El Salvador

GMW national coordinator: The Central Reserve Bank of El Salvador (Banco Central de Reserva de El Salvador) Participating organisations: Superintendencia del Sistema Financiero, Instituto de Garantía de Depósitos (IGD), BANDESAL, Defensoría del Consumidor, Banco de Fomento Agropecuario, Banco Hipotecario, Ministerio de Economía, Ministerio de Educación, Ciencia y Tecnología, Fundación Sparkassen, Junior Achivement, El Salvador, Banco Promerica, FEDECREDITO, Banco Davivienda, FEDECACES, Fondo Social para la Vivienda, BANCOVI Total number of participating organisations: 17 Number of children and young people reached directly: 2,491 Number of adults reached directly: 759 Number of people reached indirectly: 570,787

During GMW 2021, financial literacy awareness sessions were offered to children, youth and adults, mostly through digital means. These included webinars on a variety of topics, virtual tour to money museum and library of the Central Bank “Luis Alfaro Durán,” and many competitions.

The National contest on financial education included watching videos and playing virtual games on topics such as saving, budgeting, needs, wants, fixed, variable and ant expenses. The participants received awards and certificates in different categories: kids, junior and senior. The Financial Rally of “Protect your finance” consisted in resolving some challenges about financial education. The online drawing contest “Draw, Save and Learn!” required children to present a drawing about a good use of money and the importance of saving, including a video of the picture making process. Also, “Ecological Piggy Banks” contest, and a short video competition about “5 ways of saving” were held.

The Central Bank of El Salvador along with partners reached 3,250 children and youth directly in their activities and 570,787 children, young people and adults indirectly though social media during GMW 2021.