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On December 17, 1999, the United Nations Common Meeting endorsed the advice made by the World Convention of Ministers Liable for Youth that August 12 be declared Worldwide Youth Day.
In honor of this present day, Ladies’s World Banking will likely be highlighting its youth financial savings work, which has implications for youth world wide – together with migrants, that are the theme of this yr’s Youth Day.
This yr’s theme, “Youth Migration: Transferring 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 will likely 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 companies, each migrant and non-migrant youth, Ladies’s World Banking hopes to contribute to the objectives of the World Programme of Motion for Youth by “enhance[ing] the standard and amount of alternatives obtainable to younger individuals for full, efficient and constructive participation in society” (UN.org).
Ladies’s World Banking is proud to be working in the 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 deal with women. Ladies’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 particularly, as real financial institution clients. Ladies’s World Banking took the teachings realized from these markets, together with the significance of economic 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 creating additional initiatives in Nigeria and India.
This submit is a part of a Youth Financial savings collection Ladies’s World Banking is publishing in honor of Worldwide Youth Day 2013.
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