Comments on: Extending Protection to Youth Clients

By: Maria Perdomo

Maria Perdomo — Tue, 09 Jul 2013 13:14:06 +0000

Dear Jagadish,

Many thanks for your interest in the topic. I will be thrilled if you use the information on the paper for the assessment you are doing in Nepal. YOu may want to look at other documents that YouthStart has published over the years and that are available at http://www.uncdf.org/en/practitioners-guides.

Best,

Maria

By: Jagadish Babu Tiwari, Nepal

Jagadish Babu Tiwari, Nepal — Wed, 03 Jul 2013 06:38:29 +0000

Dear Maria,
This is very interesting research on microfianance sector. In Nepal too, there are no specific provisions to include youths in access to microfianance. Youths specifically the unmarried and men are not included by MFIs. On the other hand, the youths – the most energetic population by age – are searching for job and unemployed. So, I think inclusion issue should cover the youths and not only by gender and ethnicity. The youths are passing their lives less productively mainly because of absence of mechanisms to activate them such as financial access, skill training and utilization of the resources they can explore.

I am interested to use this information in a study ‘Assessment on youth access to financial services’ for Save the Children Nepal that I am involving now.

By: Maria Perdomo

Maria Perdomo — Mon, 01 Jul 2013 08:47:20 +0000

Paul,

Thanks for your comment. The FSP in Uganda is Finance Trust. They offer individual savings accounts, but they collect the savings from the girls, when they come togeather in a group to receive education on financial literacy, reproductive health, etc. Last year we pulbished a case study on the experience on their pilot test. You can look at the paper on our webiste: http://www.uncdf.org/en/publications/youthstart

I will give you the name of the senegalese bank next time we cross paths !

By: Paul Rippey

Paul Rippey — Fri, 28 Jun 2013 15:03:44 +0000

Thanks for that. It would be useful if you named names.

The opaque Senegalese bank is not unusual and I don’t much care which one it is.

But who is the admirable “Ugandan financial services provider” that is dealing with so many small deposits and is “transparent about its fees and responsible about its pricing”? Are the savings pooled? And if so, how? Or, is it an informal structure? It sounds like it might involve commitment savings?

It’s good to give credit where it is due, especially if the credit involves savings!

Paul Rippey – savings-revolution.org