Youth Savings Accounts

Press Release: Nueva Investigación de Save the Children Demuestra Que los Adolescentes de Países Pobres Quieren Ahorrar Más Dinero

Wednesday, October 10, 2012

“La percepción es que los adolescentes que viven en situación de pobreza (es decir, con menos de dos dólares diarios) no tienen dinero, y mucho menos dinero para ahorrar,” afirmó Rani Deshpande, directora del programa YouthSave de Save the Children, que realizó el estudio sobre el ahorro de los jóvenes. “Sorprendentemente, nuestra investigación demuestra que eso no es cierto”.

Multi-Stakeholder Meeting Highlights Youths' Experience with Saving

Nicole Tosh, New America Foundation
Friday, September 14, 2012

 

"Access to formal saving channels seems to have motivated Nepali youths to develop saving habits. Even though pre­teens and teens tend to keep their surplus money for future use, especially in piggy banks, access to organised depositing agencies culminate it into saving habits.”

Kenya Postbank Launches SMATA Youth Account

Rani Deshpande and Zebedee Mkala, Save the Children
Wednesday, September 5, 2012

"The launch event marked the culmination of over a year of work by Kenya YouthSave partners, including Postbank, Save the Children, and the Kenya Institute for Policy Research and Analysis (KIPPRA).  The team conducted market research with over 550 youth and 100 adults in 8 regions of the country, a 5-month product pilot, and intensive consultations at the expert and community levels."

Youth Savings: Finding the Right Financial Tools at the Right Age

Alexis Saffran and Anjana Ravi, New America Foundation
Friday, July 27, 2012

"With a third of the global population today under the age of 19 and 90% of these young people living in developing countries — 45% living on less than $2 a day — there is an urgent need to create easy and efficient savings mechanisms for the young. While national governments, NGOs and multilateral institutions broaden program mandates to embrace financial inclusion the idea of providing savings at birth has experienced a resurgence here in the U.S. and around the world."

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