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Last Updated: Mar 8, 2018 - 3:30:55 AM |
To mark this year’s International Women’s Day, P.A.C.E. (Providing Access to Continued Education) and S.T.R.A.W. Inc. Center (Strengthening, Transforming, Restoring, and Affirming young Women) - two local organizations that provide positive intervention and resources in the lives of young women – are highlighting the importance of financial literacy in everyday life with the help of donations and financial education from CIBC FirstCaribbean. L to R: CIBC FirstCaribbean’s Antionette Turnquest and Beulah Arthur, P.A.C.E. President Jackie Knowles, CIBC FirstCaribbean’s Stacia Williamson, S.T.R.A.W. Treasurer Verdie Kriz, and CIBC FirstCaribbean’s Gezel Farrington, Marie Rodland-Allen, and Sherrylyn Bastian. Photo credit: Serena Williams Media and PR
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Nassau, Bahamas - Two leading charities focused on empowering young women joined forces with regional bank CIBC FirstCaribbean to promote financial literacy and entrepreneurship among young women.
The activities took place as part of International Women’s Day – celebrated March 8th annually – which recognizes the remarkable strides that have been made towards gender equality, raises awareness of the ongoing struggles of women, and encourages them to continue to #PressForProgress every year.
This year, the organisations P.A.C.E. (Providing Access to Continued Education) and S.T.R.A.W. Inc. Center (Strengthening, Transforming, Restoring, and Affirming young Women) - two local organisations that provide positive intervention and resources in the lives of young women – are highlighting the importance of financial literacy in everyday life and as a tool for those with an entrepreneurial spirit.
The two organisations received donations from CIBC FirstCaribbean, their partner in bringing financial savvy and interactive financial presentations to young girls.
P.A.C.E. is a program that enables first-time pregnant, school-age girls to continue their education and gain entrepreneurial skills. To mark International Women’s Day, CIBC FirstCaribbean’s Antionette Turnquest talked to the young women on understanding the importance of business and interview techniques.
S.T.R.A.W. is hosting their 14th Annual Girls’ Leadership conference at the British Colonial Hilton on March 16th. CIBC FirstCaribbean’s Beulah Arthur and Stacia Williamson will conduct a financial literacy seminar on behalf of the bank as part of the educational line-up.
P.A.C.E. President Jackie Knowles said: “We’re happy to partner once again with CIBC FirstCaribbean for International Women’s Day. P.A.CE. continues to be a necessary component for our society because there will always be teen pregnancy. I think it’s important to show our girls that their history doesn’t have to become their destiny. We as women are strong, and just because they may have been a teen mom whose education was interrupted, that’s not the end of their story. We try to give them the best tools for success, and financial literacy can be a major part of their personal journeys.”
S.T.R.A.W.’s Executive Director Therena Cunningham said: “CIBC FirstCaribbean’s donation will assist young women who are planning to attend our conference. They will be coming from practically every public and private school throughout New Providence and the Family Islands. It’s a networking experience for them to join with others to learn new skills, tips, tools, and techniques and to underscore education as the key to success.
“It’s crucial that we teach our young women how to earn money, budget, save, and use it to their advantage. Financial literacy is lacking in The Bahamas, but it’s important for these girls to understand how money works and how to make it work for them. – more –
“We want our young women to feel bold, courageous, and strong about everything they’re doing, including the financial aspects of their lives.”
CIBC FirstCaribbean’s Managing Director (Bahamas and TCI) Marie Rodland-Allen said: “International Women’s Day is a major focus for us because we have so many strong women who are worthy of celebration within our ranks. They’re not just employees but proactive members of our communities, and we want to see more women like that everywhere.
“It’s an honour to partner with these two organisations which both have such a huge impact in the lives of our young women. We’re doing our part in intervention by teaching young girls valuable and smart ways to interact with finances, because the way you handle money can change your life.”
The bank also celebrated International Women’s Day internally by profiling the accomplishments of female employees within their organization. They also hosted an internal lecture. Employees participated in a “purple dress” day and had the chance to win trivia prizes throughout the day.
© Copyright 2018 by thebahamasweekly.com
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