Demand-Driven Training for youth employment programs build job-relevant skills valued by employers and useful for self-employment by offering both pre-employment skills development and some form of on-the- job training.
Presented at the 2012 Global Youth Economic Opportunities Conference, Save the Children discusses their Youth Development Service Network (YDSN) that support the Arab region: The YDSN is responsive to youth needs by functioning as a Center of Excellence for youth development through three ways: a knowledge hub that synthesizes internal knowledge and external evidence to drive the strategic agenda for youth; regional partnerships that shape and manage creative alliances based on shared priorities and objectives; and implementation support by standardizing and sharing best practices to execut
This case study details the Youth Solidarity Group program in Bolivia which consists of 4-6 young people ranging in age from 14-23 years. These young people receive one week of specialized pre-credit training, which includes a business practicum as well as business planning exercises. Once youth have completed the training, they are then inserted into a Pro Mujer adult communal bank, a group of 20-30 women who receive loans and training as a group, and function within the existing Pro Mujer branch infrastructure.
This case study examines Plan International’s “Making Financial Services and Business Skills Development Available to African Children and Youth” project, which has sought to create unique opportunities for youth to actively and independently improve their own living conditions in Niger, Sierra Leone, and Senegal. The project focuses on the Village Savings and Loan (VSL) savings and lending methodology as the primary financial service delivery mechanism, which places a premium on savings and building personal assets and minimizes risk through small pools of capital and small loans with no requirement that group members borrow.
This case study describes in detail the experience of Partner Microcredit Foundation (Partner) in conducting market research, designing a specialized youth loan product, and the preliminary outcomes and lessons learned. Partner identified the general youth population as one of the most marginalized in the country and market research findings showed that a lack of technical experience and available financing sources were identified as the primary obstacles to youth entrepreneurship.
This case study describes the Kishoree Kontha (Adolescent Girls’ Voices) Project implemented by Save the Children in 5 sub-districts of southern Bangladesh. The goal of this intervention is to link savings schemes with other non-financial services, such as health and education, to allow rural adolescent girls ages 10-19 to build human, social and economic assets. Save the Children uses tailored youth-inclusive market research tools to develop and effectively deliver appropriate financial and non-financial products and services.
Through the Savings and Economic Empowerment grant, funded by the Nike Foundation, MFO formed innovative partnerships to support three grantees in five countries to develop financial education materials that will reinforce savings behaviors and savings products for adolescent girls. If adolescent girls and young women have access to high quality, low cost savings accounts, supported by financial education, not only will their propensity to save increase, but their attitudes towards and management and use of money will undergo a lifelong change.
This case study provides a more detailed look at YouthInvest, a five year initiative focusing on entrepreneurship training, financial education and increased access to financial services (loans and savings) for economically active young people in Egypt and Morocco. YouthInvest partners with microfinance institutions (MFIs) and NGOs to deliver financial and non-financial services to young entrepreneurs and employees.
Aflatoun undertook this case study for two primary reasons: 1) to examine the implications of implementing the Aflatoun program, typically used in classrooms, in a non-formal setting, and 2) to stress any correlations between the Aflatoun curriculum’s success and its setting in an MFI.
This case study, originally published in 2009 and updated in August 2011, describes the central role that PMPC’s partnerships with schools had in the highly targeted marketing campaign that proved an effective tool for growing membership, promoting a culture of savings at a young age, and delivering much-needed financial services to underserved youth populations. As a result of PMPC’s efforts, the cooperative has reached 12,175 youth savers (7,542 youth savers, 4,032 power teen savers and 601 Aflatoun savers) with a youth savings portfolio totaling more than US$196,000.Originally published in 2009, this case study was updated in August 2011.
This case study focuses on the BRAC initiative in Bangladesh known as the Employment and Livelihood for Adolescents (ELA) program, which offers both credit and savings services to adolescent girls. To help break the traditional lifestyle which characterizes adolescent girls' lives of early marriage and unwanted pregnancies, BRAC began offering financial services to adolescent girls with the goal of fostering financial independence to play a key role in empowering adolescent girls.