CYFI News & Blog

Latest news and articles from Child & Youth Finance and the CYF Movement Network

Youth presented Mr. Draghi with Financial Inclusion Champion award

Youth presented Mr. Draghi with Financial Inclusion Champion award

ECB President Mr. Draghi Financial Inclusion Champion for Europe and Central Asia

The Youth who participated in the Second Child and Youth Finance International Regional Meeting for Europe and Central Asia presented the European Central Bank President Mr. Draghi with an award as Champion for Financial Inclusion of Europe and Central Asia.

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Daily Digest of the CYFI Regional Meeting for Europe & Central Asia at the ECB

Daily Digest of the CYFI Regional Meeting for Europe & Central Asia at the ECB

 

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The European Case: Financial Inclusion & The Prevention of the Next Financial Crisis

The European Case: Financial Inclusion & The Prevention of the Next Financial Crisis

Just a few days ago we celebrated the World Savings Day. But there are still many people who are excluded from the formal financial services and bank accounts. According to a newly made study by MasterCard, the population of unbanked and underbanked totals 93 million people in Western Europe alone.

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Countdown to the upcoming CYFI Meeting at the ECB

Countdown to the upcoming CYFI Meeting at the ECB

 

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Getting Child and Youth Finance on the Microfinance Agenda

Getting Child and Youth Finance on the Microfinance Agenda

We had so many great lessons and met a multitude of inspiring people and organizations during the Partnership Against Poverty Summit in Manila, Philippines, hosted by Microcredit Summit Campaign. One of the most rewarding things we took with us from the meeting was the fact that Child and Youth Finance has now made its way into the international microfinance agenda. A great sign of this is the recently announced partnership between CYFI and Microcredit Summit Campaign - partnering up to reach 100 million children, youth and their families with financial inclusion.

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Building Bridges

Three Coins is trying to further youth financial literacy education by combining the trends of gaming, smart phones and new media with applied research in the field of behavioural economy. To do this, we’re developing a ‘non-educational’ mobile adventure game that trains financial literacy. 

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Let Youth be a part of their solution - Entrepreneurship for Youth Unemployment

Let Youth be a part of their solution - Entrepreneurship for Youth Unemployment

 

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Baizat Partner with the Movement to Further Financial Education in the UAE

Baizat Partner with the Movement to Further Financial Education in the UAE

Dubai, United Arab Emirates (UAE) - Amsterdam, The Netherlands

In a move to join hands to further youth financial education in the United Arab Emirates (UAE) it is today annoncued that Baizat will join the Child and Youth Finance Movement. The partnership with Baizat is an exciting development for both organizations as they work towards increasing financial literacy in the MENA region and focus on doing this through financial education for children and youth.

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Gaming with a Purpose?

Gaming with a Purpose?

This is the second blog post in a series of post Child and Youth Finance will be doing at The Huffington Post. This privilege comes with the Skoll Social Entrepreneur Fundraising Challenge we are taking part of to raise fund for CYFI  to better further the progress of the Movement.

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Pesacard: A Smartcard to Boost Financial Empowerment of Children in Kenya

In Kenya, 75% of the country’s 40 million citizens own a mobile phone and a similar percentage of that sector uses mobile money services, particularly M-PESA. Behind the scenes, the key player driving financial inclusion is not a bank but the leading mobile phone service provider – Safaricom.

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Jeroo Billimoria: Child & Youth (Micro)Finance - share from the Huffington Post

Jeroo Billimoria: Child & Youth (Micro)Finance - share from the Huffington Post

Over the coming weeks Child and Youth Finance will have the privilege to blog on behalf of the Child and Youth Finance Movement, at the Huffington Post. This amazing opportunity is a part of the Skoll Foundation Social Entrepreneur Challenge, where we are participating with our own fundraiser. During the weeks we will talk about the issues we are trying to tackle, including youth unemployment, technology solutions for financial inclusions, the need for Child & Youth Finance in developing countries, and more. To reach as many as possible form the Movement all post from the Huffington Post will also be shared here on our own blog.

