On December 17, 1999, the United Nations Common Meeting endorsed the advice made by the World Convention of Ministers Answerable for Youth that August 12 be declared Worldwide Youth Day.
In honor of this present day, Girls’s World Banking might be highlighting its youth financial savings work, which has implications for youth around the globe – together with migrants, that are the theme of this 12 months’s Youth Day.
This 12 months’s theme, “Youth Migration: Shifting Improvement Ahead,” raises consciousness of the alternatives and dangers related to youth migration, shares information and knowledge stemming from current analysis and evaluation on this matter, and engages younger individuals in discussions on their migration experiences (UN.org).
All this week, we might be that includes the youth financial savings work we’ve carried out in collaboration with these three establishments and past. By highlighting younger individuals’s want for monetary providers, each migrant and non-migrant youth, Girls’s World Banking hopes to contribute to the objectives of the World Programme of Motion for Youth by “improve[ing] the standard and amount of alternatives out there to younger individuals for full, efficient and constructive participation in society” (UN.org).
Girls’s World Banking is proud to be working in direction of supporting the youth of the world. Since 2008, we’ve partnered with three monetary establishments to supply entry to financial savings accounts coupled with monetary schooling for youth, with a give attention to women. Girls’s World Banking first labored with XacBank in Mongolia and Banco ADOPEM within the Dominican Republic to change into the primary monetary establishments of their markets to deal with youth, women specifically, as real financial institution clients. Girls’s World Banking took the teachings realized from these markets, together with the significance of monetary schooling, to Ethiopia the place we labored with PEACE MFI S.CO on the Lenege (“for tomorrow” in Amharic) youth financial savings program. We’re additionally taking a look at creating additional initiatives in Nigeria and India.
This submit is a part of a Youth Financial savings collection Girls’s World Banking is publishing in honor of Worldwide Youth Day 2013.