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Archived News - 2010

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November 2010

November 15-19, 2010: Making Cents engages in Global Entrepreneurship Week with three events:

Youth Entrepreneurship: Beyond Collateral online dialog

Fiona Macaulay, Making Cents' President, contributed to an online dialogue Youth Business International organized as part of Global Entrepreneurship Week. YBI based the dialogue on their new report titled, Beyond Collateral: How to increase access to capital for young entrepreneurs. The report and dialogue addressed the following questions: What are the barriers to kick starting growth through enterprise? What will it take to increase young entrepreneurs' access to start-up capital? What change is required of banks, governments and development institutions? To read the dialogue and access the report, please click here.

 

Youth Participate in Business Simulation Game

Making Cents led a Business Simulation training on November 18th for youth at Potomac Job Corps who will soon be from their programs and entering the workforce. Making Cents´ Business Simulation provides a challenging learning experience for business practitioners and entrepreneurs to develop real skills in negotiation, teamwork, recordkeeping, risk management, and taking initiative.

 

YFS-Link Webinar: The Latest and Greatest on Implementing Sound Practices in Youth-Inclusive Financial Services

Making Cents held a webinar on Friday, November 19th as a part of its Youth-Inclusive Financial Services Linkage (YFS-Link) Program. This 60-minute webinar was dedicated to equipping practitioners who have been trained in our introductory course on youth-inclusive financial services - Implementing Sound Practices in Youth-Inclusive Financial Services - with the latest materials, resources, and tools that have recently been developed in the sector. In addition, practitioners were given a step-by-step introduction to a new guide containing practical exercises and presentations Making Cents developed to help them quickly and easily take information on youth-inclusive financial services back to their colleagues at your organization. For more information on YFS-Lind and upcoming courses, please visit: www.yfslink.org.

 

 

November 13, 2010: President of Making Cents spoke at TEDx YSE event

Fiona Macaulay, President of Making Cents, joined the list of social innovator speakers at the TEDx event, Youth Social Entrepreneurship: Unleashing Young Social Entrepreneurs. The event was organized by Ashoka's Youth Venture and took place in Washington, DC. Click here to watch a video of the presentation.

October 2010

October 21, 2010: USAID MARKETS Livelihood and Household Nutrition Pilot in Nigeria

Making Cents, in collaboration with Chemonics International, recently completed the Livelihood and Household Nutrition pilot activity in Nigeria under the USAID MARKETS Global Food Security Response program.  The activity empowers  women in vulnerable communities in key target states in Northern Nigeria with practical skills in household asset management and cost benefit analysis.  As a result, vulnerable populations become empowered and self-sufficient by putting into practice proven skills and knowledge to allow them to lead healthier and more productive lives. 

 

A similar program under USAID MARKETS was implemented by Making Cents with the aim of meeting the immediate and long-term needs of OVC households.  Please click here to view a video highlighting the program and its impact, which has trained 24,000 caregivers to benefit over 100,000 OVCs across 12 states in Nigeria.

 

 

October 11-23, 2010: Course offerings in Zanzibar, Tanzania (SMDP)

Making Cents is partnering with the Sustainable Microenterprise and Development Program(SMDP), an intensive training program offering critical skills for today's microfinance and enterprise development leaders around the world, to offer the latest training in youth-inclusive financial services through the following courses:

  • Implementing Sound Practices in Youth-Inclusive Financial Services (2 days)

  • Market Research with Young Clients (3 days)

  • Adapting and Developing Financial Services for Young People (3 days)

  • Partnering for Improved Service Delivery with Young People (2 days)

 

For more information on courses, costs, and registration, visit the SMDP-Tanzania Web by clicking here.

 

 

October 7, 2010: Fiona Macaulay is named a D.C. "40 under 40" International Development Leader

The recognition, the first of its kind, was given to social entrepreneurs, advocates, private sector innovators and government and multilateral agency officials.  Devex's goal is to highlight and celebrate the important work of the next generation of leaders in the international development community in Washington, DC. Criteria included individual influence on the global development agenda and results achieved. Devex and Chevron Corporation announced the honor during the Business Civic Leadership Center's annual conference. Click here for the press release. For more information about the initiative, the selectees and selection process please visit the 40-Under-40 website: http://dc40.devex.com/ and Devex.com: http://www.devex.com/articles/devex-list-of-young-aid-leaders-in-dc-is-announced

September 2010

September 14-16, 2010: Global Youth Enterprise & Livelihoods Development Conference (Washington, DC, U.S)

Making Cents held the fourth Global Youth Enterprise and Livelihoods Development Conference at the Inter-American Development Bank in Washington, DC September 14-16, 2010. In just four years, this participatory and demand-driven learning event has become the "go to" conference for practitioners, funders, educators, policymakers, members of the private sector, and other professionals who design, implement, monitor, evaluate, and fund programs and policies in this field. This year's event convened 402 participants from 63 countries. The 2010 conference themes were: youth enterprise development; youth-inclusive financial services and capabilities; workforce development; monitoring, evaluation and impact assessment; and adolescent girls and young women. For more information on outcomes of the 2010 conference or how you can become involved in next year's conference, please visit: www.youtheconomicopportunities.org.  

July 2010

July 15, 2010: YFSlink.org Platform Launch

Making Cents is pleased to announce the launch of YFS-Link - the first space for financial services providers (FSPs) and youth-serving organizations (YSOs) to gather, learn and share about youth-inclusive financial services! With your participation, this collaborative platform will act as the community driven "go-to" place for pioneers in the sector to share knowledge, experiences, and lessons learned.

