Cha-Ching expands reach to 2 million youth as programme marks 10th anniversary

“I’m proud to see how Cha-Ching has given young learners the kind of financial education many of us wish we had growing up. Ten years in, and two million students later, the message is clear: the need is real, and so is the impact.” ~Atty. Calvin Kohchet-Chua, Pru Life UK Senior Vice President & Chief Legal, Government Relations, and Sustainability Officer

[L-R] Vivek Kumar, JA Asia Pacific President and Chief Executive Officer; Maricel Estavillo, Pru Life UK Vice President for Takaful & Sustainability; Pia Warburton, Prudence Foundation Senior Manager; Nicole Ngeow, Prudence Foundation Executive Director; Atty. Calvin Kohchet-Chua, Pru Life UK Senior Vice President & Chief Legal, Government Relations, and Sustainability Officer; Paula Patrice Dela Cruz, JA Philippines Director of Operations; and Dr. Krishna Alejandrino, JA Philippines Executive Director

Pru Life UK and Prudence Foundation remain committed to expanding and improving financial literacy coverage in the country, with their flagship financial education programme, Cha-Ching, recently reaching two million Filipino youth beneficiaries, a significant milestone coinciding with the program's tenth anniversary. 

To highlight Cha-Ching's growing reach and transformative impact, Pru Life UK held a Financial Literacy Summit and Engagement Session on June 16 at Cha-Ching partner Senate President Neptali A. Gonzales Integrated School (SPNAGIS) in Mandaluyong.

Teachers, students, representatives from JA Asia Pacific and JA Philippines, as well as key officials from the Department of Education's (DepEd) national and regional offices, were among the many stakeholders and significant partners in attendance. They all conveyed a deep dedication to the Cha-Ching and its current endeavors.

One of the highlights of the event was a presentation of the Cha-Ching session, which exemplifies the program's experience-driven, participatory approach that promotes beneficiary participation. 

The event was an important chance to formally recognize and honor the program's devoted DepEd partners and Teacher Champions, who have been crucial to the successful implementation of financial education programs in classrooms, in addition to celebrating Cha-Ching's 10th anniversary and two million reach milestones.

A stakeholder perspective that emphasized Pru Life UK's commitment to innovation and continuous development was also extended to alumni, educators, parents, and local leaders.

The Prudence Foundation, the community investment division of Prudential plc, the parent company of Pru Life UK, developed the award-winning global financial literacy program Cha-Ching, which gives the next generation the financial knowledge and skills they need to make prudent decisions that support financial wellbeing and a resilient future.

A curriculum program was developed in collaboration with JA Asia Pacific to encourage money-smart behavior, knowledge, and values in children aged seven to twelve. The curriculum has been taught to more than 3 million students in 16 Asian and African markets, with more than 87,000 instructors trained thus far.

About Pru Life UK

Pru Life UK is the leading life insurer in the Philippines demonstrating its commitment to protect Filipinos’ financial future and well-being for every life, for every future.  

 

Established in 1996, Pru Life UK operates in over 200 branches and general agency offices in the Philippines, and holds the largest life insurance agency force of over 35,000 licensed agents. 

  

Pru Life UK offers a wide range of tailored solutions that address the unique and evolving needs across demographics and life stages. These include life protection, health, accident and disability, and investment-linked insurance.   

 

Currently, Pru Life UK serves over 930,000 individual policyholders and more than 85,000 insured group members, and ranks first in New Business Annual Premium Equivalent* as of FY 2025, according to the Insurance Commission.   

 

Pru Life UK is a subsidiary of Prudential plc, with a legacy of more than 175 years of safeguarding the future of millions of families for this generation and generations to come.   

 

Pru Life UK is headquartered in 9/F Uptown Place Tower 1,1 East 11th Drive, Uptown Bonifacio, Taguig City 1634, Metro Manila, Philippines. Its main customer center is located in G/F Cluster 2, Uptown Parade, Megaworld Blvd. corner 36th street Uptown Bonifacio, Taguig City 1634, Metro Manila, Philippines. Its customer center contact details are: +63 (2) 88875433 (within Metro Manila) and 1-800-107785465 (for domestic toll-free via PLDT landline), email: contact.us@prulifeuk.com.ph. 

 

The PRU customer center processes customer concerns based on applicable timelines provided by the law. Visit www.prulifeuk.com.ph/en/contact-us/ for the list of its branches and more information. 

 

Pru Life UK is legally permitted to provide financial products or services in the Philippines as regulated by the Insurance Commission. 

 

The Insurance Commission’s head office is located in 1071 United Nations Avenue Ermita, Manila, Philippines. Their Cebu District office is located at Unit 17, Ground and Second Floors, The Gallery, Pope John Paul II Avenue, Barangay Kasambagan, Cebu City, while their Davao District office is in Door 2 & 3, 3rd Floor of YAP Building Quimpo Boulevard, Ecoland, Davao City. Visit www.insurance.gov.ph/contact-us/ for more information. 

 

Notes: 

*New Business Annual Premium Equivalent (NBAPE) – premium for a new policy paid in a year  

 

 

Please use "Pru Life UK" when referring to the company.

 

About Prudence Foundation

 

Established in 2011 in Hong Kong, Prudence Foundation is the community investment and philanthropic arm of Prudential plc. 

The Foundation builds financial wellbeing, and climate and health resilience for underserved Asian and African communities. We are committed to sustainable, long-term solutions that empower individuals and communities to make informed financial decisions, access affordable financial products, as well as be more prepared and protected against climate related health risks. We actively engage in public-private partnerships, collaborate with governments, NGOs, communities and other private sector entities to build collective efforts for lasting change. To date, our programmes are implemented across 16 markets in Asia and Africa, reaching millions of people. 

For more information: www.prudencefoundation.com 

Prudential is not affiliated in any manner with Prudential Financial, Inc. a company whose principal place of business is in the United States of America, nor with The Prudential Assurance Company Limited, a subsidiary of M&G plc, a company incorporated in the United Kingdom. 

 

About Junior Achievement Philippines

Junior Achievement of the Philippines (JA Philippines) is a proud member of JA Worldwide®, a global nonprofit organization dedicated to empowering youth. JA Philippines offers K-12 programmes focused on fostering financial literacy, work readiness, and entrepreneurship skills among young individuals. With nearly a century of experience, JA has implemented successful programmes across 123 countries, collaborating with academia, government, and the private sector.

 

JA Philippines has been recognized for its outstanding contributions and partnerships. The organization has collaborated with various corporate social responsibility (CSR) projects. This collaboration highlights JA Philippines' commitment to promoting economic empowerment and providing opportunities to the youth. The global impact of JA Worldwide has garnered significant recognition. The organization has been nominated for the Nobel Peace Prize for two consecutive years due to its remarkable achievements in empowering youth globally and its ability to foster unity amidst diversity.

 

Are you passionate about empowering youth and shaping the future generation? Volunteer with Cha-Ching and be part of our impactful initiative recognized at the 2024 Asia-Pacific Stevie Awards! Join us in our pursuit of transforming lives, one student at a time. By becoming a volunteer, you'll play a vital role in equipping young minds with essential financial literacy skills; you may visit https://www.cha-ching.com/en/.