Category: Youth

MICROFINANCE EVENT: Making Finance Work for Women Summit; October 24-25, 2017; Dar es Salaam, Tanzania

Event Name: Making Finance Work for Women Summit

Event Date: October 24 – October 25, 2017

Event Location: The Kilimanjaro Hotel, Dar es Salaam, Tanzania

Summary of Event: The theme of this year’s biennial summit is “Digital Financial Inclusion.” Sessions will include topics such as “the state of digital financial services”, how policymakers Continue reading

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Written by Comments Off on MICROFINANCE EVENT: Making Finance Work for Women Summit; October 24-25, 2017; Dar es Salaam, Tanzania Posted in Events, Technology, Youth

MICROFINANCE EVENT: Making Cents International Presents 2017 Global Youth Economic Opportunities Summit; September 27-29; Arlington, Virginia, USA

Event Name: Global Youth Economic Opportunities Summit 2017

Event Date: September 27 – September 29, 2017

Event Location: Marriott Crystal Gateway, Arlington, Virginia, USA

Cost: The fee to attend is USD 895 with a discount of USD 100 offered until July 14. A rate of USD 495 is offered to participants traveling from developing countries and for all attendees under age 30.

Summary of Event: The theme of this year’s event is “The Future of Work: Youth Economic Opportunity in a Changing World,” and it will address issues such as the diminishing role of Continue reading

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Written by Comments Off on MICROFINANCE EVENT: Making Cents International Presents 2017 Global Youth Economic Opportunities Summit; September 27-29; Arlington, Virginia, USA Posted in Events, Youth

MICROCAPITAL BRIEF: Asian University for Women Expanding on Partnerships with Grameen Bank of Bangladesh, BRAC Afghanistan

Asian University for Women (AUW), which was created in 2008 in Chittagong, Bangladesh, is in the process of bringing on additional partners through which it will recruit bachelor’s degree candidates from low-income regions of Asia and the Middle East. The mission of AUW is to offer talented young women from families with minimal educational and financial resources the opportunity to earn an undergraduate Continue reading

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MICROCAPITAL BRIEF: Jordan Launches Financial Inclusion Strategy for 2018 – 2020

The Central Bank of Jordan recently announced a strategy to increase financial inclusion in the country during the years 2018 through 2020. The document calls for increased financial education, client protection and Continue reading

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MICROCAPITAL BRIEF: Tigo; UNICEF; Tanzania’s Registration, Insolvency and Trusteeship Agency to Provide Mobile Birth Registration for 200k Children in Iringa, Njombe Regions

Tigo Tanzania, a brand of Swedish telecom provider Millicom, recently announced that it will expand its partnership with the United Nations Children’s Fund (UNICEF) and the government of Tanzania’s Registration, Insolvency and Trusteeship Agency (RITA) to register and provide birth certificates to an estimated 200,000 children under the age of five in the Iringa and Njombe regions. Continue reading

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MICROFINANCE EVENT: Aflatoun to Host Annual International Meeting on Social, Financial Education, November 2-4, 2016, The Hague, the Netherlands

Event Name: Aflatoun International Meeting 2016: Social and Financial Education Contributing to the Sustainable Development Goals (SDGs)

Event Date: November 2 – November 4, 2016

Event Location: World Trade Center, Prinses Beatrixlaan 582, The Hague, the Netherlands Continue reading

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MICROCAPITAL BRIEF: Nicaragua’s Fabretto Acquires Grants Totaling $1.8m for Training Rural Youth from Japan Special Fund for Poverty Reduction, Multilateral Investment Fund

Fabretto, an educational NGO in Nicaragua, recently received grants from two entities managed by the US-based Inter-American Development Bank Group: (1) USD 1 million from the Japan Special Fund for Poverty Reduction (JPO), which is funded the government of Japan and; (2) USD 800,000 from the Multilateral Investment Fund (MIF), which assists organizations in Latin America and the Caribbean. Continue reading

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MICROCAPITAL BRIEF: Philippine Department of Education (DepEd) Introduces Training on Financial Literacy for Senior High School Students

The Philippine Department of Education (DepEd) recently announced that financial literacy training will be included in the curriculum of senior high school students. Continue reading

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MICROCAPITAL BRIEF: Livelihoods and Food Security Trust Fund (LIFT) Donates $4.5m to World Vision Myanmar for Microfinance Lending, Savings

