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The Comprehensive Financial Education Week for Mexicans Abroad 2021 will take place from June 14 to 21

Under the slogan “Financial Education without Borders”, the 9th edition of the Comprehensive Financial Education Week for Mexicans Abroad (SEFIME) will be held. It will be held in the Mexican representations in the US, Canada and Latin America in virtual mode.

In 2006, the Institute of Mexicans Abroad (IME) started a financial education program for Mexican migrants. The program was designed to bring Mexican communities in the United States closer to services and programs focused on the administration of their economic resources.

Thus, six years later, the first Financial Education Week was held through the IME and the Consular Network of Mexico in the United States and Canada. In this way, financial services and financial education were brought closer together by Mexican communities in both countries.

Since 2012, eight editions of this activity have been held, reaching more than half a million people directly thanks to the work of more than 700 local partners and more than 3.1 million people through the media. In addition, they have had the participation of 20 public and private institutions in Mexico.

This year, the Financial Literacy Week activities have been modified to include more countries. “For the year 2021, in order to give attention to bringing information on financial inclusion education to the Mexican Representations in Latin America, it is decided to change the name to Comprehensive Financial Education Week for Mexicans Abroad (SEFIME) in order to to serve the diaspora in those countries, "explains the IME.

The SEFIME will be an activity that will also be supported by the collaboration of the Consular Network of Mexico in the US and Canada with the IME. The SEFIME will offer workshops, training, talks and more, on financial education issues aimed especially at Mexican men and women living abroad. This year it will be held in virtual mode from June 14 to 21.

Important issues will be addressed such as:

  • Banking
  • Savings
  • Investment
  • Credit
  • Housing
  • Land ownership
  • Taxes
  • Remittances
  • Entrepreneurship
  • Productive projects
  • Integrity and business ethics
  • Labor rights
  • Protection of heritage
  • Documentation
  • Prevention
  • Population in return

SEFIME will collaborate with various national institutions of the financial sector, with the objective of training community leaders and organizations to replicate the work of the rest of the Mexican population living in the United States.

It will also have an activity related to Investment Models. “Initiative that seeks to promote the development of financial mechanisms for the participation of the migrant community in major development projects of the Government of Mexico, as well as of its regions, promoting savings, self-production, investment through investment models, transfer of resources and production in the areas of greatest migration in Mexico ”, according to the IME.

Consult more information on the official site of the IME: https://www.gob.mx/ime

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