Six aspects financial institutions must consider if they wish to serve young people
Many financial service providers (FSPs) wish to serve youth but lack appropriate products and services that suit their needs. In this blog, we highlight prominent aspects that financial institutions need to focus on as they design and deliver financial services to youth.
Financial Service Providers (FSPs) have embraced the drive to promote financial inclusion. However, many feel that the investment made in reaching out to these segments may not be commensurate with the benefits they stand to gain. In this blog, we discuss how FSPs can determine whether it is worth serving certain segments and we specifically focus on the business case to serve the youth.
Impact of COVID-19 on youth- Opportunities and challenges on youth livelihoods.
This video highlights MSC’s analysis of the impact of COVID-19 on youth and the immediate steps which the government and private stakeholders have taken to support youth livelihoods during this crisis. It also touches on what more these two key players can do to ensure the interventions put in place are sustainable for the long-term.
COVID-19: Impacted yet proactive youth response to the crisis through innovation
COVID-19 has disrupted normal life—in terms of health, economy, and society. The pandemic is unique in that it affects all segments of the population, including youth. Young people are more vulnerable to declining labor demand. However, instead of giving up, youth have shown their resilience and turned this crisis into business opportunities, creating brilliant initiatives.
The role of entrepreneurship in creating job opportunities for the youth
Several challenges often mar the journey to entrepreneurship, especially for the youth. What are these challenges? What possible solutions can be developed to assist the youth to succeed in their ventures? Watch our video for some answers.
Covered! How informal youth workers in the gig economy can be insured
In this blog, we highlight how MSC uses its behavioral and human-centered research to understand the dynamic nature of work for the youth, especially those in the informal sector, risks that affect them, and their everyday use-cases to design effective microinsurance product concepts for gig platforms and workers.