Aluwani and Avo Vision Join Forces to Boost Financial Literacy

According to recent research by Deloitte, only 0.3 percent of South Africans have been able to save. The level of financial literacy in South Africa is alarmingly low, with just 42% of the adult population being financially literate, according to a 2021 survey conducted by the Organisation for Economic Co-operation and Development (OECD). This means that more than half of South Africa's adult population lacks a fundamental understanding of basic financial concepts, including interest rates, inflation, and savings. This issue is particularly acute in rural areas and among low-income groups, where access to financial education is severely limited.

One of the major hurdles to improving financial literacy in South Africa is the limited access to financial education. Many schools do not offer comprehensive financial education, and when they do, it often falls short of equipping individuals with the essential skills needed to effectively manage their finances. Despite Avo's commendable efforts in providing financial education for over two decades, and training over half a million people, it remains a drop in the ocean for a country with a population exceeding 60 million.

A recent partnership with Aluwani has been instrumental in imparting financial knowledge to an additional 600 participants. When consumers become financially literate, they acquire crucial life skills such as budgeting, saving, investing, and planning. These skills are vital for achieving financial stability and overall well-being, and Avo's various Consumer Financial Education (CFE) programmes comprehensively cover all the necessary knowledge components and skills.

Aluwani and Avo Vision have embarked on collaborative mission to empower as many communities as possible with the essential financial skills required to build a better life for themselves and their families. The programme was rolled out in Gauteng and the Eastern Cape, featuring 21 themed financial skills workshops held between July and August 2023. Modules covered a range of topics, including My Budget, Money Safety, Scams and Fraud, Managing Debt and Credit, Boosting Income, Money and Beliefs, Young People and Money, and Funding a Funeral.

This initiative proves especially beneficial for unemployed youth, as it encourages them to explore entrepreneurship as an alternative path. It also benefits employed youth by fostering wise income management and steering them away from irresponsible credit decisions. Here are some comments from programme participants:

"Thank you for the training. I would like to bring my family to the sessions next time."
"The training has really changed the way I see money; there’s a lot I hope to implement. Thank you so much." - Angelique Vernon
"Thank you for the opportunity to learn something new. I will be drawing up my budget." - Aisha Turoune
"The trainer was very motivational, and she engaged us at an individual level to make sure we were comfortable with the content." - Zanele Kwetana
"I learned the importance of funeral cover in the event something happens to me or my loved ones." - Hlumelo Baba

In a remarkably short time, Avo and Aluwani have positively impacted the lives of hundreds of individuals. It is both a privilege and a pleasure to engage in this meaningful work, and we extend our heartfelt thanks to Aluwani for their invaluable contribution. We firmly believe that financial literacy is the key to unlocking economic participation, fostering active citizenship, and promoting wealth creation. By reaching and educating consumers on financial matters before they make life-altering decisions, we can substantially improve their lives.

To be a part of this impact and contribute to positive change for community members, their families, and the organisations they belong to, please connect with us at engage@avovision.co.za.

Financial Education: An eye opener for entrepreneurs

According to the 2017/18 Global Entrepreneurship Monitor’s report, entrepreneurship activity in South Africa has reached its highest level since 2013. As the economy faces increasing challenges, one in three South Africans is turning to side businesses to supplement their income and make ends meet. Regardless of your income level, acquiring money-generating skills is crucial to enable us to pursue our dreams and ambitions.

Over the years, we have forged partnerships with various organisations and introduced a range of financial literacy and entrepreneurship initiatives to ensure that South Africans can lead more prosperous lives. One of our in-depth financial skills modules is called "Boosting Your Income," offering participants the opportunity to explore new business prospects. After attending these sessions, many participants express newfound confidence in their talents or skills and a desire to start a businesses. Recognising that having an interest, a talent or a skill as well as a business idea are fundamental to entrepreneurship. This module underscores their importance.

We recently conducted a financial education session in Turffontein at Ikusasa Lethu Wembley, a homeless shelter, where two gentlemen, Brian and Norman, were inspired enough by our training to embark on their own entrepreneurial journey. They accredited the financial skills they gained during the financial skills workshop with helping them grow their businesses by reinvesting and also by maintaining separate personal finances. Brian and Norman enthusiastically recommend the financial skills programme to others. They emphasise how it had transformed their lives and allowed them to provide for themselves. They expressed their gratitude to AvoVision and to the Sanlam Foundation for the opportunity to learn.

