Knowledge management in financial education in Peruvian government programs focused on women: Progress and challenges

  • Received November 8, 2022;
    Accepted April 6, 2023;
    Published April 20, 2023
  • Author(s)
  • DOI
  • Article Info
    Volume 7 2023, Issue #1, pp. 1-14
  • Cited by
    3 articles

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This work is licensed under a Creative Commons Attribution 4.0 International License

In Latin America, the age group made up of women is at a disadvantage compared to men in terms of their economic empowerment, which is reflected in the lack of access to paid employment, their average wages are lower than those of men and their performance in poor quality jobs. In this context, the objective of this study is to analyze what aspects of knowledge are developed by the main government financial education programs focused on Peruvian women belonging to organizations (Comedores Populares Programs) or participants in a state social program (Juntos Program) in order to include them financially. The method used is documentary research that seeks to deepen the financial education proposals that the Peruvian government has provided in the last 10 years. The results show that the implementation of government programs increased the participation of women in financial education actions by 61%, achieving a significant improvement from 31% to 77% in the knowledge obtained by the beneficiaries in financial matters; and that, due to the poverty characteristics of the beneficiaries, there were limitations in access to digital media and the current programs are carried out in person. It was concluded that the knowledge management component of the programs should focus on economic empowerment and attitudes towards money and not only on practical knowledge of financial products and services; and that the State must implement policies to ensure that beneficiaries have access to technological equipment so that training uses digital resources and not only resources for face-to-face training.

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    • Table 1. Implementation of the Juntos pilot program in Peruvian regions and number of beneficiaries
    • Table 2. Financial education programs that are part of the JUNTOS program
    • Table 3. Programs implemented for the benefit of women leaders of soup kitchens
    • Table 4. Increased knowledge of the program taught to women leaders of soup kitchens
    • Table 5. Main findings of education programs focused on women by analysis variables
    • Conceptualization
      Jorge Antonio Machuca-Vílchez, Franklin Cordova-Buiza
    • Data curation
      Jorge Antonio Machuca-Vílchez, Franklin Cordova-Buiza
    • Methodology
      Jorge Antonio Machuca-Vílchez, Franklin Cordova-Buiza
    • Resources
      Jorge Antonio Machuca-Vílchez, Maria Jeanett Ramos-Cavero
    • Validation
      Jorge Antonio Machuca-Vílchez
    • Formal Analysis
      Maria Jeanett Ramos-Cavero
    • Investigation
      Maria Jeanett Ramos-Cavero, Franklin Cordova-Buiza
    • Project administration
      Maria Jeanett Ramos-Cavero
    • Software
      Maria Jeanett Ramos-Cavero
    • Writing – review & editing
      Maria Jeanett Ramos-Cavero, Franklin Cordova-Buiza
    • Supervision
      Franklin Cordova-Buiza
    • Visualization
      Franklin Cordova-Buiza