News
News Categories

Visa launches an interactive play for financial literacy of the young Filipinos

By Yrda Veanssa Sy Fernandez - on 4 Oct 2017, 1:34pm

Visa launches an interactive play for financial literacy of the young Filipinos

Visa, the world’s leader in digital payments, launched Lukot-lukot, Bilog-bilog (Crumpled Round), an interactive play featuring national heroes, developed with Tanghalang Pilipino (TP), the resident drama company of the Cultural Center of the Philippines (CCP), and the Bangko Sentral ng Pilipinas (BSP), designed to educate and empower the Filipino youth to make informed financial decisions. This is the first of its kind launched by Visa in the Philippines in support of the government’s National Strategy for Financial Inclusion spearheaded by the Bangko Sentral ng Pilipinas.

Lukot-lukot, Bilog-bilog will showcase common scenarios faced by a Filipina senior high school student protagonist named Gwyneth who is challenged to make decisions between her needs and wants. Native Filipino heroes such as Jose Rizal and Apolinario Mabini will also ‘come alive’ from the crumpled bills and rounded coins to help the main character make wise decisions.

apolinario mabini, bangko sentral ng pilipinas, bsp, ccp, cultural center of the philippines, financial literacy, jose rizal, national heroes, tanghalang pilipino, visa

“At Visa, we strongly believe in the importance of financial literacy and it is a key area of focus as part of our corporate social responsibility efforts. Hence, with the support of BSP, we created this financial literacy program and interactive play through Lukot-lukot, Bilog-bilog where the Filipino youth can relate to various scenarios on making money management decisions. With millennials forming a large population in the Philippines, we believe it is crucial to spread the knowledge of how to manage their money at a young age, and to highlight the importance of making smart monetary decisions,” said Stuart Tomlinson, Visa Country Manager for the Philippines and Guam.

Starting October, the show will be performed in close to ten different schools to make financial literacy education more accessible to the students. This program is aligned with the government’s National Strategy for Financial Inclusion, in particular, the pillar on financial education and consumer protection

Visa’s financial literacy initiative also aims to reach out students under Teach for the Philippines, a program Visa has been actively involved with previously. “We want to secure the future of the Filipino youth and are committed to forging the path to financial literacy and inclusion. We envision the program to reach more students throughout the country in the coming years,” added Stuart Tomlinson.