Mennonite Economic Development Associates (MEDA)
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.
FINCA Peru and Aflatoun
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.
Panabo Multi-Purpose Cooperative (PMPC)
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.
This case study explores the work of Padakhep, a non-government organization (NGO) which provides both non-financial (vocational training, psychological counseling, etc.) and financial (credit and savings) services in their effort to improve the lives of street children in Dhaka, Bangladesh.
Making Cents International
The following evaluation tool and supplemental questionnaire are designed to guide financial institutions in identifying their strengths and weaknesses as they relate to developing and implementing youth financial services. They were developed in consultation with youth-inclusive financial services (YFS) practitioners whose collective experience provides an in-depth look at YFS around the globe.
Microfinance Opportunities (MFO)
As part of the Nike Foundation’s global initiative to empower adolescent girls, Microfinance Opportunities and three grantee organizations together designed and tested an innovative programming model that combines financial education, savings, and social support. The underlying idea is that by combining financial education with savings mechanisms and social support, girls will develop the knowledge, skills, and attitudes to manage money well, and gain the ability and opportunity to apply this knowledge in the real world. They also will build social and economic assets that enable girls to reduce risks and take advantage of opportunities now and in the future.
Women's World Banking
Originally published in 2009, this case study was updated in 2012, and details how Women‟s World Banking helped its network member, XacBank of Mongolia, design and roll out savings products and financial education programs for girls ages 14 to 17.
Women's World Banking
Ana Laura lives in a low-income neighborhood in Santo Domingo in the Dominican Republic. She opened her first “Mía” savings account at Banco ADOPEM in April 2011. She closely monitors the money she has in her account, keeping track of the number and size of deposits she makes.
e-MFP Youth Financial Inclusion Action Group
This publication presents a dozen case studies that illustrate the range of approaches e-MFP members and partners are using to provide fi nancial and non-fi nancial services to youth. Examples from a variety of geographic, socioeconomic and regulatory contexts in Africa, Asia, South-East Europe, Latin America and the Middle East have been included. Certain programs represented in these cases cater to youth under 18 whereas others address only those aged 18 and above. The majority of the programs described here offer services to both younger and older youth.