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Financial Football Brought Policymakers and Youth together in Bogotá

Financial Football Brought Policymakers and Youth together in Bogotá

BOGOTÁ, COLOMBIAFinancial Football was one of the items on the agenda as the first day of the Fourth Latin American Congress of Financial Education by FELABAN /Second CYFI Regional Meeting for the Americas and the Caribbean took off. Leaders and policymakers from a variety of sectors got together to share innovations, ideas and collaborate on financial education and inclusion for children and youth. Some of the topics discussed where how to promote responsible consumption and sustainability for the next generation.

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'Partnerships Against Poverty' goes beyond Summit as CYFI Partner with Microcredit Summit Campaign

'Partnerships Against Poverty' goes beyond Summit as CYFI Partner with Microcredit Summit Campaign

Microcredit Summit Campaign and Child & Youth Finance International Partner to Fight Poverty and Promote Financial Inclusion for Millions

11 October 2013

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The Swedes believe – 13 year olds should have a debit card

Earlier this year, Point Group, a Sweden-based managed services group, wrapped up a survey that aimed to determine how old Swedes believe children should be before they should be given their own debit card.The results (spoiler in the title!) might surprise many Westerners. Read more at YouthTech

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Raising to Reshape Finance! CYFI in Skoll Social Entrepreneurship Fundraising Challenge

Raising to Reshape Finance! CYFI in Skoll Social Entrepreneurship Fundraising Challenge

Today, September 30th at 12 PM EST (4 PM UTC) is the start of the Skoll Social Entrepreneurship Fundraising Challenge and we are very excited to announce that Child and Youth Finance will be participating with our own fundraiser. By entering this challenge we hope to raise funds to further us and our partners in our work towards bringing the Child and Youth Finance Movement to our goal: increasing economic citizenship and financial inclusion for 100 million children and youth in 100 countries by 2015, and ultimately reshape finance and break the cycle of poverty. We want to ask you to help us Raise to empower funds for the Skoll Challenge - Every contribution makes a difference! We urge you to spread the message of the Challenge through your network to support the Movement in its efforts to reach 100 million children and youth with our cause.

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Youth Spoke to Leaders and Policymakers during last day of CYFI Africa Meeting

Youth Spoke to Leaders and Policymakers during last day of CYFI Africa Meeting

The last day of the CYFI Regional Meeting for Africa started off with celebratory spirit as Global Money Week, and how to celebrate it was presented. Global Money Week is a global event of national initiatives coordinated by CYFI focused on engaging children in learning how money works, how to save, creating a livelihood, gaining employment, and becoming an entrepreneur. CYFI shared a toolkit for supporting national stakeholders that outlines the details of joining, designing and organizing initiatives for the upcoming Global Money Week celebrations in March 2014. The session was followed by workshops on the topics of Economic Citizenship Education, Sustainable Livelihoods and Youth Employment as well as Financial and Educational Services. 

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Mobile Merchant Payments offers the Biggest Opportunity for Financial Inclusion among Youth-Owned Enterprises in Africa

Income-generating micro and small enterprises (MSEs) are one of the main instruments of economic empowerment for millions of young entrepreneurs in Africa. Micro-enterprises also provide employment opportunities to millions of youth across the continent

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Summary of Day 1 of CYFI Regional Meeting for Africa

Summary of Day 1 of CYFI Regional Meeting for Africa

 

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Press Release: CYFI Regional Meeting for Africa

Press Release:  CYFI Regional Meeting for Africa

18 September 2013

FOR IMMEDIATE RELEASE

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Recognizing Youth Efforts with the CYFI Youth Awards

This week Child and Youth Finance International is launching the CYFI Youth Awards. The award is focused on recognizing and rewarding youth in the ages of 18 to 25 that are involved in projects focused on financial education, youth employment and entrepreneurship. The winner of the award will receive tickets to visit the Global Youth Summit 2014. 

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