Published: May 2007

45th Jornada Informativa

Financial education and productive use of remittances

Coalition: Institute of Mexicans Living Abroad

Financial literacy educators, advocates and industry experts gathered at the 45th Jornada Informativa to share best practices and learn about programs promoting access to financial services and productive use of remittances both in Mexico and the US.

Sponsored by the Institute of Mexicans Living Abroad (IME, in Spanish) and hosted at the Secretary of Foreign Relations in Mexico City, the 45th Jornada Informativa focused on financial education, reducing the cost of remittances and its constructive uses for community development projects. Consumer Action, along with 40 organizations, including Consumer Credit Counseling Service of Atlanta, Money Management International and Wells Fargo, joined the IME to discuss best practices in financial education and to learn about specific programs launched by the government of Mexico to improve access to financial services both in Mexico and the US.

Created by President Vicente Fox Quesada, the IME works to improve the standard of living for Mexicans residing abroad. Through its 47 consulate representatives in the US, and in partnership with government, non and for profit organizations, the IME has established programs that provide access, assistance and education in the areas of financial services, housing and economic development.

Consumer Action, a national, non-profit organization based in San Francisco, CA, provides free, multilingual, financial education materials to its network of more than 9,000 community-based organizations. Consumer Action conducts free train-the-trainer workshops and roundtables and assists community-based organizations in the planning and implementation of financial literacy programs that work to strengthen communities and build assets.

Consumer Action is proud to collaborate with the IME to continue educating consumers on how to manage their money successfully, the basic features of banking services, and how to handle problems with financial institutions.

For more information about the IME, visit http://www.ime.gob.mx/.

Lead Organization

Institute of Mexicans Living Abroad (IME)

More Information

Institute of Mexicans Living Abroad (IME)

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