04/30/2013 - 4:51pm
By Rani Deshpande, Save the Children
Measure twice, cut once
YouthSave’s bank partners began creating their youth savings accounts in 2010, with extensive market research that obtained firsthand information about the savings habits, needs, and preferences of young people. But using these data to design the savings accounts was not enough; the resulting product prototypes still had to be “road-tested” in order to confirm that we had correctly a) interpreted the market research, b)...
04/02/2013 - 3:35pm
By Corrinne Ngurukie, Save the Children
Measure twice, cut once
YouthSave’s bank partners began creating their youth savings accounts in 2010, with extensive market research that obtained firsthand information about the savings habits, needs, and preferences of young people. But using these data to design the savings accounts was not enough; the resulting product prototypes still had to be “road-tested” in order to confirm that we had correctly a) interpreted the market research, b) translated...
03/08/2013 - 12:57pm
We are pleased to announce that the YouthSave project has just released its latest quarterly newsletter highlighting recent blog posts, reports, speaking engagements, upcoming events, and other relevant information from YouthSave consortium members and our partners over the last three months. To access this quarter’s newsletter click here.
Highlights from the Newsletter:
YouthSave has been making the rounds and sharing insights, updates and lessons learned with others in the field. Here...
01/03/2013 - 10:57am
By Eric Tyler, New America Foundation
Over the holidays, in an independent supplement to USA Today, the voices of four YouthSave account holders came to the forefront. The special edition was focused on “Investing in Asia”, and the YouthSave participants’ insights were highlighted in a questionnaire. In the piece, two girls and two boys aged 12 to 15 living in Nepal revealed meaningful financial aspirations and captured how saving was important to achieving these goals.
10/15/2012 - 2:48pm
By Katie Stalter, CSD
YouthSave researchers had a unique opportunity this August. They had the chance to meet project participants, and hear firsthand how their work is making a difference for youth in Nepal.
On the last day of the YouthSave Learning and Exchange Event held in August, conference attendees took a field trip to two Nepalese schools. There, children were participating in a YouthSave financial education workshop and making deposits into their saving accounts. The visitors not only...
09/25/2012 - 1:30pm
By Jennifer Denomy, MEDA
(orginally posted on the SEEP Network)
Kathmandu, located high in the Himalayas in a bowl-shaped valley in central Nepal, recently provided a dramatic setting for the first of four training sessions on youth financial services provided as part of SEEP’s Reaching Scale in Youth Financial Services Practitioner Learning Program (PLP), which started 2.5 years ago.
09/14/2012 - 3:04pm
By Nicole Tosh, New America Foundation
On August 23rd, the YouthSave Consortium convened a Multi-Stakeholder Meeting, entitled “Youth & Their Money: Insights into the Financial Lives of Youth” in Kathmandu, Nepal. In addition to the intriguing discussion with the expert panelists—including YouthSave Director Rani Deshpande and YouthSave Project Coordinator in Nepal Jaya Budathoki—two youth from Bhaktapur discussed their experience with Bank of Kathmandu’s (BoK) Chetansil Yuwa Bachat Yojana...
09/07/2012 - 12:05pm
By Rani Deshpande, Save the Children
In August, the YouthSave Consortium and partners came together in Kathmandu, Nepal, for our third Learning & Exchange Conference, to update each other on progress and brainstorm ways to overcome common challenges. Perhaps my favorite quote from that meeting came from Raju Shrestha, a YouthSave product champion at Bank of Kathmandu, when he said “It’s really nice to be able to stop talking about plans on paper, and start talking about what we did.”
08/23/2012 - 5:51am
By Lissa Johnson and Julia Stevens, The Center for Social Development
Are YouthSave accounts attracting low-income youth? Are youth making deposits into their YouthSave accounts? Are there adjustments that would help youth to save more? These are questions we’re beginning to answer in YouthSave using data from the savings demand assessment in Ghana, Kenya, and Nepal.
The savings demand assessment, part of YouthSave’s multi-method research agenda, allows researchers to track youth...
08/08/2012 - 5:57pm
By Nicole Tosh, New America Foundation
At the recent YouthSave event, Youth and Their Money, Rani Deshpande, Director of YouthSave at Save the Children, and Ruth Dueck-Mbeba, Program Manager at MasterCard Foundation sat down with New America Program Associate, Vishnu Sridharan, to discuss the business case for youth savings, the priorities of the MasterCard Foundation in microsavings and youth savings, and how youth manage their money.
