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).
Project: YouthSave
Citation
Johnson, L., Lee, Y., Ansong, D., Sherraden, M. S., Chowa, G. A. N., Ssewamala, F., … Saavedra, J. (2015, September). Youth savings patterns and performance in Colombia, Ghana, Kenya, and Nepal: Key findings (CSD Research Brief No. 15-55). St. Louis, MO: Washington University, Center for Social Development.