These two entrepreneurs were particularly motivated to start their businesses after participating in our "Boost Your Income" module. They immediately began brainstorming ways to improve their financial situations and overcome homelessness. They have since received business commissions from their community and are currently crafting tables and benches for a local daycare center. Business has been thriving, and they have even secured a workshop space.

Empowering people and addressing issues like inflation is best achieved through programmes that enhance financial literacy. We firmly believe in the value of diversifying income streams, and this concept is at the core of our mission. "There are few places in the world with more potential than our continent, and by equipping Africans with financial knowledge and experience, we are laying the foundation for a future created by Africans, for Africans, one that is inclusive and sustainable," said Nozizwe Vundla, Head of the Sanlam Foundation.

At Avo, we always begin our business learning programmes with personal financial literacy. We firmly believe that unless a businessperson takes their personal financial health and wealth seriously, they are unlikely to manage a business to its full potential.

If you're interested in sponsoring communities through one of our empowering financial education programs, connect with us.

Social Employment Fund Transforms Lives in Mapaputle

Jacky Baloyi, the founder of Tsathago Wildlife Services, a green business in North West, has employed 39 previously unemployed individuals through the SEF programme to do bush thinning and environmental restoration, to improve water security and grazing land in the area. Had it not been for the SEF support, Jacky would have spent R600 000 on salaries, equipment, and PPE – SEF offers a significant saving for this small business owner.

Jacky expresses gratitude for the SEF programme, believing it makes a significant difference in many households in this remote area. She envisions the programme as not just providing jobs but ensuring long-term sustainability by empowering employees with the skills needed to start their businesses and earn more. The SEF programme becomes a beacon of hope for Mapaputla, illuminating a path toward a more prosperous and sustainable future. Employees like Kelebogile Rathebe, a graduate engineer, expressed how this opportunity has given her hope, especially after being unemployed for a while. Rathebe emphasises: "This is also a chance for me to learn new skills, as I was not exposed to the environmental." The SEF programme continues to impact participants from various backgrounds, providing them with not only employment opportunities but also valuable skills and a renewed sense of hope for the future.

SEF forms part of the Presidential Stimulus programme and aims to offer temporary employment to 55,000 unemployed individuals from August 2023 to May 2024. Avo has successfully onboarded 1,191 previously unemployed individuals across the country, placing them in Green Businesses and Early Childhood Centres.

First Avo Women Only entrepreneurs training

It has been exactly 66 years since the historic 1956 women's march to Pretoria, a momentous protest against the extension of Pass Laws to women. During this event, activists courageously rebelled against a patriarchal system that aimed to control and subdue women, reducing them to submissive beings at the mercy of men. Despite over two decades of democracy, the landscape showed that only 21.9% of businesses were owned by women. Several factors contributed to this disparity, including limited access to capital and funding, as well as inadequate support within entrepreneurial spaces. These issues collectively highlighted a lack of recognition regarding the vital role women played as business owners, encompassing the government, private sector, and financial institutions, all of which were crucial contributors to their success.

Avo Vision plays a vital role in contributing towards the 2030 gender equality sustainability goals; over the years, women dominated all the training by just above 60 percent. We took pride in introducing the "Bopa Mosadi" enterprise development programme in Rustenburg, a name meaning "build a woman" that perfectly captured its essence. Over the course of 12 months, this initiative transformed the lives and businesses of the participants. The programme, expertly facilitated by Avo trainer Mpho Motshegoe, proved to be an exciting journey of empowerment. Motshegoe shared, "Entrepreneurs welcomed and embraced this opportunity, recognising the significance of business growth."

Supported by the Do More Foundation in collaboration with Niya Consulting, this programme equipped 20 women with invaluable financial knowledge and essential business management skills. Avo Vision firmly believes that mastering personal finance is a cornerstone for effective business financial management. Mpho explains, "Personal Financial Management was a critical session, aimed at equipping and empowering participants with insights into personal finances. Topics such as budgeting and distinguishing between needs and wants were particularly well-received."

