Entries in youth microfinance (8)
Self-Esteem, Self-Efficacy and Hope Among Vulnerable Adolescents Affected by HIV and Participating in Community-Based Savings and Lending Groups in Rural Nyanga District, Zimbabwe
Do adolescents who participate in savings groups have more self-esteem, self-efficacy and hope? Research in Zimbabwe suggests that yes, they do. Savings groups may provide a way for adolescents to address immediate financial concerns and build mental health resilience for the future.
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My Skills, My Money, My Brighter Future in Rwanda: An Assessment of Economic Strengthening Interventions for Adolescent Girls
To respond to the OVC crisis in Rwanda, CRS and our Caritas partners implemented a five-year program that provided caregivers and children a range of services: education support, health care and HIV education, protection, psychosocial support, food security and nutrition assistance, and economic strengthening. Interventions examined here include vocational training, savings and internal lending communities, biointensive gardens and small-animal husbandry.
My Skills, My Money, My Brighter Future in Zimbabwe: An Assessment of Economic Strengthening Interventions for Adolescent Girls
This project was designed to improve the economic status, food security, health and psychosocial well-being of out-of-school (or at risk of being out-of-school) adolescents. The assessment evaluates three economic strengthening approaches: (1) vocational training, (2) Junior Farmer Field and Life Schools and (3) Savings and Internal Lending Communities.
This learning paper looks at linking the Savings and Internal Lending Communities (SILC) methodology with orphans and vulnerable children (OVC) programming in Rwanda. CRS Rwanda introduced SILC to help households headed by OVC to build financial assets and complement current OVC programming, with the intent to provide OVC households with reliable and safe financial services as well as an avenue for basic financial education.
Savings and Internal Lending Communities (SILC) is a savings-led microfinance methodology developed by CRS to increase access to financial services for the poorest of the poor. This case study looks at CRS’ experience in introducing the SILC methodology to orphans and vulnerable children in Rwanda in an effort to help them build successful businesses.
Phase II: Savings and Internal Lending Communities
CRS Tanzania’s HIV and MF project was recently featured in the SEEP Network’s “Promising Practices” series. This case study describes the role that savings and internal lending approaches to microfinance has played in strengthening the economic wellbeing of HIV affected households.
The key to helping Zimbabwean youth overcome poverty
Engaging vulnerable youth in positive economic strengthening activities is critical in helping them develop the life skills and coping strategies required to meet their basic needs. This case study looks at CRS’ experience in introducing Savings and Internal Lending Communities (SILC) to orphans and vulnerable children in Zimbabwe through the Support to Replicable Innovative Village Community Efforts (STRIVE) project.