Volvo Partners with Junior Achievement for Youth Financial Literacy Program

Volvo Financial Services (VFS) is partnering with Junior Achievement Worldwide (JA) in an effort to teach financial literacy skills to young people in nine countries. As part of the partnership, VFS employee volunteers join with Junior Achievement Worldwide educators to equip the next generation with the financial skills and knowledge needed for success and self-sufficiency in the future. The individual programs in the nine countries begin this month.

“Today’s young people are tomorrow’s leaders, and we want to do our part to ensure they have the skills needed to make sound financial decisions as they mature into adulthood,” Marcio Pedroso, president of VFS, said. “We are proud to partner with JA to combine our financial know-how with their educational expertise and help make an impact in the lives of children across the globe.”

VFS employee volunteers will partner with JA educators in Brazil, France, India, Italy, Peru, South Africa, Spain, the United Kingdom and the United States, all in communities where VFS employees live and work. They will teach young people important financial skills, including setting personal financial goals, developing a savings plan and how to budget effectively. Participating youth will also have a chance to learn firsthand about careers in the transportation and equipment industries that VFS serves.

The investment is fully aligned with the Volvo Group’s overall sustainability ambitions, which include a commitment to all 17 of the United Nations sustainable development goals (SDGs). Developing strong financial literacy skills will have a positive impact on several SDGs, including helping end poverty, supporting quality education, empowering women and girls and more.

“We are grateful for partners like Volvo Financial Services that share our mission and take responsibility for ensuring more young people access the quality learning experiences they need and deserve,” Asheesh Advani, CEO of JA, said. “By providing young people access to financial literacy education, we can help them navigate toward a financially healthy future.”

Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.