Keeping Youth Financial Services from Becoming Risky Business
Save the Children presented their YouthSave project under the Monitoring and Evaluation track at the 2013 Global Youth Economic Opportunities Conference. Potential risks that youth financial service clients may face -- for example, due to holding or carrying cash or expropriation of savings by adults – has received relatively little discussion in the YFS field. While it is impossible to eliminate all risks from the use of financial services, proactively identifying and mitigating potential risks to young people, as well as keeping in close touch with client satisfaction – is critical for positive impact. This resource will lead you through Save the Children’s risk management framework for youth savings, and introduce you to risk mitigation and monitoring tools to use in your own projects.