The Banking on Change youth savings group model: From saving and learning to banking and earning

With the global backdrop of the youth bulge where over a billion adolescents will transition into adulthood, Banking on Change, as the largest global financial inclusion programme working with youth savings groups, has generated evidence to support the premise that youth savings groups can help reduce youth financial exclusion, and provide a stepping stone to formal financial inclusion and equipping young people with the skills they need to support themselves economically.

Banking on Change has compiled its learning and experience of working with young people, along with feedback from a consultation conducted with peer NGOs and the findings from a piece of independent primary research conducted by the Institute of Development Studies (IDS), into a Youth Savings Group Model to share best practice guidance for practitioners setting up sustainable youth savings groups. This is intended to encourage more NGOs, policy-makers and funders to incorporate young people into their programmes.

Developed through the Banking on Change partnership with Barclays, CARE International and Plan UK.

  • Countries: Global
  • Co-authors: Barclays, Plan UK
  • Published: April 2016

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