Sun Life Hong Kong Limited has announced a HK$200,000 donation to Uplifters, a non-profit organization that provides online education and community support to migrant domestic workers. According to a news release, the funding will support Uplifters’ “Dare to Dream” program, which offers financial literacy education to approximately 1,000 migrant domestic workers annually in Hong Kong.
The initiative follows findings from Sun Life’s recent survey, “Women’s Wealth: Building Confidence and Security”, which revealed that 44% of mothers in Asia experience stress from balancing financial responsibilities for their children and parents. Migrant domestic workers, who often provide for families in their home countries, face additional financial and emotional challenges.
The “Dare to Dream” program is a free online course that covers money management, personal development, and mental well-being. Since its inception in 2018, over 10,000 migrant domestic workers have participated, with the program’s online community growing to 14,700 members. According to Uplifters, 86% of program graduates report significant positive changes in their financial habits and personal lives.
Hong Kong is home to approximately 350,000 migrant domestic workers, many of whom have limited access to financial security beyond basic health and injury coverage. Sun Life’s contribution aims to support Uplifters expand its outreach, offering financial literacy courses and raising awareness about financial planning for this community.
David Broom, chief client and distribution officer of Sun Life Asia, highlighted the importance of financial literacy in empowering migrant domestic workers. “At Sun Life, empowering communities through financial literacy is a cornerstone of our mission in Asia. We’re thrilled to collaborate with Uplifters on a pioneering initiative supporting foreign domestic helpers in Hong Kong, leveraging our experience in Hong Kong, Indonesia and the Philippines,” he said.
Marie Kretz Di Meglio, founder and CEO of Uplifters, expressed gratitude for the support, emphasizing the impact of financial education on migrant domestic workers. “Through our ‘Dare to Dream’ program, we aim to transform lives by fostering financial literacy, mental well-being and a sense of community. This partnership with Sun Life is a testament to the power of collaboration in creating meaningful change for underserved groups in Hong Kong,” she said.
How can financial literacy better support migrant workers in Hong Kong? Share your thoughts in the comments below.
