These Endorsements set benchmarks for Economic Citizenship Education (ECE) programs and Child and Youth Friendly financial products.

  • CYFI invites organizations commited to promoting economic citizenship to have their product or curriculum endorsed.
  • The product asssesment benchmarks financial products for children and youth against the Child & Youth Friendly Banking Principles, looking at the availability, accessibility and affordability amongst other topics.
  • The curriculum assessment benchmarks educational materials against the Economic Citizenship Education Learning Framework, looking at the incorporation of the three components: 1) financial education, 2) social education, and 3) livelihoods education.

How does it work?

If the product or curriculum passes the assessment, you receive an assessment report and an endorsement logo for promotional purposes.

endorsement report 2

Curriculum Endorsement

banqer New Horizons CFEE

Banqer, New Zealand - Endorsed in 2017

Developed by teachers, for teachers, Banqer is an online financial education platform that provides a hands-on environment for children ages 6-12 to get curious, creative, and confident with their money. Transforming the classroom into a virtual economy, the platform helps students to experience personal finances first-hand. The Banqer curriculum aligns with the national curricula in New Zealand, Australia and England.

New Horizons Foundation, Romania (affiliated with World Vision International) - Endorsed in 2017

‘SKYE’ (Skills and Knowledge for Youth Economic Empowerment) training material is suitable for 18-25 year olds. Designed for youth leaders to organise activities at ‘SKYE’ youth clubs, the programme targets low-income youth in Jiu Valley region in South Western Romania. The overall method used in this curriculum is hands-on, including both adventure education and service learning.

CFEE, Canada - Endorsed in 2016

‘Money and Youth’, developed specifically for 14-18 year olds, introduces students to the world of money. Covering a broad range of themes, it aims to help them take control over their financial future and achieve success.

aflatoun Mobaderoon  visa

Aflatoun International, Netherlands - Endorsed in 2016

‘Aflatot’, ‘Alfatoun’ and ‘Aflateen’ curricula.

•In Aflatot’s curriculum children (ages 3-6) gather the building blocks of social and financial literacy before they reach primary school.

•The Aflatoun’s core programme focuses on children of primary school age (6-14), building on a child’s natural curiosity and teaching them positive associations with themes as children’s rights, saving and enterprise.

•In the Aflateen programme, young people (14-19) explore concepts as age, gender, nationality, ethnicity, socio-economic status and religion as well as the theme of financial education.

Mobaderoon, Syria - Endorsed in 2017

‘Life Street’ materials were designed to help street children to plan their future and be positive change agents for themselves and in their communities.

‘Journey of Values’ materials help develop social and life skills in youth emphasising respect for diversity, empathy and conflict management.

‘Social Enterprise – Active Citizenship’ materials focus on young social entrepreneurs or representatives of teams who are interested in starting their social projects. It supports social enterprise leaders in creating a sustainable social, environmental and cultural impact across the globe.

Visa, Turkey – Endorsed in 2017

“Paramı Yönetebiliyorum” (“I Can Manage My Money”) is designed for university students aged 18-25. Divided into five themes, namely Budgeting, Saving, Investing, Debt Management and Financial Rights and Responsibilities, the programme is also available as an open source. Youth-friendly and visually rich, the training material uses active learning strategies and offers a sufficient room for in-class discussion.


Ragball InternationalEndorsed in 2018

Using the international language of soccer, an interactive, soccer-based curriculum helps young people (ages 15-21) save and spend wisely, set financial goals, and plan for their futures. The structure of the material makes the instructions and objectives of the lessons very clear, and gives the essential space for the coach to adapt it to the players’ reality. The end of the program, when the players produce their own ragballs for sale, creates a positive atmosphere and increase the participants’ self-esteem.



Product Endorsement

FTB VTB BankOfGergiaLogo

Finance Trust Bank, Uganda - Endorsed in 2017

‘Girl’s Choice’ Savings Account targets unbanked and vulnerable girls ages 10-19. ‘Teen Classic’ Savings Account targets unbanked and vulnerable teenagers ages 12-17.

•Engaging financial literacy training is offered to all youth clients
•Youth-friendly supervisors manage the relationship with youth clients
•Direct sales officers travel to rural communities, provide training and open accounts for young people
•Account opening is completed in the field using a mobile handset
•Mobile vans collect savings for the youth on specific days to deposit money into savings accounts

VTB/Bank of Moscow - Endorsed in 2015

The ‘Social Card of Muscovite’ is a multifunctional payment card with a chip and data protection. Designed for pupils and students of public and private state-accredited educational institutions in Moscow.

•Banking app UPUP
•Transport app
•Medical service
•Social certificate
•Digital signature

Bank of Georgia - Endorsed in 2016

This Mastercard debit card is equipped with a transport and a contactless payment option. The product is dedicated to children ages 6-18, helping them get accustomed to a financial culture and teaching them to save money and use banking products.

•Government-approved educational programme
•Monitoring of school attendance
•Payments at school canteens
•Free public transportation
•Bonus points on with every transaction made

xacbank Kerala Gramin Bank

XacBank, Mongolia - Endorsed in 2017

Aspire Savings Account and Temuulel Debit Card are offered to 14-16 year olds throughout Mongolia.

•Children can manage their accounts independently
•A variety of gifts is offered depending on the amount deposited to the account
•Financial education programme includes social and livelihood training
•Internet and mobile banking services
•The bank’s non-governmental organisation (Golden Fund for Development Association) organises campaigns for young people to engage in environmental volunteering activities across the country and improve their life skills

XacBank, Mongolia - Endorsed in 2017

Future Millionaire Savings Account is a long-term savings account dedicated for children ages 0-16.

•As the balance in savings deposit increases, the interest rate goes up accordingly
•The interest rate is calculated on a compounded basis monthly
•Child allowance money can be received on the savings account monthly
•Financial education programme for children ages 6-14 is complemented with social and financial education
•Internet and mobile banking services
•Golden Fund for Development Association, XacBank’s NGO, encourages children to engage in environmental volunteering activities across the country and improve their life skills

Kerala Gramin Bank - Endorsed in 2017

Junior Savings Account is offered to 10-18 years olds in India.

•Children as young as 10 can open and operate the account independently
•Eligible for RuPay Junior Debit Cards (JDC) including free accident insurance cover
•Parents can monitor the account usage through automated transaction alerts via sms (optional)
•Innovative and educational app is offered
•Financial Literacy Clubs and diverse financial literacy activities are offered


Kenya Post Office Savings Bank – Endorsed in 2018

SMATA Savings Account targets 0-18 year old children and youth, in particular the unbanked.

•The product targets youth in slums, vulnerable girls at risk of early marriages and also persons living with disability
•Parents or legal guardians of children who are 12 years and above can sign a consent form that allows the child to operate their account on their own
•Financial education includes elements of social and livelihoods education
•Collaboration with a diverse range of stakeholders
•Free ATM card


Would you like more information?

Contact the CYFI Secretariat.

Read more about product endorsement.

Read more about curriculum endorsement.