Rwanda | Rubavu: Pupils called to commit to saving culture

During the event to celebrate the International day of saving on October 31st 2012, youth in Ngororero district were urged to adopt saving money and attain a better standard of living.

Though it’s not common for young children to save, pupils in Ngororero district were encouraged to start saving, which is a vital culture especially in this generation.

The celebrations were organized by CLECAM wisigara in association with AMIR (Association of Micro Finance Institutions Rwanda) and SBFIC (Savings Banks Foundation for International Cooperation) in Germany.

According to Ezechiel Nsengiyumva buntu vice-mayor for economic activities in Rubavu district, youth must be taught the culture of working and saving.

He adds that saving prevents extravagancy saying that youth grow up thinking of investing their money wisely and become rich.

Some experts say that teaching a child to save is hard because children like buying everything they see, but it’s crucial to teach youth to save for the future and solve problems they meet.

Over 60 percent of the population in Rubavu district is youth and 30 percent is children. If the young adopt the saving tradition, they can develop with ease at grown up stage.

World Savings Day was started on October 31st 1924 to get people committed to the idea of saving money in order to gain a higher standard of life and to secure the economy.

The theme for 2012 Worlds Savings Day says “let’s save for the future and dignify to ourselves”.

 

 

 

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