Financial Literacy and Inclusion Association (FODER) is established by founding chair Özlem Denizmen at the end of 2012. FODER cooperates with government and private sector institutions and other civil society organizations in order to create financial literacy, to raise awareness on financial inclusion and access and to ensure opportunities for individuals across the country.
FINANCIAL LITERACY AND INCLUSION
Financial literacy is the ability of persons to make an assessment of the use and management of money and to have an effective decision-making. In other words, financial literacy can be defined as the ability of individuals to evaluate their income, savings and investments wisely and to have the competency to manage their budget effectively. Financial literacy is defined by OECD...
NATIONAL ACTION PLAN FOR FINANCIAL LITERACY AND INCLUSION
A comprehensive study was developed in consultation with stakeholders, by being aware of the fact that the financial literacy of the population is essential for sustainable development; and Prime Ministry circular dated on June 2014 on Financial Access, Financial Education, Financial Consumer Protection Strategy and Action Plans was published.