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[email protected] www.e-mfp.eu YOUTH FINANCIAL INCLUSION November 3rd, 2011

YOUTH FINANCIAL INCLUSION November 3rd, 2011

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YOUTH FINANCIAL INCLUSION November 3rd, 2011. What is financial inclusion?. - PowerPoint PPT Presentation

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Page 1: YOUTH FINANCIAL INCLUSION November  3rd, 2011

[email protected] www.e-mfp.eu

YOUTH FINANCIAL INCLUSION

November 3rd, 2011

Page 2: YOUTH FINANCIAL INCLUSION November  3rd, 2011

[email protected] www.e-mfp.eu

What is financial inclusion?

«Full financial inclusion is a state in which all people who can use them have access to a suite of quality financial services, provided at affordable prices, in a convenient manner and with dignity for the clients.

Financial services are delivered by a range of providers, most of them private, and reach everyone who can use them, including disabled, poor and rural populations»

Center for Financial Inclusion at ACCION International

Page 3: YOUTH FINANCIAL INCLUSION November  3rd, 2011

[email protected] www.e-mfp.eu

Some food for thought:

Where is the gap?UNCDF market research study in SubSaharian Africa, Maria

Perdomo

How to understand the clients betterChild’s Finance Certification Initiative with youth entrepreneurs,

Jared Penner

How to design products responding to clients’ needs

Partner Microfinance Foundation and young entrepreneurs, Selma Climkovic

WWB youth programs in Mongolia, Kenya, Dominican Republic Janiece Greene

Page 4: YOUTH FINANCIAL INCLUSION November  3rd, 2011

[email protected] www.e-mfp.eu

Key questions

What are the specific challenges for youth?

Is it more in terms of:- Offer of services- Demand of services

What are the most effective interventions?- Capacity building of the financial sector- Financial education- Regulatory measures – enabling environment and consumer

protection