Using Innovative Partnerships and Market Research to Link Financial Education and Savings Products for Girls

Microfinance Opportunities (MFO)

Through the Savings and Economic Empowerment grant, funded by the Nike Foundation, MFO formed innovative partnerships to support three grantees in five countries to develop financial education materials that will reinforce savings behaviors and savings products for adolescent girls. If adolescent girls and young women have access to high quality, low cost savings accounts, supported by financial education, not only will their propensity to save increase, but their attitudes towards and management and use of money will undergo a lifelong change.

Resource Type: 
Case Study

MEDA Works with Youth: YouthInvest

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.

Resource Type: 
Case Study

Product Development for Girls: Girls’ Savings and Financial Education

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.

Resource Type: 
Case Study

Safe and Smart Savings Products for Vulnerable Adolescent Girls in Kenya & Uganda

Population Council and MicroSave Consulting Limited

Originally written in 2009, this 2012 case study details the product development cycle that four financial institutions undertook in Kenya and Uganda to develop and deliver critical financial services to adolescent girls. New highlights include robust market research results from both countries and key steps taken to replicate the model in Zambia.

Resource Type: 
Case Study

SEEP 2012 Annual Conference

SEEP Network

Join us at SEEP 2012 Annual Conference, focused this year on Building Inclusive Markets: Impact Through Financial and Enterprise Solutions. The SEEP conference is the premier practitioner event in the industry, bringing together over 500 professionals representing 250+ organizations from 70 countries. This year, the SEEP Network will host a number of exciting trainings, workshops, and plenary sessions, bringing together the most dynamic and relevant practitioners in the industry. For the first time, SEEP will also host a career fair in microfinance and enterprise development.

Press Release: UNCDF and The MasterCard Foundation Release Initial Findings from Ten Pilot Tests of Financial and Non-financial Services for African Youth

United Nations Capital Development Fund (UNCDF), YouthSave

The UN Capital Development Fund (UNCDF) and The MasterCard Foundation today released a new publication titled Assessing New Youth-Focused Products: Pilot Testing Financial and Non-financial Services for Youth in Sub-Saharan Africa. The paper is based on the experiences of 10 financial service providers in Sub-Saharan Africa that are part of YouthStart, and synthesizes key recommendations, technical considerations and best practices when launching new youth-focused services. It was launched at a panel discussion at Making Cents International’s 2012 Global Youth Economic Opportunities Conference, which was facilitated by YouthStart Program Manager, Maria Perdomo. . The Conference is the biggest international forum on youth financial inclusion.

What is Project Success?

Multilateral Investment Fund-IDB

Many projects are called failure simply because “projects are projects”

Even having spent 15 years in an international development institution, I am still hesitant to make judgment whether a project should be called a success or not – simply I don’t know how. To illustrate why not, let me do a comparative analysis on hypothetical projects A and B – both are of US$1 million and designed to support youth business creation. I do not want to sound presumptuous, but these are extracted from the real cases based on my ample experiences.

As Good as it Gets? Getting Policy and Regulation to Work for (not against) Youth Financial Services

UNCDF, GCAP, Central of the Philippines, Child and Youth Finance International

This year, at the Global Youth Economic Opportunities Conference organized by Making Cents International, UN Capital Development Fund (UNCDF), Consultative Group to Assist the Poor (CGAP), the Central Bank of Philippines and Child and Youth Finance International (CYFI) are joining forces to share their experiences, insights, and tools for influencing and adapting policies to improve youth access to financial services. 

How do you target young people effectively? Start by knowing how they spend their time

FHI 360

Diana Rutherford, Research and Evaluation Specialist in FHI 360’s Economic Development and Livelihood Department, has been researching child well-being for five years as part of the STRIVE program, funded by USAID’s Displaced Children and Orphans Fund and managed by FHI 360.

Unlocking potential through monitoring and evaluation

Genesis Analytics

About the author: Laura Brooks is an analyst working in the developmental economics space at Genesis Analytics, an economics consulting company based in South Africa.

Providing insights from the Financial Education Fund