Through this comprehensive programme, participants gained mastery in personal development, financial management, peer mentorship, and business simulation. Several participants shared their thoughts on the impact of the programme:

"This programme helped me build up my confidence and self-worth in ways that none other than the best could provide. In less than six months, the substantial change I experienced counts for years left behind. Much gratitude to Avo Vision for their life-changing empowerment efforts."

"At first, I only advertised online. However, after attending the Avo programme, I learned that even word-of-mouth marketing and issuing flyers could be effective. Since I started distributing flyers and promoting my business through word of mouth, I have gained more customers."

“I have started saving more and recording my income. I will create a clear balance between my lifestyle and work and invest well in technological tools for speed and improved quality of my work."

Faced with the pressing unemployment crisis, these determined womenpreneurs took it upon themselves to create employment opportunities. Hailing from diverse backgrounds, they shared a common aspiration to elevate their businesses to new heights. Over the past months, they acquired the skills needed to establish sustainable and profitable enterprises, driving their personal and business growth.

If your organisation is ready to fulfill its Corporate Social Investment (CSI), Enterprise Development (ED), and Socio-Economic Development (SED) commitments while making a lasting impact on South African Entrepreneurship, we encourage you to reach out to us via email at engage@avovision.co.za.

Empowerment Through Self-Employment

Empowerment Through Self-Employment: Creating Your Own Job Opportunity

South Africa faces a great challenge and obstacle in unemployment. Every quarter we hold on to our seats in anticipation of the unemployment statistics. What has become clear is that a shift for many of South Africa’s youth from looking for a job to creating one is necessary. The Give Yourself a Job programme is a small business development programme that equips individuals with critical basic practical business skills to start and run a business. As our managing director Henry Sebata always says, “South Africa has too many problems for unemployment to be one of them.” This is the mindset and ethos upheld by the programme over a 14-week period where a cohort of 25 individuals develop key business acumen and the appetite for entrepreneurship.

Participants during this period cover a number of topics, such as identifying low-barrier/low-capital opportunities, analysing opportunities, and developing a network of support. One of the participants who have done exceptionally well for themselves is Atang Ramabele, who says attending give yourself a Job training gave him a totally different perspective on entrepreneurship. “Many people think they need a lot of money to start a business, but there are a lot of businesses that they can start with just a little. I never thought that natural resources could be used to make money. I saw an opportunity and a gap in my community and our country to produce charcoal. We now have eight employees, and I hope to hire more people and expand to different provinces,” He said. Atang further said knowledge is power. He learned from business ideas shared in the programme about securing funding and marketing his business to different targets. He wishes people, especially youth, knew there are so many ways to give themselves a job. People could be employed, creating opportunities for more people and helping develop their communities.

The programme has helped thousands of people begin to see themselves as entrepreneurs with a real shift towards employing themselves and others rather than just waiting for a job.’ This is crucial as small and informal businesses in South Africa account for about 60% of employed individuals. The success of a small business is the success of the country as a whole and the responsibility of society.

How we select our best trainers

Good ideas and good partnerships develop and grow over time. They create special magic between people and visionary ideas, which, in the end, are greater than anything that we could have done on our own. The partnership that we have with our Trainers is one of the most valuable to us as we collaborate with our trainers to address society’s big challenges to help make better decisions and live better lives.

Training is not as easy as it looks. There is a lot of preparation that happens before a trainer can successfully present to participants. Train The Trainer (which Avo affectionately refers to as T3) is a process where a trainer goes through training to get skills and knowledge around the content to be shared with participants. Avo Vision is enthusiastic about working closely with our training partners to ensure that they can train to a high standard of excellence.

Avo aims to bring our training partners together from all over South Africa at least once a year. We explain the method of how to present and facilitate the content using the unique engagement style that Avo Vision is proud of. This Trainer Training was focused on our financial education programmes which are Money fo’Sho! and our Money Module programmes. The training took place in Kempton Park for five days during the month of October. Training partners who attended were signed off and received certificates that qualify them to facilitate our programmes.

