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Microfinance Opportunities
Global Youth Enterprise Conference 2009




                September 29, 2009        1
The curriculum development
           process

Market Research                           Module
in Kenya with     Module Design           Pilot Test               Module
Binti Pamoja                              in Kenya                 Refinement




                      Market Research          Cross Test
     Cross Test
                      in Bolivia, Nepal        in Bolivia, Nepal      Finalize Generic
     Meeting in
                      Peru and                 Peru and               Module
     Bolivia
                      Morocco                  Morocco




                          September 29, 2009                                       2
Current and Desired KSAs and Behaviors

   PRESENT/CURRENT                                             FUTURE/DESIRED




                                    FINANCIAL EDUCATION
• Plan only for their most                                • Set financial goals
  immediate needs
• Do not save regularly                                   • Save regularly

• Do not believe banks would                              • Have confidence to use
  serve them                                              banks




                               September 29, 2009                                    3
WWB & XacBank – Mongolia




             September 29, 2009   4
ADOPEM – Dominican Republic


• Demand and industry research –
  summer 2009
• Curriculum design / adaptation –
  ongoing
• Pilot testing – October 2009 (tentative)




                  September 29, 2009         5
CARE Burundi




               September 29, 2009   6
Preliminary Results & Findings


• Assessment of interests and financial
  literacy levels
• Capacity building of local partners
• Financial education design and
  adaptation
• Understanding of local landscape

                  September 29, 2009      7
Lessons Learned


Through market research, we can:

• Better understand target group
• Introduce new activities (like FE)
• Understand the role of the family




                  September 29, 2009   8
Next Steps


• Further refinement of tools
• New tools to be developed for:
  o   Radio

  o   Rural populations




                     September 29, 2009   9

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Micro Finance Opportunities Presentation

  • 1. Microfinance Opportunities Global Youth Enterprise Conference 2009 September 29, 2009 1
  • 2. The curriculum development process Market Research Module in Kenya with Module Design Pilot Test Module Binti Pamoja in Kenya Refinement Market Research Cross Test Cross Test in Bolivia, Nepal in Bolivia, Nepal Finalize Generic Meeting in Peru and Peru and Module Bolivia Morocco Morocco September 29, 2009 2
  • 3. Current and Desired KSAs and Behaviors PRESENT/CURRENT FUTURE/DESIRED FINANCIAL EDUCATION • Plan only for their most • Set financial goals immediate needs • Do not save regularly • Save regularly • Do not believe banks would • Have confidence to use serve them banks September 29, 2009 3
  • 4. WWB & XacBank – Mongolia September 29, 2009 4
  • 5. ADOPEM – Dominican Republic • Demand and industry research – summer 2009 • Curriculum design / adaptation – ongoing • Pilot testing – October 2009 (tentative) September 29, 2009 5
  • 6. CARE Burundi September 29, 2009 6
  • 7. Preliminary Results & Findings • Assessment of interests and financial literacy levels • Capacity building of local partners • Financial education design and adaptation • Understanding of local landscape September 29, 2009 7
  • 8. Lessons Learned Through market research, we can: • Better understand target group • Introduce new activities (like FE) • Understand the role of the family September 29, 2009 8
  • 9. Next Steps • Further refinement of tools • New tools to be developed for: o Radio o Rural populations September 29, 2009 9