East Oakland SuSu Financial Literacy Academy
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Addressing economic barriers with the East Oakland SuSu Financial Literacy Academy.
ABOUT
The East Oakland SuSu Financial Literacy Academy (FLA) connects East Oakland residents of color, particularly Black low income earners, to resources for personal and group economic advancement. The FLA program is designed to establish a culturally safe and fun way to collectively advance towards a solid financial future and build trust in economics by highlighting traditional SuSu (sou-sou) practices stemming from West Africa, the Caribbean and other regions across the globe.
The program offers individuals a **FREE** debit and savings account combined with free monthly financial empowerment workshops and resources to expand participant financial awareness in budgeting, debt management, savings and more.
We offer up low-income or financially-challenged community members a stipend to participate in the program.
HOW IT WORKS
Selected participants will be registered for the program and will be learning together for 12 months via workshops with BIPOC financial experts and financial empowerment exercises - both geared towards boosting personal confidence in financial management and access to resources. Completion of the academy will result in five $200 payouts – all covered by the FLA Program. Payouts will be administered via a Focus Card issued by Community Financial Resources to each FLA participant after milestones are achieved. We want each participant to get the most out of the program. Therefore, EOC reserves the right to forfeit payout(s) if program milestones are not achieved.
WHAT IS SUSU?
Su - Su /‘soōsoō/ - is an informal means of collecting and saving money through a savings club or partnership. This means of saving money is a cultural tradition that is widely used in the Caribbean, West and East African territories, to name a few and in many different cultures.
The East Oakland SuSu Financial Literacy Academy (FLA) connects East Oakland residents of color, particularly Black low income earners, to resources for personal and group economic advancement. The FLA program is designed to establish a culturally safe and fun way to collectively advance towards a solid financial future and build trust in economics by highlighting traditional SuSu (sou-sou) practices stemming from West Africa, the Caribbean and other regions across the globe.
The program offers individuals a **FREE** debit and savings account combined with free monthly financial empowerment workshops and resources to expand participant financial awareness in budgeting, debt management, savings and more.
We offer up low-income or financially-challenged community members a stipend to participate in the program.
HOW IT WORKS
Selected participants will be registered for the program and will be learning together for 12 months via workshops with BIPOC financial experts and financial empowerment exercises - both geared towards boosting personal confidence in financial management and access to resources. Completion of the academy will result in five $200 payouts – all covered by the FLA Program. Payouts will be administered via a Focus Card issued by Community Financial Resources to each FLA participant after milestones are achieved. We want each participant to get the most out of the program. Therefore, EOC reserves the right to forfeit payout(s) if program milestones are not achieved.
WHAT IS SUSU?
Su - Su /‘soōsoō/ - is an informal means of collecting and saving money through a savings club or partnership. This means of saving money is a cultural tradition that is widely used in the Caribbean, West and East African territories, to name a few and in many different cultures.
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Join the 2025-2026 Financial Literacy Academy!
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Criteria (target audiences)
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Program Guidelines
Deadlines
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