FULL LIST OF FINANCIAL LITERACY/EDUCATION

WEBINAR: "Why invest in young people? Launching the Banking on Change Youth Savings Group Model", March 2016

Making Cents International

Did you know that whilst almost half of young people in sub-Saharan Africa say they save, 80% do not have a bank account? Young people aren’t a target of traditional savings groups either; a survey in 2013 found that of 103 organizations that promote savings groups in 43 countries, only 22% include youth or child-focused groups.

Resource Type: 
E-Resource

REPORT: The Banking on Change Youth Savings Group Model, March 2016

Barclays, CARE International UK, Plan UK

Banking on Change is currently one of the largest programmes working with youth savings groups (YSGs). In Phase 1 of the programme, from 2009 to 2012, the focus was on savings groups more broadly; in Phase 2 we have focused on YSGs in Egypt, Ghana, India, Kenya, Tanzania, Uganda and Zambia. Between June 2013 and December 2015 the programme established 11,725 YSGs with over 245,000 members, of whom 132,000 are under 25 and two-thirds are women.

Resource Type: 
Report

REPORT: Findings from Five Youth-Inclusive Rural Finance Pilot Projects, March 2016

Making Cents International, Silatech, IFAD

Rural youth in developing countries make up a large and vulnerable group. Globally, three quarters of the poor live in rural areas, and about one-half of this population is young people. This young and growing population confronts a number of challenges, including poor quality of education, lack of basic infrastructure, lack of access to or control of sufficient land for farming, and, for girls in particular, more traditional cultural norms, which severely hinder their ability to build sustainable livelihoods.

Resource Type: 
Report

ITV Placement Success for Ambitious Student Zubair

Salford City College

A second year student from Salford City College’s Future Skills has started building a career, at one of the most well-known brands in the country. Eighteen-year-old Zubair  Rana from Cheetham Hill has secured a part-time job at ITV’s Media City UK office, after completing a six-week summer placement there as part of his college course.

Knowledge Management Platform to Increase the Scale & Sustainability of Youth Economic Opportunity Programs: 2015 Results & 2016 Summit Sponsorship Information

Making Cents International

Meeting the needs of the global youth population requires evidence-based, scalable, and sustainable initiatives. In response, Making Cents International offers a demand-driven Knowledge Management (KM) platform that builds the capacity of youth development stakeholders to design, implement, and evaluate high-impact youth economic opportunity programs, policies, and partnerships. The platform components are:

Resource Type: 
Report

Federal Proposal Seeks to Create Summer and Youth Jobs

The Washington Post

The Obama administration unveiled a $5.5 billion proposal to create summer and first-time jobs for youths over four years and a $2 billion scheme to create apprenticeships over five years, the latest in a series of ideas that will be included in the federal budget plan next week.

The proposals — part of a $12.5 billion package of new spending over five years — includes $3 billion to train people to lure firms to the United States from abroad or to keep them from leaving.

Uneven Landscape of Financial Education

The MasterCard Center for Inclusive Growth

In recent years, great strides have been made in improving supply-side issues in financial system access. Specially tailored loans and savings accounts have enabled poorer populations to smooth their income, and technology has allowed banks to reach those rural communities that physical bank branches can’t. But a lack of financial literacy remains a huge demand-side barrier to financial inclusion. Simply put, if people don’t know about or aren’t comfortable with financial products, they will either not demand them, or will be unable to make informed judgments and take effective decisions about them.

Al Amal Rural Youth Case Study

Making Cents International

With funding from the International Fund for Agricultural Development (IFAD) and in partnership with Silatech, Making Cents International is implementing the IFAD Rural Youth Economic Empowerment Program (RYEEP); a three-year grant to increase employment and self-employment of young people aged 15-35 in the Near East and North Africa (NENA) countries of Egypt, Yemen, Morocco and Tunisia.

Resource Type: 
Report

Young People Can Save: The Emerging Youth Savings Group Model and Why We Need Your Support

Plan UK

I’m passionate about the power of financial inclusion – particularly the financial inclusion of young people.

Why? Globally young people are disproportionately financially excluded for a myriad of often complex reasons. One illustration of this exclusion was highlighted by the World Bank’s Findex data released earlier this year, showing that in Sub Saharan Africa just 20% of young people have a bank account compared to 33% of adults.

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