| Universiti Putra Malaysia

Citi-UPM programme hones mature women on financial independence

Norizahamalina Ramli
Foto oleh Noor Azreen Awang



SERDANG, Feb 12 - Gerontology Institute (IG), Universiti Putra Malaysia (UPM) in collaboration with Citi Foundation, jointly organised the Citi-UPM Financial Empowerment for Mature Women to mete out financial solutions for old age benefits.

IG Director, Prof. Dr. Tengku Aizan Hamid, said the programme also managed to teach women, ranging from 40 to 60 years old, to be more concerned about their financial security planning and ensure that they will be financially independent before reaching old age.

She said, the majority of women in low-income families have the potential in facing acute financial difficulties once they reach old age.



"One of the factors that increases the risk is no early planning and poor financial management in the family institution," she said at the programme’s appreciation and certificate presentation ceremony here.

Participation certificates were presented by Deputy Vice Chancellor (Industry and Community Relations), Prof. Dr.-Ing. Ir. Renuganth Varatharajoo to 88 participants from UPM Women’s Association (PERMATA), Malaysia Hindu Sangam Association, Paya Jaras Muslim Women’s Association and Sri Melaka Women’s Association.

The organisation of the appreciation and certificate presentation ceremony was also intended to recognise the involvement of the participants who had joined the programme since early 2014.

A programme participant, Nurul Ain Yap Abdullah, 53, said as a salon entrepreneur, the programme had helped her out in reassessing business debts to allay her financial burden.

"This programme taught me to be more watchful when handling a large amount of cash for business purposes and every woman should be encouraged to participate in such a programme," she said.

Meanwhile, for Saraswathy a/p Chellamuthu, 34, even though she has yet to reach the age of a mature woman, but the knowledge gained through the programme had become an eye-opener for her, especially on how to hone prudent financial practices.

"As a full-time homemaker, this programme changed my view, especially on the importance of savings for emergency use," she added. - UPM


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