Strengthening small businesses

In Argentina, German Sparkassenstiftung is committed to promoting education and training in the (micro)finance sector and to improving financial literacy of the public. In doing so, it provides institutional support and strengthens local financial associations and their members, and improves the financial offering for MSMEs through targeted consultancy. 

To drive this development forward, strong local partners are needed above all - Argentina's central bank is a particularly important and strategic project partner for German Sparkassenstiftung. The central bank has been the driving force behind financial education in Argentina for years. It already has agreements with six Argentine provinces aimed at promoting the financial inclusion of the population. Through targeted training of teaching staff, children and young people as well as parents receive financial education.

Setting the course in the banking association

In the Argentinean banking association, German Sparkassenstiftung now has another strong partner. This means that the course can be set at association level for the members or financial institutions to offer needs-based financial services to the population.