My Money Monitoring and Evaluation

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My Money Monitoring and Evaluation
Sep 06 Manyatta Primary School, Kisumu

CEDI strives to provide a comprehensive approach to poverty alleviation through the implementation of livelihood programs that place the child and the youth at the center of all our interventions. My Money is a financial capability program designed to equip children with the ability to make sound financial decisions in their everyday lives. It is an innovative financial education program that has been developed in response to the growing need to prepare children for their financial future. The program has so far recorded a positive impact, with children participating in the program reporting a better understanding of important money-related aspects, including: how to set basic personal budgets, how to track personal spending using simple records, the effects of advertising on spending, currency value, functions and uses of money, as well as the relationship between savings and personal goals. These skills are meant to prepare them for the challenges they will encounter as they transit into adulthood.

To ensure the implementation of the program to meet its vision and mission, CEDI conducts regular Monitoring and Evaluation (M&E) exercises in order to establish the following:

  1. The scope of program delivery in terms of syllabus coverage;
  2. The willingness and ability of teachers to employ various teaching techniques in order to effectively deliver on the program;
  3. The teachers’ appreciation of the need to incorporate sensitivity while dealing with young children in class;
  4. The level of awareness about and support for child protection issues among teachers;
  5. The children’s level of understanding about money, as well as their financial capability levels;
  6. The level of adoption of such whole-child competencies as self-esteem, communication skills and resilience among the pupils;
  7. The benefits of the program, both for pupils and for teachers, as inferred by their experiences;
  8. The expectations of both pupils and teachers, lessons learned and areas of improvement;
  9. The major challenges that both pupils and teachers might encounter during the implementation of the program.

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