The aim of the programme was to strengthen financial awareness and more systematic budgeting in low-income households. The programme was based on the IDA method, which is popular in the United States: participants saved money on a monthly basis in their own bank accounts, and this was matched by a grant of the same amount, helping them to achieve their savings goals. A condition for receiving the grant was participation in the financial training sessions that formed part of the programme.
2008 October 31 — 2009 November 30
The aim of the Opportunity Fund (Esélykassza) programme was to develop and test an approach – previously unused in Hungary – that combines financial, educational and development methods, with a view to strengthening the financial literacy and more systematic household management of households living in extreme poverty in small settlements. The programme was implemented by Autonómia, with Mikrohitel Zrt. involved in the management of the financial activities.
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