YouthInvest will build on the experience MEDA has gained in youth and microfinance since 2002.
The goals of the project are:
- To support microfinance institutions (MFIs) in developing savings and credit products to strengthen the capacity of youth-run enterprises in Egypt and Morocco
- To assess and improve safety conditions in the workplace
- To support improved education and training opportunities for youth to ensure improved long-term prospects and to contribute to a higher quality workforce.
MFIs will be the primary points of contact with youth clients, delivering financial and non-financial services to young entrepreneurs and enterprises employing youth. MFI staff will be trained in these interventions, and will in turn deliver them to working youth and business owners as appropriate.
Workforce readiness training will be delivered by specialist youth-serving organisations; MFIs could
potentially provide linkage support to trained youth, by connecting them to high-growth clients. Within five years, YouthInvest will directly touch the lives of over 50,000 young people - connecting them with innovative financial products and services that will build their economic prosperity, improve their working lives, enhance their workplace safety, and lead to a better quality of life for their families and themselves.
Jennifer Denomy, Project Manager
jdenomy@meda.org
September 2008 to 2013
YouthInvest will build on the experience MEDA has gained in youth and microfinance since 2002.
The goals of the project are:
- To support microfinance institutions (MFIs) in developing savings and credit products to strengthen the capacity of youth-run enterprises in Egypt and Morocco
- To assess and improve safety conditions in the workplace
- To support improved education and training opportunities for youth to ensure improved long-term prospects and to contribute to a higher quality workforce.
MFIs will be the primary points of contact with youth clients, delivering financial and non-financial services to young entrepreneurs and enterprises employing youth. MFI staff will be trained in these interventions, and will in turn deliver them to working youth and business owners as appropriate.
Workforce readiness training will be delivered by specialist youth-serving organisations; MFIs could
potentially provide linkage support to trained youth, by connecting them to high-growth clients. Within five years, YouthInvest will directly touch the lives of over 50,000 young people - connecting them with innovative financial products and services that will build their economic prosperity, improve their working lives, enhance their workplace safety, and lead to a better quality of life for their families and themselves.
Jennifer Denomy, Project Manager
jdenomy@meda.org
September 2008 to 2013
Making Cents International is pleased to announce the 2009 Global Youth Enterprise Conference will take place in Washington, DC from September 29-30, 2009 at the George Washington University's Cafritz Conference Center. This participatory and demand-driven learning event will convene 350 leading stakeholders in the fields of youth enterprise, employment, and livelihoods development; microfinance; education; and health. Members of all sectors will share their promising practices, unique approaches, and groundbreaking ideas that help youth develop the necessary skills and opportunities to start their own businesses or seek quality employment.
A whole half-day will focus on the new and growing field of Youth-Inclusive Financial Services. Don't miss this unique opportunity to gain technical capacity, explore new partnerships, and share information with leading stakeholders from around the world. To view the conference program, see a list of sponsors, and register, please visit the conference website or contact Whitney Harrelson (whitney@makingcents.com; +1 202-783-4090).
Conference blogging: Keep updated on the conference through on-the-spot blogging on the Microfinance Insights blog.
