More Inclusive Finance for Youth: Scalable and Sustainable Delivery Models for Financial and Non-Financial Services

This edition builds and expands on the 2012 e-MFP publication on youth financial inclusion, which laid out the state of the field in Youth financial services and offered key insights in program design and implementation. At that time, the combined outreach from 13 financial service providers documented in the publication added to just over 100,000 youth receiving services. There was little known about the potential sustainability of the services since most of the projects were in their early years of implementation.

In this second publication focused on youth financial inclusion, the e-MFP Youth Financial Inclusion Action Group agreed to hone in on youth financial services that are integrated with non-financial services. Over the past decade there has been a surge in investment to advance youth financial inclusion, with various organizations around the world testing and evaluating a variety of financial instruments targeting young people in low-income countries. The majority of the projects have incorporated a non-financial component, mainly financial education or business and vocational training, aimed at further strengthening young people's financial capability and business skills.

The objective of this publication is to provide guidance to Financial Services Providers, youth serving organizations, donors and government authorities that want to advance youth financial inclusion by analyzing and compiling what is known to date on scaling up financial products along with NFS and assessing the potential for long-term sustainability.