The lead trainer Antoinette Mthetwa has been working for Avo Vision since 2020. She explained that Avo Vision goes through different steps to ensure that only the best trainers are picked for all our programmes. Before the training partners come to attend a T3, they must complete our online course which has twelve modules. The online content is based on what the trainers must present to the participants. When the online course is complete, those who passed all the modules are invited to come to the face-to-face T3 session where they learn our methodology that encompasses how we train. Antoinette further says the T3 is Avo’s way to upskill trainers whenever there is updated content or when changes have been made to the learning material.

It is important to pick excellent trainers as they represent Avo Vision in our South African communities. The T3’s ensures that everything related to quality and excellence is covered and there are no stones left unturned. Veronique Klaasen who has been in a training partnership with Avo for ten years says that “experience” is not the only thing that counts when it comes to training. The content behind the material and activities are important as well. “The most exciting thing that I like about attending Train the Trainer sessions is that you get to meet different trainers who share their experiences and ideas about how they manage their training and present content. As a trainer, you are the same as a student because you never stop learning. You learn new things every time”. Veronique is a very versatile trainer as she also attended the T3 which was focused on entrepreneurship and SMME development.

Another one of the recent graduates of our Trainer Training is Zwelinjani Thoba. He has been training with multiple organisations since 2005. He believes that to be a better facilitator a person must have a passion to teach so that it will not feel like a chore. Zwelinjani started training for Avo Vision in 2019 and says the T3 sessions are very insightful. “I Joined Avo when I was exposed to the Working for Water Training, and I grabbed that opportunity to gain experience in that programme. Ever since then, we have done other training programmes with Avo Vision. What I enjoy most about T3’s is that the lead trainers show us different ways of facilitating. You also get to meet people from across the country who are as enthusiastic as you are and together you share knowledge and skills”. Zwelinjani uses any chance he gets to educate people because he can see that this training has changed lives. He enjoys working with Avo Vision because there is still a lot to be done.

Avo Vision has over forty training partners in all nine provinces of South Africa. We pride ourselves on our ability to reach people in all types of contexts, from urban and rural, to formal and informal. We also strive to deliver social projects with a national reach by working with our training partners who are micro-enterprises. They deliver our training programmes in their local communities, and we ensure the standard of excellence is upheld through our rigorous Trainer Training process.

If you have any content that you want to reach South African communities with, we are the right partner. email us at engage@avovision.co.za for more information.

Transforming South Africa's Economic Landscape Through Financial Literacy

Financial Literacy and its power to change SA's economic landscape

By Henry Sebata, Managing Director of Avo Vision

Coco Chanel, the famed fashion designer, was once quoted as saying: "There are people who have money, and there are people who are rich."

While many interpretations of this quote exist, one that is particularly pertinent is that while money may come into one's hands, those who do not understand how to control it will never grow rich. This is especially true of the small business owner who is not financially literate.

Many micro and small businesses do not make it beyond the first or second year and even fewer reach the 5-year mark in operation. The many factors that contribute to the high failure rate are the subject of a lot of research. However, one of the factors that we easily overlook is the financial illiteracy of many smaller business owners. That coupled with poor numeracy dooms most businesses to failure from the resultant poor personal and business financial practices.

According to the latest Human Sciences Research Council (HSRC) report on financial literacy, financial literacy is defined as “a complex multi-dimensional concept that comprises a combination of awareness, knowledge, skills, attitude, and behavior.”

The authors continue to explain that this combination of attributes can be effectively expressed by investigating four financial domains: a) financial control b) choosing and using appropriate financial products c) financial planning and d) knowledge and understanding.

Avo Vision is a social enterprise that is committed to giving grassroots communities the skills and insights to make better choices to support themselves and their families in a sustainable manner, is currently running a programme called the Green Business Value Chain (GBVC) with funding from the Department of Environment, Forestry, and Fisheries.

The GBVC seeks to catalyse markets for restoring land and securing livelihoods through micro-business support and invasive alien clearing. This is enabled by the Avo Vision virtual incubator that supports the start and growth of businesses in this sector, amongst others.

At the start of the journey with the GBVC entrepreneurs and business owners, it is found that most cannot provide reasonable estimates of revenue and costs even when they have been in business for several years. These are foundational business basics without which success will be limited.

