For the members of the Microfinance Project, basic financial literacy module has been developed. The modules includes introduction of financial literacy program, setting of financial goals, savings method and techniques, expenditure management, borrowing decisions and budgeting.
The training should conduct within the first four months in a center meeting. In the following month of the center meeting the training contents should be reflected among the members. These modules have to be repeated and the meetings may also be used a platform for RENEW core business issues.It is important that the people in the rural areas understand why saving money is important and what they have to know about loans. We also educate them to maintain the personal budget record keeping which they can the track of their income and expenditure.