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.
Young people everywhere need support to transition successfully to a financially secure adulthood. We believe that one key to that transition is to develop sound financial habits starting at a young age. When that happens, the effects go beyond young people themselves— entire societies benefit when more citizens possess healthy financial habits.
Are you designing, running, funding or evaluating an organization or a pilot program that has the potential to reach regional or national scale? This Lab provides participants with a management framework, a set of practical tools, and a variety of tips intended to increase their programs’ prospects for achieving sustainability and scale. It will include discussion of ongoing efforts to scale a range of youth and enterprise development models, hands-on practice applying a scalability assessmen
Women’s World Banking, Diamond Bank, Aflatoun, Souktel Mobile Innovations
We know what youth need to learn when it comes to financial education, but we have not yet figured out a delivery channel that maximizes learning and behavioral change in the most cost-effective and scalable way. Is digital financial education the answer? Aflatoun, Souktel, and Women's World Banking will present innovative digital solutions that leverage mass media, technology, and gamification to reach millions of low-income youth worldwide.
United Nations Capital Development Fund (UNCDF), Mennonite Economic Development Associates (MEDA), Amhara Credit and Savings Institution (ACSI), Save the Children
After years at the forefront leading global youth financial inclusion projects, MEDA, Save the Children, UNCDF, and Amhara Credit and Savings Institution (ACSI) will come together to share cross-cutting lessons learned and recommended practices. Participants will be exposed to practical tools used to revolutionize the field and develop youth-appropriate products and services.
MicroCred , Pro-Invest, International Fund for Agricultural Development (IFAD)
Globally, rural youth are an underserved and often misunderstood segment of the market for youth-inclusive financial services. In the MENA region it is even more pronounced. The few programs achieving success are often too small or too one-dimensional to scale up; thus missing the opportunity to catalyze benefits that go beyond access to finance, such as increased employment and resilience.
Imagine a simple, cost-effective model for giving young people access to financial services and the skills they need to generate an income. Barclays, CARE, and Plan believe youth savings groups (YSGs), coupled with training, are exactly this model. The Banking on Change initiative has developed a practical guide to help organizations begin to integrate YSGs into their work and achieve scale.
The United Nations Population Fund reports that there are 1.8 billion young people between the ages of 10 and 24, with 89 percent of them residing in less-developed countries (2014). In Sub-Saharan Africa, minors often account for more than 50 percent of a country’s population.
Moreover, by 2050, the world’s population will increase by 2 billion, an increase of 28 percent, all of whom will require access to health and education services, and eventually to jobs and self-employment opportunities.
The demographic divide is stark: while industrial nations are aging, the face of the developing world is overwhelmingly young. In Africa for example, nearly 70% of the population is under the age of 30. Tapping the potential of this emerging generation is a critical challenge. According to the International Labour Organization, two-thirds of working-age youth in some developing countries are either unemployed or trapped in low-quality jobs.
In this review of 25 statements from youth summits and consultations globally, as well as 11 national and regional youth polls, we hear some priorities we expect: youth want jobs, the chance to start their own businesses, and high-quality relevant education.
But we also see that young people everywhere are increasingly concerned about issues of governance, corruption, and both regional and national security.