Businesses are impacted by financial knowledge and understanding

Indeed, in the HSRC report, the authors maintain that “the ability of an individual to start businesses, in particular, is impacted by their financial knowledge and understanding. Indeed, it could be argued that increasing financial literacy will help increase entrepreneurship among South Africans.” (p. 118)

Avo Vision always starts business learning programmes with personal financial literacy. Unless business persons take their personal financial health and wealth seriously, they are unlikely to manage a business to its full potential. So it is important to be clear about your personal life and financial goals: How much do you want to earn from the business? At what rate do you want an improvement in your income per quarter or per annum? How must the business perform to deliver that income?

In cases in which a small business is a side hustle, that must replace an owner's current income before committing to running it full-time, the owner needs to be clear about those timelines. This approach ensures that they have the discipline to ensure a return like any investor would.

Keep personal and business accounts separate

Many entrepreneurs do not see themselves as separate from the business and even use the same bank account for business and personal transacting. This may be detrimental to both the entrepreneur and the business. It sometimes can hide both poor or great performance. Some people have been at the point of closing their businesses because they didn’t consider the money that comes from a business that is funding personal expenses. In other instances, people don’t realise the extent to which they are personally supporting a business that is not profitable.

It is important to separate personal and business accounts and have records that provide clear visibility of the performance of the business. The choice of the types of accounts must be aligned to the needs of the individual and the business respectively so that neither incurs unnecessary banking costs

When people understand how their business is performing through record keeping and knowledge of money coming in and out of the business, they can manage better and support the long-term sustainability of the business. They can see clearly which aspects of the business are working well and creating, instead of destroying, value. That astute handling of their business affairs coupled with responsible personal finance management is an important contribution to the long-term success of the entrepreneur.

All these concepts and more are covered in Avo Vision’s Money for Sho financial literacy programme which follows four broad categories:

Managing my Money
Managing Risk
Banks and Saving
Managing Credit

Each of these curriculum categories also ensures that the four domains of literacy (as per the aforementioned HSRC report), viz. a) financial control b) choosing and using appropriate financial products c) financial planning, and d) knowledge and understanding are adequately covered.

Then, as practiced in the GBVC-funded programme of the Department of Environment, Forestry, and Fisheries, mentorship is the glue that holds the theory together. This is a powerful intervention that ensures that theory is embedded in practice. Participants are encouraged to attend and contribute to Green Business Network meetings where they learn how to mentor and access the mentorship thinking of their peers using simple but powerful business frameworks that drive strategic thinking and business growth mindsets.

In conclusion, if we believe that micro and small businesses are a key solution to the country’s unemployment challenge, then we need to rally around them with meaningful and functional support. From Avo Vision’s experience, these small businesses are clearly languishing in their need for financial literacy improvement. And as the imperative fulcrum around which a business turns, good financial management is essential for the entrepreneur’s success.

Source: Bizcommunity

Empowering Financial Freedom

Empowering Financial Freedom Through Effective Money Management

It is frightening to note that only 49% of South Africans are deemed financially literate, and only 5% of South Africans will be able to retire comfortably. This is according to a recent article published by PocketFin. Personal finances play a significant role in shaping an individual's and even a country's future. We believe that financial literacy is key to unlocking economic participation, active citizenship, and future wealth creation. If we can educate consumers on money matters before they make life-altering decisions, we can significantly improve their lives. Enabled by our financial education funding partners, Avo Vision has trained 491 260 people in financial skills since 2008 and we are determined to continue reaching as many people as possible throughout the country.

Avo believes that everyone needs a little help and guidance when it comes to money matters. Avo trainers work daily to make it easier, more acceptable, and even more comfortable for everyone and anyone to talk about money matters. We recently conducted a session in a very rural area of the Eastern Cape Emabhaceni, where our training partner Bongiwe Mafuya trained over 66 participants who had no idea that there were financial skills programmes that could help them use their money better.

Bongiwe said: "It was a privilege to train the community of farmers, who used to be farm labourers”'. This community has been side-lined for an awfully long time. They are now the beneficiaries of a farm that they used to work on. Skills development, financial skills, and business training will make a difference in how they change how they handle their finances. I had more than 66 participants, and no one wished to go back home because they all valued this first-time financial education training. Their enthusiasm and willingness were encouraging. In each module, they connected the information to their current situation and were willing to implement everything they had learned about to change their financial futures for the better. It was encouraging to see employers from other farms transporting their employees to the training venue. This contributed to how valuable the training was. For this community, our training was the start of many opportunities to come. Participation was 100%, and it made me feel encouraged to continue with this training."

