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Empowerment is the degree of autonomy and self-determination in people and in communities. This enables them to represent their interests in a responsible and self-determined way, acting on their own authority. It is the process of becoming stronger and more confident, especially in controlling one's life and claiming one's rights.
Financial literacy is an ability to effectively manage the economic well-being of individuals with knowledge and financial skills. The Government Accountability Office definition (2010) is "the ability to make informed judgments and to take effective actions regarding the current and future use and management of money.
Financial inclusion. Financial inclusion is the availability and equality of opportunities to access financial services. [1] It refers to a process by which individuals and businesses can access appropriate, affordable, and timely financial products and services which include banking, loan, equity, and insurance products.
About the Cities for Financial Empowerment Fund. The CFE Fund supports municipal efforts to improve the financial stability of households by leveraging opportunities unique to local government. By ...
Self-help group (finance) A self-help group (commonly abbreviated SHG) is a financial intermediary committee usually composed of 12 to 25 local women between the ages of 18 and 50. Most self-help groups are in India, though they can be found in other countries, especially in South Asia and Southeast Asia. A SHG is generally a group of people ...
John Hope Bryant (born February 6, 1966) is an American financial literacy entrepreneur and businessman. Bryant is the founder, chairman and chief executive officer of nonprofit Operation HOPE, chief executive officer of Bryant Group Ventures and The Promise Homes Company, co-founder of Global Dignity, advisor to business and government and author of bestselling books on economics and leadership.
e. In the economics study of the public sector, economic and social development is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and objectives. The term has been used frequently in the 20th and 21st centuries, but the concept has ...
Financial management is the business function concerned with profitability, expenses, cash and credit. These are often grouped together under the rubric of ...