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UN Capital Development Fund YouthStart Programme December 2010. Objectives. Expand low income youth’s access to financial and non-financial services by providing funding support Build i nstitutional capacity to provide holistic youth services
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UN Capital Development FundYouthStart ProgrammeDecember 2010
Objectives • Expand low income youth’s access to financial and non-financial services by providing funding support • Build institutional capacity to provide holistic youth services • Expand access to and mobilize knowledge related to youth financial services
Phase 1 • From July 2010 to May 2011 • 19 Financial Service Providers • Conduct market research • Prepare for activities of phase 2
Phase 2 • From May 2011- December 2014 • 10 Financial Service Providers • Capacity building to develop and roll out products for youth and YSO partnerships • Advance and maximize learning related to YFS
Anticipated Results • 200,000 additional youth who access financial and non-financial services • 80% of new youth products brought to scale • 50 representatives of financial institutions, youth support organizations, stake holders and UNCDF staff members will be trained in youth microfinance • 12 documents extracting and comparing lessons learned will be broadly disseminated to industry stake holders
THANK YOUMaria Perdomo YouthStart Programme Managermaria.perdomo@uncdf.org
Selected FSPs for Phase 1 Uganda: Finance Trust, Finca, Kitgum Sacco, PostBank, Stanbic Ethiopie: ACSI, PEACE, SFPI Malawi: OIBM Rwanda: UCU Burkina Faso: FCBP RDC: Mecrebu et FINCA Mali:Nyesigiso Senegal: ACEP, CMS, PAMECAS, UIMCEC Togo: FUCEC