Equipping Women with Financial Skills: Key Takeaways From Her Advantage's Financial Literacy Training

Her Advantage recently launched Together for Prosperity – A holistic program that integrates financial literacy training with access to enterprise capital, mentorship and savings mechanisms for women-led cooperative societies in low-income communities. The program reinforces shared ownership, peer support, and mutual accountability while promoting sustainable business growth and economic empowerment for women.

On October 31, 2025, 30 women gathered at New Glory Baptist Church, Igando Oloja, Ibeju Lekki for the inaugural financial literacy training session of the Together for Prosperity program.

Key Objectives

Empowering women economically starts with equipping them with the right tools and knowledge. The financial literacy training sessions were designed to strengthen women’s capacity to manage their finances effectively, make informed decisions, and build stable livelihoods that would bring them out of poverty. The core objectives were to help participants to:

1. Understand basic financial concepts and terminologies.
2. Develop skills in financial management.
3. Learn business management principles.
4. Understand the benefits and challenges of collectivization in building wealth.

Training Sessions

The program consisted of three facilitated sessions:

1. Financial literacy and everyday money management, emphasizing savings, budgeting, and prioritization.
2. Fundamentals for running successful microenterprises and the intricacies of collective businesses.
3. Orientation on the Together for Prosperity program.

Key Takeaways

• Participants demonstrated consistent engagement and enthusiasm throughout the training.
• Financial literacy concepts were most effective when grounded in everyday experiences and local examples.
• Cooperative groups expressed strong interest in collective enterprise models and the relevance of the training for both personal and business needs.
• The training highlighted the potential for women’s economic empowerment through collective action.

Impact and Next Steps

The Together for Prosperity program is driving lasting change by empowering women with financial literacy and business skills. With their newfound knowledge, participants are poised to grow their micro-enterprises, boost their incomes, and contribute to their communities’ economic growth.

The training will be followed by:

• Registration of cooperative societies with Her Advantage for enterprise capital disbursement.
• Access to group-based enterprise capital funding to fuel business growth.
• Ongoing support and mentorship to ensure success.

By providing women with the tools and resources they need, we are unlocking a brighter future for families, communities, and the economy.