting together the best money managers from among them to teach and guide the others towards a bright, financially viable future.

Plan Of Action:

The youth project will take off with the help of a business plan competition, which will be thrown open to all students between the ages of 18 and 25. Eminent personalities from the world of banking and finance will select the 5 best entries from the proposals received based on effective financial budgeting of the proposed plans. The students so selected will aid us in enabling the underprivileged sections of society (16 to 25 age group, in particular) to understand the importance of financial management. This will be done through periodic lectures and games conducted by us under their guidance
A three-day workshop will be organized for women entrepreneurs women students who come from weaker economic backgrounds as well as young from vocational training institutes in the city.
The workshop will consist of programs on attitude and personality development, business proposal writing, team skills, basic computer literacy for business and simulated business workshops.
Speeches by successful women entrepreneurs in the community, films on business ventures run by women and incentives for the best business proposal will also form a part of the workshop.

Sustainability:

Superior performers will be identified from the youth workshops and encouraged to continue the literacy project in the similar fashion, the following year. Similarly, in the women’s workshop, all participants will be encouraged to write business proposals of their own, which will be given to bank managers to judge and process. The best ones will receive bank loans for their venture and will serve as role models for the following year when another workshop will be conducted.