Unveiling global best practices for youth financial inclusion with Y Initiative

• Dec 28, 2023
• 1 min

The Y Initiative’s Compendium of Global Good Practices on Youth Finance was a study by FMO to identify innovative, cost-effective, and replicable initiatives. These initiatives sought to increase low-cost access to financial services for young people globally. FMO commissioned Making Cents International and MSC to conduct a survey to develop a comprehensive compendium that produced global best practices for providing financial and non-financial services to youth.

The Y Initiative’s Compendium of Global Good Practices on Youth Finance was a study that sought to identify innovative, cost-effective, and replicable initiatives that increase low-cost access to financial services for young people globally. MSC worked with Making Cents International to conduct a global assessment of initiatives led or done by financial service providers, private sector companies, or non-governmental organizations focused on young people’s financial inclusion.

We produced a compendium of good practices across Asia and Africa. FMO and its clients can replicate these practices across fragile and low-income countries. We also developed an executive summary deck, youth segments for persona mapping of youth, and an interactive map.

Our recommendations and tools were implemented with the FSP partners to increase service provision to youth.

FMO: Dutch Entrepreneurial Development Bank commissioned this study.