Encore Capital Group® to Promote Financial Literacy in the U.K. Through Collaboration with JA Worldwide Member Young Enterprise
Collaboration to Include Financial, Employee Volunteer Support for Financial Education Programs
Financial literacy is the foundation of economic freedom. That’s why Encore Capital Group (Encore) is proud to expand its support of Junior Achievement’s (JA) mission through a new collaboration with JA Worldwide member, Young Enterprise. JA is one of the world’s largest and most impactful youth-serving nonprofits, delivering hands-on, immersive learning in entrepreneurship, work readiness, and financial health. Young Enterprise is a charity that motivates young people to succeed in the changing world of work by equipping them with essential skills, knowledge and confidence.
“The path to economic freedom begins with financial education,” said Eloisa Orozco, Encore’s Director of Communications and Global Community Impact Lead. “By supporting the programmatic efforts of JA Worldwide member, Young Enterprise, we are helping to provide young people in one of our largest markets with the knowledge and skills they need to own their economic success.”
Through this collaboration, Encore will provide financial support to help fund Young Enterprise’s programmatic efforts that reach youth across England, Scotland and Wales, and colleagues from Encore’s Cabot Credit Management (Cabot) U.K. business will volunteer to help deliver their financial education programs locally.
“We are grateful to Encore Capital Group for their donation and offer of volunteers to support the delivery of our programmes,” said Sarah Porretta, CEO of Young Enterprise. “Encore already support other JA entities in Central and North America and in Europe, and we are pleased to share their belief in the power of financial education to transform the lives of young people no matter their starting point. We look forward to working with Encore to help young people develop confidence, teamwork, problem-solving and money skills that last a lifetime.”
Engaging around financial literacy is something that the Cabot U.K. team is passionate about. For years, its colleagues have educated primary school children through the company’s own Skills 4 Bills® program. The work with Young Enterprise will allow the teams to cast an even wider net to promote financial literacy among young people and help them take charge of their financial futures.
“Whether it’s paying off debt or saving for the future, being able to manage finances responsibly is key to economic freedom,” said Paul Jenkins, Managing Director at Cabot Credit Management U.K. “I’m proud of our Cabot colleagues who will volunteer to deliver those key lessons to young people, helping empower the next generation to be successful.”
A Growing Commitment to Support JA’s Mission
This support for Young Enterprise grows Encore’s global footprint of support for Junior Achievement’s mission. In 2023, Encore started its partnership with Junior Achievement of San Diego County, and soon after in 2024 expanded through Junior Achievement USA to support programs in U.S. cities that Encore’s U.S. subsidiary, Midland Credit Management, operates in. And earlier this year, Encore also began support for Fundación Junior Achievement España in Spain and Junior Achievement Costa Rica. Most recently, Encore’s President & CEO, Ashish Masih, became a member of the JA Worldwide Global Council.
To learn more about Young Enterprise, visit https://www.young-enterprise.org.uk/. To learn more about JA Worldwide, visit https://www.jaworldwide.org/.