The MasterCard Foundation has explored financial services for young people by testing approaches to reaching low-income young people with financial services and education.
Financial Services for Young People: Prospects and Challenges is a review of early insights and learning based on our youth financial services projects.
In this paper, which was prepared with The Boston Consulting Group, we learned about:
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The need for financial services among low-income young people
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Promising indications of the benefits of financial access
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The business case for providing financial services to young people
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Where donors and social investors can deepen their focus on young people
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How a conducive regulatory and policy environment could be enhanced for both financial inclusion and youth development agendas
