The Lufkin Foundation for Entrepreneurship and Migration (FLAME) in partnership with CEC Bank, a bank with a long tradition of service and one of Romania’s national symbols, have conducted a Pilot Project in Financial Literacy under the aegis of Romania’s centennial on October 22 through October 26, 2018 in Spain.
This project was intended for the benefit of the Romanian children, ages 8-14, living in the Madrid and Castilla-La Mancha communities, two regions with the highest concentration of Romanian migrants. The objective of the project was to provide basic financial literacy training that could assist in the development of a responsible financial behavior which will be the basis of subsequent economic decisions.
The courses were held in Romanian language at eight schools, and were attended by over 200 children who participated with enthusiasm, shared also by their parents and local teachers. The FLAME Foundation and CEC Bank have brought to Spain not only the opportunity for the Romanian children to learn financial literacy, but also Romanian values.
The partnership between the FLAME Foundation and CEC Bank, united through this socially responsible project, was based on a joint mission of supporting the Romanian migrants and their children living in Spain, as well as maintaining the material and spiritual ties with our homeland.