Poverty Reduction Network

Life skill and financial literacy short term training Proposal

Submitted to
Well Start Growth mind organization

Submitted By:
Poverty reduction network

January, 2024
Gambella-Ethiopia

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 Table of Contents

1. Introduction..........................................................................................3
3. Beneficiaries..........................................................................................4
4. Activities and proposed work plan...............................................................4
5. Deliverables/ Expected outcome..................................................................6
6. Duration of the training............................................................................6
7. Monitoring and Evaluation........................................................................6
9. Risks...................................................................................................7
10. Total Budget..........................................................................................7

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1. Introduction

The Poverty Reduction Network Organization (PRNO) in cooperation with Well Start Growth
Mind Organization (WSGO) is planning to implement the short term training for three day and
evaluated the progress and got building comments of the implementation which will guide the
next training program. The PRNO life skills and financial literacy training program is designed
to develop the capacity of livelihood entrepreneurs to gain adequate knowledge and skills related
to daily living including establishing a savings culture and managing their finances.it is
important to provide financial training to those who are involved in sustainable development, so
they have different mental, intellectual, age and life style backgrounds, and their lives may have
been challenges by various external and internal factors.

People living in poverty may live by various means of subsistence. But these life choices may
not be permanent. If they change their minds and engage in various form of income-generating
activities, they will be able to lead a more independent life.

On the contrary, if they rely solely on the support of relatives or neighbors or the government
assistance, they will not be able to improve their position in life and they will also be vulnerable
to extreme poverty.

To implement the life skill and financial literacy project, according to the gap observed from the
market survey, such as; lack of income generating, lack of self-confidence, poor managing self,
and unable to manage their own finances were found as the common challenges. Unfortunately,
often the poorest families are left to fend for themselves.The main purpose of this training
program is to help people change this situation by learning basic life skill and financial literacy.
Based on the feedback the training schedule will be set to 3 days

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2. Objective

The poverty reduction network organization has a vision of “creating competent and self-reliant
citizens to contribute to the economic and social development of the Region as well as the
country, thus improving the livelihoods of all Ethiopians and sustainably reducing poverty”.

3. Beneficiaries
The main beneficiaries of this training will be the communities’ household and entrepreneurs.
They will benefit from the training by gaining theoretical and practical ideas for the core of the
life skill and financial literacy. The poverty reduction network organization (PRNO) will play a
major role as a bridge to connect the communities household and entrepreneurs with the world of
work by creating psychological and pragmatic impact. In doing this, the poverty reduction
network also will be benefiting in promoting its mission as of standards of Ethiopian civil society
strategy.

4. Activities and proposed work plan

Some of the basic and specific activities that will be done in training include:

 Developing basic selection criteria for participant which would apply for participation in
the training.
 Develop short list of interested existing in the entrepreneurs and new entrepreneurs
 The poverty reduction network organization will facilitate the platform meeting
evaluation workshop in the coordination with Well Start Growth Mind
 Monitor overall progress of the program based on the agreed action plan.
 Providing training on entrepreneurs in collaboration with Well Start Growth Mind
Organization
 Reporting through agreed lines on training progress through highlight reports and end
short term training to Well Start Growth Mind Organization.
 Submit progress reports at the beginning of training and a terminal report at the end of the
program period.

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 The activities are expanded in the table below.

The following activity is tentative and will happen after the financing agreement between Well Start Growth Mind Organization and
Poverty Reduction Network Organization is finalized. Every activity sequentially will start from the first date of the financing
agreement made between PRNO and WSGMO as follows.

Activity Timeline Responsible

Preparatory Phase
Preparations of financing agreement between PRNO and WSGMO, and signing Until January 2024 PRNO and WSGMO
Identification of 30 participants 20- January 2024 PRNO
Selection
Pre-selection of potential entrepreneurs, provision of shortlist (30 participant ) to companies 2 February 2024 PRNO
20 women and 10 youth
Implementation
Workshop platform meeting program 10 February 2024 PRNO
Develop life skill training supervision plan in discussion with WSGMO 10 February 2024 PRNO and WSGMO
Meeting and progress report provided at end of training to WSGMO 10 February 2024 PRNO
Evaluation
Evaluation workshop after conclusion of platform meeting 13 February 2024 PRNO and WSGMO
Terminal report of programme submitted to WSGMO 28 February 2024 PRNO

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5. Deliverables/ Expected outcome

The poverty reduction network organization is fully responsible to provide the following
deliverables during the first phase training program implementation schedule:
 The participant will be able to know how to assess different savings option and how much
money they should put a side in an emergency fund.
 The participant should know the long term and short term goals with their household
members
 Conducted implementation progress meeting with various participant,
 Training payment of participant
 Final project report including end-stage evaluation of training program

6. Duration of the training

The short term training program shall be for a total of one week, selection, implementation and
evaluation. The timeframe for implementation is from 20 January until 25 January 2024
including preparation process.

7. Monitoring and Evaluation

The PRN team will develop a detailed M&E plan and present it to WSGMO at the project kick-
off workshop. PRN has a planning, monitoring and evaluation team at the office. The team is led
by the team leader who directly reports to the project manager. Moreover, there will be quarter
review meeting of the project activities among the key stakeholders and the donor to review the
performance of the project.

8. Reporting

The office will be under direct supervision and shall report to WSGMO through first phase life
skill and financial literacy training program coordinating body. Interim reports and financial
reports will be submitted at end of the implementation period. Moreover, terminal report of the
training program will be prepared along with end-stage assessment of its impact.

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9. Risks

The potential risks that may hinder the successful implementation of the life skill and financial
literacy training program. Should be lack of participation from the participant may affect the
effective implementation of the training and may also reduce the performance of the
organization. It will be managed by close follow up from technical team organized and assigned
by the office to monitor the short term training program.

10. Total Budget

The financial breakdown of the life skill and financial literacy required for the successful
implementation of the program is attached in the excel sheet.

The total budget is ETB 50,000.00

I. Staff and Admin cost

A total of staff will be involved. 2 signatories, and 2 from finance.

II. Training cost

Based on the first draft proposal comment provided by WSGMO from head office, the
numbers of participants should be 50

The Grand Total

Therefore, the sum of the subtotal of funding by WSGMO

ETB 50,000.00

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