In the current shaky economy, with rapidly rising interest rates, debt, unemployment, and inflation, communities need programmes that provide them with a deeper understanding of money management principles. Financial skills education encourages participants to take stock of their current financial situation and empowers them with the knowledge and tools to plan and make more informed financial decisions. Some of the topics that are covered in Avo’s financial education programmes are Budgeting, Saving and Investing, Money Safety, Managing Debt, Boosting Income, Preparing for Retirement, Youth and Money, and many more.

If your organisation is interested in becoming an agent of change and wants to invest in an impactful cause, connect with us at engage@avovision.co.za. Your BBBEE (CFE) spending and your CSI budget can change so many lives.

First Avo Women Only entrepreneurs training

It has been exactly 66 years since the historic 1956 women's march to Pretoria, a momentous protest against the extension of Pass Laws to women. During this event, activists courageously rebelled against a patriarchal system that aimed to control and subdue women, reducing them to submissive beings at the mercy of men. Despite over two decades of democracy, the landscape showed that only 21.9% of businesses were owned by women. Several factors contributed to this disparity, including limited access to capital and funding, as well as inadequate support within entrepreneurial spaces. These issues collectively highlighted a lack of recognition regarding the vital role women played as business owners, encompassing the government, private sector, and financial institutions, all of which were crucial contributors to their success.

Avo Vision plays a vital role in contributing towards the 2030 gender equality sustainability goals; over the years, women dominated all the training by just above 60 percent. We took pride in introducing the "Bopa Mosadi" enterprise development programme in Rustenburg, a name meaning "build a woman" that perfectly captured its essence. Over the course of 12 months, this initiative transformed the lives and businesses of the participants. The programme, expertly facilitated by Avo trainer Mpho Motshegoe, proved to be an exciting journey of empowerment. Motshegoe shared, "Entrepreneurs welcomed and embraced this opportunity, recognising the significance of business growth."

Supported by the Do More Foundation in collaboration with Niya Consulting, this programme equipped 20 women with invaluable financial knowledge and essential business management skills. Avocado Vision firmly believes that mastering personal finance is a cornerstone for effective business financial management. Mpho explains, "Personal Financial Management was a critical session, aimed at equipping and empowering participants with insights into personal finances. Topics such as budgeting and distinguishing between needs and wants were particularly well-received."

Through this comprehensive programme, participants gained mastery in personal development, financial management, peer mentorship, and business simulation. Several participants shared their thoughts on the impact of the programme:

"This programme helped me build up my confidence and self-worth in ways that none other than the best could provide. In less than six months, the substantial change I experienced counts for years left behind. Much gratitude to Avocado Vision for their life-changing empowerment efforts."

"At first, I only advertised online. However, after attending the Avo programme, I learned that even word-of-mouth marketing and issuing flyers could be effective. Since I started distributing flyers and promoting my business through word of mouth, I have gained more customers."

“I have started saving more and recording my income. I will create a clear balance between my lifestyle and work and invest well in technological tools for speed and improved quality of my work."

Faced with the pressing unemployment crisis, these determined womenpreneurs took it upon themselves to create employment opportunities. Hailing from diverse backgrounds, they shared a common aspiration to elevate their businesses to new heights. Over the past months, they acquired the skills needed to establish sustainable and profitable enterprises, driving their personal and business growth.

If your organisation is ready to fulfill its Corporate Social Investment (CSI), Enterprise Development (ED), and Socio-Economic Development (SED) commitments while making a lasting impact on South African Entrepreneurship, we encourage you to reach out to us via email at engage@avovision.co.za.

Empowering Employees through Financial Education

Empowering Employees through Financial Education in the Workplace: A Path to Financial Wellbeing

In today's turbulent financial landscape, South Africans face significant challenges when it comes to managing their finances. According to the South African Reserve Bank, a startling statistic reveals that over 75% of South Africans are spending most of their take-home pay on debt. Additionally, research indicates that approximately 84% of individuals struggle to make ends meet each month, resorting to expensive and unsecured loans, such as those offered by illicit ‘mashonisas’ or loan sharks. Moreover, only a mere 6% of retirees can retire comfortably with their life savings. These alarming figures call for urgent action to improve financial literacy and well-being across the nation.

