Welcome to YouthSave, a project dedicated to developing and testing savings products accessible to low-income youth in Colombia, Ghana, Kenya, and Nepal. Through this website the YouthSave Consortium will share lessons and build awareness about its work while providing broader information on youth savings accounts around the globe. We encourage you to explore the shared knowledge provided on this website and stay connected with us through this exciting journey. To learn more about YouthSave click here.
The theme for the final multi-stakeholder meeting held on October 23, 2014 in Nairobi, Kenya was “Promoting Youth Financial Capability to Unlock Sustainable Development in Kenya”. Over 130 participants of whom at least 30 were youth gathered together to discuss future opportunities for youth savings in Kenya. The meeting included three sessions. First, the YouthSave partners discussed successes, challenges and opportunities of the project in Kenya over the past four years. After this session, several youth participating in the programme took the stage to relate their experiences with saving and financial education.
Corrinne Ngurukie, YouthSave’s Regional Technical Advisor for Africa, attended the final MSM in Kenya on October 23, 2014. She recorded the following impressions.
"...even when uptake is facilitated by extensive outreach to youth and by the creation of more flexible regulation regarding identity and control, usage of youth accounts is not as promising as practitioners would hope..."