2015 - 18th Annual Steven Galovich Memorial Student Symposium

Presentation Title

Youth Financial Services

Student Presenter(s) and Advisor

Ariane Uwamba, Lake Forest CollegeFollow

Location

Meyer Auditorium

Abstract

The Savings for Life (SfL) program of World Relief (www.worldrelief.org) serves more than 100 thousand participants, primarily women, in Burundi, Democratic Republic of the Congo, Kenya, Malawi, Rwanda, and South Sudan. In this study, existing youth financial services were investigated to propose an adaptation of SfL for young people. The video summary highlights the steps to implement a youth village savings and loans association (YVSLA) program through schools, youth centers, churches, and mobile banking networks. The proposed YVSLA model for World Relief would include training for financial literacy, job skills, and entrepreneurship in an effort to reduce unemployment among youth.

Presentation Type

Individual Presentation

Start Date

4-7-2015 10:30 AM

End Date

4-7-2015 11:45 AM

Panel

Financial Services and Business Activities of the Forgotten Majority

Panel Moderator

Les Dlabay

Field of Study for Presentation

Business, Economics, Finance, International Relations

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Apr 7th, 10:30 AM Apr 7th, 11:45 AM

Youth Financial Services

Meyer Auditorium

The Savings for Life (SfL) program of World Relief (www.worldrelief.org) serves more than 100 thousand participants, primarily women, in Burundi, Democratic Republic of the Congo, Kenya, Malawi, Rwanda, and South Sudan. In this study, existing youth financial services were investigated to propose an adaptation of SfL for young people. The video summary highlights the steps to implement a youth village savings and loans association (YVSLA) program through schools, youth centers, churches, and mobile banking networks. The proposed YVSLA model for World Relief would include training for financial literacy, job skills, and entrepreneurship in an effort to reduce unemployment among youth.