Avocado Vision's Approach to Financial Education:
At Avocado Vision, we strongly believe that training employees at their workplace is a powerful tool to incentivise a workforce and empower employees with essential financial knowledge and skills. Having financially savvy employees makes for better business. Providing employees with the necessary tools to either avoid debt or navigate through it more efficiently, is one of the most valuable gifts an employer can offer. By offering comprehensive financial, life, and business skills training in the workplace, companies can unlock a greater good and contribute to the financial well-being, resilience, and prosperity of their employees and communities.

Partnership with Sanlam and Impactful Results:
Through our partnership with the Sanlam Foundation, Avocado Vision has successfully implemented a robust financial education program, equipping a significant number of employed participants with essential financial skills. This initiative aims to increase financial literacy, foster a savings culture, and promote a deeper understanding of financial concepts among employees from both the public and private sectors. Our training programmes are designed to be interactive and engaging, which ensures effective learning transfer between our trainers and their participants, whether conducted virtually or face-to-face.

Real-Life Training Examples:
In a recent training session, Avocado Vision had the privilege of training the ‘Men-and-Women-in-Blue’ from the South African Police Service in the Madikwe community of the North-West Province. These dedicated officers, fresh off their night shifts, eagerly participated in their financial skills training sessions. The training covered a range of topics such as How to Stretch Your Budget, Saving and Investing, Scams and Fraud, Managing Debt and Credit, How to Boost Your Income, How to Manage Financial Risk, Planning for Retirement, How Tax Affects Your Money, Beliefs, and Money, Young People and Money, and Buying a House or Car.

Participant Feedback and Impact:
The feedback from participants has been overwhelmingly positive. For example, one participant shared:
"The most interesting part for me about the training was learning the budgeting tips and identifying areas where I was being wasteful." This sentiment is echoed by many others who recognise the importance of managing day-to-day expenses and long-term financial forecasting. Financial skills training plays a crucial role in helping individuals plan, save, and provide adequate income for retirement while avoiding excessive debt that can lead to bankruptcy and defaults.

Overcoming a Low Savings Culture:
One significant barrier to financial well-being in our communities is the lack of awareness and preparation for future financial needs. Avocado Vision's financial education programme has made a significant impact by bridging the gap between theoretical knowledge and practical application. Participants acknowledge the need for continuous motivation and training sessions like these to encourage and guide them in the right direction toward a brighter financial future.

Invest in a Meaningful Programme:
If you are looking for ways to meet B-BBEE targets, while investing in a truly impactful programme, we invite you to contact us at engage@avovision.co.za. Together, we can empower your employees, strengthen financial literacy in general, and thereby contribute to the growth and prosperity of our nation.

Conclusion:

Workplace financial education holds tremendous potential to uplift employees and transform their financial well-being. Avocado Vision is committed to providing comprehensive training that equips individuals with the necessary knowledge and skills to navigate the complex world of personal finance.

By investing in these programmes, organisations will not only meet their CFE/SED compliance targets but also contribute to the overall financial resilience and prosperity of employees and communities. Let us join hands in empowering individuals, promoting a savings culture, and building a financially savvy society for a brighter future.

Nurturing Progress, Sowing Impact

Nurturing Progress, Sowing Impact: A Glimpse into Avo Vision's 2022 Impact Report

Planting trees under whose shade we may never sit, Avo Vision's 2022 Annual Impact Report (AIR) casts a light on our year-long endeavours. This report serves as a compass, guiding us through the achievements, insights, and milestones that have shaped our journey. As of December 31, 2022, Avo Vision had ignited transformation across all nine provinces of South Africa, executing fifteen projects and upskilling a remarkable 42,999 individuals.

Empowering Lives Through Education Unlocking doors to brighter futures, Avo Vision's community education initiatives play a pivotal role in dismantling the challenges of poverty, inequality, and unemployment. Our understanding of the potential of financial literacy fuels our commitment to these programs, equipping individuals with the tools to reshape their lives.

