BORROW WISELY

Agro & Social Fund staff interacts with clients and aims to create a reliable image of the organization as a partner in the development of their business and to improve their quality of life.

During October 2019 Agro & Social Fund joined the educative campaign “Borrow Wisely”, a pan European campaign dedicated to the education and improvement of client’s financial knowledge and for their capabilities to manage a familiar economy.

During 2019, for the first time, Agro & Social Fund lead the campaign “Borrow Wisely” by presenting a new form of education and awareness of staff, clients and general public (university students, participants in markets in different villages, and other events organized by Municipalities where ASF operates), by completing the form “Financial Check-Up”. This form was a short test with 15 questions which helped the individuals to understand their financial advantages or weaknesses. They also had the opportunity to understand if they managed effectively their income and expense, if they could resist unexpected financial problems, and if they can make a reasonable planning of their financial future in the long term.

Agro & Social Fund was a participant of the campaign “Borrow Wisely” #2019BWC, that is hold simultaneously in 14 states during October 2019, which aimed to support clients with safe loans.

 

 

What is “Borrow Wisely” campaign?

 

The “Borrow Wisely” campaign is an international campaign that is directed to actual and potential clients of Agro & Social Fund. The campaign is organized by Microfinance Centre – an international organization that promotes international standards in the field of client protection and financial education. The campaign is held at 14 states including: Albania, Armenia, Azerbaijan, Bosnia & Herzegovina, Georgia, Kosovo, Bulgaria, Moldova, North Macedonia, Montenegro, Serbia, Romania, Greece and Tajikistan.

 

 

What is the purpose of the campaign? 

“Borrow Wisely” campaign has the purpose to educate the highest possible number of clients to take a loan in a smart way, and to assure that they are taking a loan in a safe and responsible manner. This campaign summarizes a list of simple questions that all clients must ask themselves before they take a loan:

 

How much loan can I afford?

Am I aware how will I pay?

Am I controlling the debt?

What should I do if I am not satisfied?

 

Due to ASF’s daily activity regarding financial education and client’s awareness in order to stop debt overload and in continuance of our mission, we are involved in the international educational campaign “Borrow Wisely” #2019BWC. Find below the video for “Borrow Wisely”

                                                     

 

During the month of September, Agro & Fundi finally completed its staff training in its other branches.

 

 

During September Agro & Social Fund conducted trainings for its staff in all branches. Agro & Social Fund staff has also organized presentations of the campaign in universities.

 

During the campaign which was conducted during October 2019, Agro & Social Fund staff was in contact with actual and potential clients with a broad range of information including poster booklets and leaflets.

Agro & Social Fund has joined and aims to join every campaign or initiative that improves our client’s service, training and updating our staff with latest industry approaches, client’s education and awareness for financial services offered in order to increase the positive impact of our loans.