Youth Saving Patterns and Performance in Colombia, Ghana, Kenya, and Nepal: Key Findings

Lissa Johnson, YungSoo Lee, David Ansong, Margaret S. Sherraden, Gina A. N. Chowa, Fred Ssewamala, Li Zou, Moses Njenga, Joseph Kieyah, Isaac Osei-Akoto, Sharad Sharma, Jyoti Manandhar, Catherine Rodriguez, Frederico Merchán, Juan Saavedra, Michael Sherraden

Research output: Contribution to journalArticlepeer-review

Abstract

If provided an opportunity to save via formal financial services, do youth in developing countries participate, save, and accumulate assets? This was one of the key questions asked in YouthSave. Savings accounts were created in four developing countries, targeting youth aged 12 to 18 years from predominantly low-income households. This brief highlights research findings on account uptake and savings from the Savings Demand Assessment (SDA).

Original languageAmerican English
JournalDefault journal
DOIs
StatePublished - Oct 2 2015

Keywords

  • Africa
  • Asia
  • asset building
  • child development account
  • child savings
  • Colombia
  • financial education
  • financial incentives
  • Ghana
  • Kenya
  • Nepal
  • YouthSave

Disciplines

  • Other Social and Behavioral Sciences
  • Social Work

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