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Title: Anti-Youth Unemployment Organization

Title: Anti-Youth Unemployment Organization. Team Name: Anti-Youth Unemployment (AYU) Country: Cambodia School: Royal University of Phnom Penh Link to Video : http://www.youtube.com/watch?v=lvWRF8AKcbI . 1 st Solution: AYU Student Loan.

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Title: Anti-Youth Unemployment Organization

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  1. Title: Anti-Youth Unemployment Organization Team Name: Anti-Youth Unemployment (AYU) Country: CambodiaSchool: Royal University of Phnom Penh Link to Video:http://www.youtube.com/watch?v=lvWRF8AKcbI

  2. 1st Solution: AYU Student Loan • According to the survey conducted by AYU, the lack of practical skills and knowledge is one of the main causes of unemployment in Cambodia. • Therefore, AYU provides Student Loan with an interest lower than other local microfinance institutions up to 30%. • 1000 students are targeted for the first 3 years to get loan on the maximum of $2000—the average school fee in Cambodia is $350-$400 per year.

  3. 2nd Solution: AYU Recruitment Service • AYU will transfer all received resumes to our partner companies, NGOs and governmental agencies, as shown in below picture.

  4. Unique Point: AYU Radio Program • AYU Radio Program is created to promote AYU services and seek for more funding/partnership opportunities, as radio can reach up to 9.8 million people nation-wide. Reality Check & Feedback • We’ve contacted a local microfinance institution to be our main partner for funding AYU Student Loan. Their feedbacks are: • Policies/Requirements for those come to borrow the loan should be made carefully. • Radio Program should be launched only after the other two services are operated.

  5. The Findings of Survey: • There are 80 youth respondents involved, coming from different background in terms of education, geography and financial situation. • 96% shows interest in AYU Student Loan. 95% expects the interest of the loan lower than 1.0%. And 99% support AYU Recruitment Service.

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