Fueling Green Entrepreneurship The Green Business Value Chain program remains a beacon for entrepreneurs seeking to establish sustainable charcoal production businesses. We continue to nurture a generation of skilled and successful charcoal entrepreneurs who contribute to a greener future.

Empowering Women in Business The Bopa Mosadi Entrepreneur Development Programme, designed exclusively for women in the North West province, garnered praise from participants. It stands as a testament to our dedication to fostering gender equality and empowering women-led businesses.

A Legacy of Learning With 27 years of experience in crafting impactful learning designs, community education, and enterprise development solutions, Avo Vision's legacy grows stronger. Our reach has touched various sectors, empowering individuals and transforming communities across South Africa.

Scaling Impact Through Education In 2022 alone, we proudly trained 484,929 participants, a remarkable step towards our short-term goal of reaching 500,000 participants by 2023. Every individual attending an Avo program becomes a catalyst for positive change, armed with newfound knowledge and skills that propel them towards bigger lives.

A Vision for the Future Looking ahead, our aim remains unwavering: to touch the lives of a million participants over the next five years. Our grassroots approach, fortified by community training partnerships, propels us towards this ambitious target, amplifying impact where it matters most.

Addressing Core Challenges Avocado Vision stands united in addressing South Africa's formidable triple challenges: poverty, inequality, and unemployment. Our core pillars encompass Housing, Early Childhood Development, Environmental Sustainability, Unemployment Mitigation, and Financial Health.

Collaborating for Greater Change Our call to action extends far beyond individual effort. Our community education and enterprise development programs empowered an astounding 98% of previously disadvantaged individuals in 2022, igniting a ripple of progress throughout society.

Empowering Entrepreneurial Futures Micro, small, and medium enterprises (MSMEs) are the backbone of our mission. We're proud to declare our trajectory towards establishing and nurturing 1,650 MSMEs and generating a minimum of 9,000 jobs by 2026.

An Impactful Tapestry of Statistics In 2022, Avo Vision uplifted 42,999 individuals through community education and enterprise development programs. Among these participants, a remarkable 60% were females, 51% hailed from rural areas, and 127 new businesses flourished under our guidance.

A Journey of Evolution Since our inception in 1996, Avocado Vision has evolved from a corporate training supplier to one of South Africa's foremost social impact organizations. Our strategic partnerships, innovative solutions, and diverse portfolio showcase our commitment to making a difference beyond profit.

Unveiling the Full Story Interested in exploring the full story behind Avo Vision's 2022 journey? Dive into the details and achievements by downloading our comprehensive 2022 Impact Report here. It's a testament to our ongoing dedication to fostering meaningful change and inspiring a better tomorrow.

Download our 2022 Avo Vision Impact Report

Financial Literacy Goes Digital

Avo Vision's Financial Literacy programme was launched at the onset of the Covid-19 pandemic and quickly gained traction across the country. Despite the challenges brought about by the lockdown, our company remained steadfast in its mission to reach communities and equip them with the knowledge and skills needed to manage their finances well.

To achieve this, our determined team utilized digital platforms like WhatsApp, Zoom, and Teams to deliver the training to over 18,183 participants throughout South Africa. This new way of learning has now become the new normal and has helped many individuals keep their spending habits in check.

One of our trainers, Rofhiwa Munzhelele, admits that he was initially skeptical about the effectiveness of online training, but the experience turned out to be a great learning journey for him. He was surprised at how engaged participants were and how they were able to learn from each other, even in the absence of physical interaction. Rofhiwa now uses various tactics to make the learning process fun and engaging for everyone involved.

Our Financial Literacy Training not only imparts valuable information but also gives participants the confidence to explore opportunities that may not have been available to them before. For instance, one of our participants landed a job using Avo finance modules as a reference. This kind of impact motivates us to reach even more people and change more lives.

At Avo Vision, we are not just concerned with providing certificates; we are passionate about transforming lives. Our training model creates job opportunities and exposes people to new skills and experiences that can help solve the unemployment problem in our country. We have also taken into account factors like data costs and administrative support to ensure that every participant receives the support they need to succeed.

We are committed to delivering impactful skills and enterprise development training to all communities in South Africa, regardless of the conditions. Connect with us at engage@avovision.co.za, and join us in our mission to drive change and empower individuals and communities.