This article is the first installment in the blog series, Exploring the Business Case of Youth Savings. The series, presented by CGAP and Making Cents International, presents views on the business case for youth inclusive financial services. You will hear from financial service practitioners, policy-makers, and advocates from around the world.
The 2013 Global Youth Economic Opportunities Conference program is now available for you to review. The 2013 event will contain two Spotlights: "Opportunities for Rural Youth"focuses on how to support youth in rural areas. "Power of Technology" showcases how to utilize technology in your programming. The conference will take place September 10-12, 2013 in Washington, DC. Click here to view the interactive program. The 2013 “State of the Field” Publication is also available online. Click here to access the latest publication.
Making Cents International's Collaborative Learning and Action
Sep 10, 2013 (All day) to Sep 12, 2013 (All day)
The annual Global Youth Economic Opportunities Conference is the premier learning event for practitioners, policy-makers, funders, private sector companies, technical assistance providers, researchers, educators, government representatives, and youth leaders working to increase economic opportunities for young people.
This case study examines the challenges that Save the Children and Fondation Zakoura Micro-Crédit (Zakoura) faced in implementing a USAID-funded financial services program for youth. It examines the institutional, local market, and programmatic difficulties encountered.
From 2006–2009, Save the Children and Zakoura partnered to implement a youth financial services and livelihoods promotion project called Linking Youth with Knowledge and Opportunities in Microfinance (LYKOM). The program included financial and business literacy training, savings promotion, and access to credit for youth businesses. LYKOM faced many program level challenges in areas such as human resources, institutional frustrations, partnership, communication, and the enabling environment. Lessons learned about youth financial services include:
Entrepreneurship training is important for many, but not all youth;
Young people need support in developing realistic goals and growth plans;
Family engagement is critical;
MFIs may need to adjust staffing structures to effectively provide youth services;
Latin America and the Caribbean are characterized as a young region. Young people in Latin America and the Caribbean, as in the rest of the world, are increasingly engaged, becoming leading social actors seeking to play a more active role in charting the future course of their communities and countries. In terms of the critical demographic mass that this population segment represents, young people are a source of great potential and energy for development.
The Atlas Corps Fellowship is a 12-18 month professional fellowship offered three times a year for nonprofit leaders from around the world. Fellows serve full-time at Host Organizations located either in the United States or Latin America working on issues that complement their expertise. Fellows develop their leadership skills while sharing best practices and supplement daily knowledge with theoretical topics presented in the Atlas Corps Nonprofit Management Series.
The ILO Youth Employment Programme is organizing a photo contest to shed light on youth employment issues, the challenges young people face in the workplace as well as their power to overcome them.
The ILO Youth Employment Programme is launching a photo contest focusing on young people at work. The photo contest has been organized in partnership with the ILO Decent Work Technical Support Team and Country Office for Central and Eastern Europe in Budapest, and financed by The MasterCard Foundation.