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About the Foundation
Impact
Riyali Program Beneficiaries in Numbers
The program aims to enhance financial literacy within the community, develop financial skills, and provide individuals with the knowledge needed to manage their financial responsibilities, while promoting key principles of financial planning.
| Program | Ministry of Education Students | Riyali Website |
|---|---|---|
| Riyali Essentials | 183,735 | |
| Shabab Riyali | 257,000 | 453,368 |
| Ashbal Riyali | 582,000 | 390,515 |
| Ajyal Riyali | 88,000 | 237,338 |
| Total |
Partnership with the Ministry of Education
The strategic partnership between the Ministry of Education and Riyali has reached students and parents through SMS campaigns. Since 2017, the program has trained more than 1,200,000 students across different educational levels.
Riyali Impact Assessment Study
A field study was conducted using surveys sent via SMS to 24,730 students and parents.
|
|
|
|---|---|---|
| 5,433 beneficiaries | 4,597 beneficiaries | 14,700 beneficiaries |
Measurement Indicators
The study was based on three key dimensions:
- 1. Financial Knowledge
- 2. Financial Attitudes
- 3. Financial Behaviors
Across 16 cities in Saudi Arabia.
Beneficiary Needs Assessment Study
Before launching the programs, a study was conducted to better understand beneficiaries' needs and guide awareness efforts.
| 79 % | 44 % | 11 % |
|---|---|---|
| emphasize the importance of financial education for children under 12 | of beneficiaries do not save any money | only know how to spend their money |
Behavioral Impact Results
| 79 % | 44 % |
|---|---|
| improved their financial knowledge | developed a sense of confidence and financial dignity |
After completing Riyali, beneficiaries improved their financial behaviors.
| 86 % | 81 % | 68 % |
|---|---|---|
| started saving | began budgeting | started investing or considering investment |
Beneficiary Satisfaction Rates
Riyali Success Indicators
| 62 % | 81 % | 78 % |
|---|---|---|
| of youth recommend Riyali | of Ajyal participants recommend Riyali | of parents of Ashbal participants recommend Riyali |
Riyali Success Stories