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Youth livelihoods in digital financial services (YLDFS)

Signature projects

Design and implementation of sector specific interventions by mobilising private and public stakeholders

  • time Mar 22, 2021
  • calendar 1 min

MSC undertook a multi-phase research and strategy development project on youth livelihoods in Digital Financial Services (YLDFS). The project explored opportunities to develop sustainable and scalable intervention models for a range of youth livelihoods. We have worked across the project lifecycle with various stakeholders to create target interventions. MSC worked with funders, industry experts and service providers. Our work on product development led to our partner Lynk insuring about 1,000 workers each day, and our work with Expresso to improve its incubation approach has been customized to deliver value to its 3.2 million subscribers. The project showcases MSC’s expertise in program design and implementation of innovative interventions as well as sectoral expertise in youth and training.

Working for Mastercard Foundation, MSC conducted a research exercise in Ghana, Kenya, Senegal, and Uganda with youth and digital financial service providers to understand the perception of youth and the state of jobs in DFS. We supported Lynk to develop microinsurance product concepts and The Expresso Innovation Hub to improve its incubation approach with youth entrepreneurs in Senegal. Thereafter, Lynk started insuring about 1,000 workers each day, and our work with Expresso has been customized to deliver value to its 3.2 million subscribers.

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