Volvo Financial Services and JA Worldwide extend partnership for youth financial literacy

30/03/2024 News

Volvo Financial Services (VFS) has prolonged its collaboration with JA (Junior Achievement) Worldwide until 2025, expanding efforts to provide financial literacy education to youth globally. This extension includes new programs in Romania and Sweden, complementing existing initiatives in several countries. Through VFS employee volunteers and JA's curriculum, the partnership aims to equip youth with essential financial skills and insights into finance-related careers.

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VFS President Marcio Pedroso highlighted the importance of financial literacy in today's changing world, emphasizing its role in fostering future success and societal equity. The partnership, established in 2022, has already impacted over 14,000 youth, facilitated by 140 VFS volunteers. Asheesh Advani, President & CEO of JA Worldwide, emphasized the significance of mentorship in youth financial education, praising VFS's commitment to enabling employees to serve as mentors.

Aligned with the Volvo Group's dedication to the United Nations Sustainable Development Goals, the partnership aims to empower women and girls and promote quality education through enhanced financial literacy. By strengthening financial skills, the initiative contributes to broader socio-economic development objectives.

JA Worldwide, renowned for its immersive learning experiences, reaches over 17 million students annually across 100+ countries. Through this partnership, VFS and JA aim to cultivate an informed and empowered generation capable of navigating the global economy and driving positive change.

This extended partnership underscores VFS's commitment to youth education and social responsibility, reflecting a shared vision for a more financially literate and prosperous future.

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