The Livelihoods and Food Security Trust Fund, a Myanmar-based multi-donor trust fund, recently has donated a three-year USD 4.5 million grant to three organizations affiliated with US-based NGO World Vision, to aid approximately 100,000 people in gaining improved access to financial services. Continue reading

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SPECIAL REPORT: Serving Youth: Back-to-School Savings Promotions, Lower Loan Portfolio-at-Risk (PAR) Ratios

European Microfinance WeekOn Friday, during the final day of European Microfinance Week, Ata Cisse of the UN Capital Development Fund (UNCDF) explained how that organization’s YouthStart program, which was launched in 2010 in partnership with The MasterCard Foundation of Canada, facilitated microfinance institutions (MFIs) in Africa collecting deposits equivalent to USD 16 million through 2014 from 600,000 youth, roughly evenly divided between young men and women. Continue reading

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MICROFINANCE EVENT: European Microfinance Platform (e-MFP) to Host European Microfinance Week 2015, November 18-20, 2015, Abbaye de Neumunster, Luxembourg

Event Name: European Microfinance Week 2015

Event Dates: November 18-20, 2015

Event Location: Abbaye de Neumunster, Luxembourg Continue reading

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MICROCAPITAL BRIEF: Safaricom Foundation; Junior Achievement Kenya; Hand in Hand Eastern Africa (HiHEA) Launch $133k Fund for Youth-Owned Microenterprises

Safaricom Foundation, a charity funded by the Kenya-based telecommunications company Safaricom Limited, recently launched a “revolving fund”[1] that is intended to assist youth-owned businesses in Kenya. Continue reading

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Written by Comments Off on MICROCAPITAL BRIEF: Safaricom Foundation; Junior Achievement Kenya; Hand in Hand Eastern Africa (HiHEA) Launch $133k Fund for Youth-Owned Microenterprises Posted in Africa, Deals, Youth

MICROFINANCE EVENT: Global Youth Economic Opportunities Summit: October 6 – 8, 2015, Arlington, Virginia, USA

Event Name: Global Youth Economic Opportunities Summit 2015

Event Date: October 6 – 8, 2015

Event Location: Westin Crystal City Hotel, Arlington, Virginia, USA Continue reading

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SPECIAL REPORT: “More Inclusive Finance for Youth: Scalable and Sustainable Delivery Models for Financial and Non-Financial Services” from e-MFP’s Youth Financial Inclusion Action Group

MicroCapital: What is the motivation for the new study “More Inclusive Finance for Youth: Scalable and Sustainable Delivery Models for Financial and Non-Financial Services,” which was published recently by e-MFP’s Youth Financial Inclusion Action Group?

Severine Deboos: Almost 73 million youth worldwide are looking for work. The UN’s International Labour Office (ILO) considers financial inclusion an important ingredient to fostering youth employment. While young people may need access to services such as savings, credit, insurance and payments, potential employers may need loans to fund apprenticeships. Continue reading

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MICROCAPITAL BRIEF: Silatech Develops Crowdfunding Website Narwi for Shariah-Compliant Microfinance in Middle East, North Africa

Silatech, a Qatar-based social enterprise aiming to increase employment and entrepreneurship among youth in the Middle East and North Africa, recently announced the development of Narwi, a nonprofit crowdfunding platform that will support microentrepreneurs via Islamic charitable giving. The platform is scheduled to be launched in late June 2015. Continue reading

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Written by Comments Off on MICROCAPITAL BRIEF: Silatech Develops Crowdfunding Website Narwi for Shariah-Compliant Microfinance in Middle East, North Africa Posted in Africa, Middle East, Youth

MICROCAPITAL BRIEF: Canada to Contribute $10m to International Organization of La Francophonie to Promote Entrepreneurship in Sub-Saharan Africa

The International Organization of La Francophonie (IOF), a Paris-based organization of 80 French-speaking countries, and the government of Canada recently announced an agreement under which Canada would contribute approximately USD 10 million to IOF to promote employment for women and youth through entrepreneurship in francophone Sub-Saharan Africa. Continue reading

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Written by Comments Off on MICROCAPITAL BRIEF: Canada to Contribute $10m to International Organization of La Francophonie to Promote Entrepreneurship in Sub-Saharan Africa Posted in Africa, Key Players, Youth