Promoting Inclusive Markets and Financial Systems
The MasterCard Foundation works with visionary organizations to provide greater access to education, skills training and financial services for people living in poverty, primarily in Africa. As one of the largest private foundations its work is guided by its mission to advance learning and promote financial inclusion to create an inclusive and equitable world. Based in Toronto, Canada, its independence was established by Mastercard when the Foundation was created in 2006. For more information and to sign up for the Foundation’s newsletter, please visit www.mastercardfdn.org. Follow the Foundation at @MastercardFdn on Twitter.
This technical report synthesizes project and research results from the Advancing Integrated Microfinance for Youth (AIM Youth) project, which was launched in partnership with The MasterCard Foundation in 2009. The report documents the experience of Freedom from Hunger and its implementing partners in Mali and Ecuador offering three different packages integrating youth financial services (primarily in the form of savings) and education and their impact on the financial capability of the participating youth. This report is intended primarily for institutions interested in building the financial capability and promoting the financial inclusion of young people by offering both financial services and education.