Last week president Filipe Nyusi of Mozambique and his wife paid an official state visit to the Netherlands. CEO and co-founder of TTC Mobile Bas Hoefman was invited to have lunch with the president and the Dutch King and Queen on Friday, a perfect opportunity to meet other entrepreneurs that are active in Mozambique and to discuss our current financial literacy project with Queen Máxima.
Lunch at Noordeinde Palace
President Nyusi of Mozambique visited the Netherlands, home to TTC Mobile’s headquarters, for an official three-day state visit. Friday morning Nyusi met Dutch prime minister Mark Rutte, followed by a ceremonial reception and lunch with king Willem-Alexander and Queen Máxima. For the lunch, several Dutch and international entrepreneurs active in the region of Mozambique were invited at the palace in The Hague. Our CEO and co-founder Bas Hoefman was one of them and had the chance to explain something about our activities to his royal and presidential hosts, specifically about our financial literacy project in Mozambique.
Financial literacy training in Mozambique
Bas was invited to the lunch because of a financial literacy project that we are currently running in Mozambique. The PRIORRY Financial Literacy Training is initiated by the World Bank and the Ministry of Agriculture of Mozambique and contains an SMS-based accountancy system for farmers that is in the hands of TTC Mobile. The training program recently started after a long delay caused by political turmoil in the country.
Through an SMS-based accountancy system, saving data will be collected to measure the individual and group progress towards saving targets. Using this information, farmers can be supported in improving their financial literacy. The training program will benefit 40 farmer associations.
Queen Máxima and financial literacy
The training program in Mozambique was of particular interest to the Dutch Queen Máxima, who showed her curiosity by asking multiple questions on the project specifics. The Queen has served as the United Nations Secretary-General’s Special Advocate for Development (UNSGSA) since 2009, and is a leading global voice advancing universal access to affordable, effective and safe financial services. In this role, Queen Máxima had an additional meeting with the president on Friday afternoon, in which they discussed financial literacy and education in Mozambique.