 

Features include: Interactive Global MapResource CenterPractitioner Discussion ForumYFS Blog; and more!

 

Special thanks to The MasterCard Foundation for its continued support and commitment to the YFS-Link Program.

June 2010

June 26, 2010: Pakistan Handmade Fashion Show

Since January 2010, Making Cents has been working with USAID's Pakistan FIRMS Market Readiness Program (MRP) to increase access to international markets for women-owned small-to-medium enterprises (SMEs) working in the handmade sector. The culmination was an exciting Pakistan Handmade Fashion Show and Exhibition held on June 25-26 in Islamabad. The international fashion show and trade exhibition attracted nearly 40 artisans, businesses, and handicrafts cooperatives showcasing their products for international buyers, including 14 major U.S. wholesale buyers.  Click here for a express clip of the fashion show.

 

U.S. Ambassador Anne W. Patterson opened the event, highlighting U.S. support for Pakistani industries. "This event is more than a fashion show," Ambassador Patterson said. "It is also an opportunity to support women entrepreneurs in Pakistan and to introduce them to international buyers."

 

Click here for the news release, or check out Pakistan Handmade's Facebook Page for more information.

May 2010

May 31-June 12, 2010: Course offerings in New Hampshire, USA (SMDP)

Making Cents is partnering with the Sustainable Microenterprise and Development Program(SMDP), an intensive training program offering critical skills for today's microfinance and enterprise development leaders around the world, to offer the latest training in youth-inclusive financial services through the following courses:

  • Implementing Sound Practices in Youth-Inclusive Financial Services (2 days)

  • Market Research with Young Clients (3 days)

  • Adapting and Developing Financial Services for Young People (3 days)

  • Partnering for Improved Service Delivery with Young People (2 days) 

 

For more information on courses, costs, and registration, visit the SMDP-Ghana Web by clicking here.

 

View brochure.

 
 
Making Cents' Agricultural Enterprise Curriculum expected to train 250,000 Nigerian farmers

In collaboration with the USAID/MARKETS and World Bank Fadama III projects, Making Cents is rolling out training on the Nigerian Agricultural Enterprise Curriculum. The trainings are contributing to the improvement of production and quality of life among small-scale Nigerian farmers. To learn more about how farmers are putting their training to use, click here.

 

 

May 4, 2010: Making Cents hosts a "Conversation to Build & Strengthen the Youth Enterprise & Livelihoods Development Field"

Making Cents hosted the event "Conversation to Build & Strengthen the Youth Enterprise & Livelihoods Development Field" on youth and savings. Mr. Chandula Abeywickrema, Deputy General Manager of Hatton National Bank in Sri Lanka, and Ms. Madeline Hirschland, a specialist in youth-inclusive financial services, discussed current trends and examples of how financial institutions are increasing the access young people have to appropriate savings programs. To view the presentation given by Mr. Abeywickrema click here, and to view the report prepared by Ms. Hirschland click here. For more information about this event and future events, please contact Whitney Harrelson, Associate Director of Youth Enterprise & Livelihoods Development at Making Cents (whitney@makingcents.com); 202-783-4090.

 

 

Making Cents Partners with MasterCard Foundation

MasterCard Foundation awards Making Cents a 1.5 million dollar grant to increase the access youth have to financial services.  The Youth-Inclusive Financial Services Linkage Program (YFS-Link) is a three-year knowledge management and global capacity building and training initiative that aims to support the greater provision of appropriate financial services to young people. For further information on YFS-Links and how you can play a role in this important initiative, click here.

March 2010

Course offering in Accra, Ghana (SMDP), March 15-27, 2010

Making Cents partnered with the Sustainable Microenterprise and Development Program(SMDP), an intensive training program offering critical skills for today´s microfinance and enterprise development leaders around the world, to offer the latest training in youth-inclusive financial services through the following courses:
 

  • Implementing Sound Practices in Youth-Inclusive Financial Services (2 days)

  • Market Research with Young Clients (3 days)

  • Adapting and Developing Financial Services for Young People (3 days)

  • Partnering for Improved Service Delivery with Young People (2 days)

 

"It was a very good program and I enjoyed the course...[we will be starting] a program with the youth in the project affected communities we are working in. We plan to train them in Youth Inclusive Financial Services, organize a market research to identify their financial needs and link them to a partner bank. All this has been possible through your support. Thank you."

 

- Joseph Nyamekeh Armah, Project Coordinator, Organization for Livelihood Enhancement Services (Olives)

 

 

Making Cents participated in the planning meetings for the 2010 Global Entrepreneurship Week March 9-10, 2010

Making Cents is pleased to be a global partner of Global Entrepreneurship Week, an initiative of the Kauffman Foundation. In November 2010, Global Entrepreneurship Week will connect young people everywhere through local, national and global activities designed to help them explore their potential as self-starters and innovators. Students, educators, entrepreneurs, business leaders, employees, non-profit leaders, government officials and many others will participate in a range of activities, from online to face-to-face, and from large-scale competitions and events to intimate networking gatherings. For more information and to see how you can become involved, please visit: www.unleashingideas.org.

 

 

Making Cents hosted "Partnerships That Make Youth Workforce Development Work", March 4th 2010

Making Cents was pleased to collaborate with The SEEP Network on the March, 2010 "Conversation to Build and Strengthen the Youth Enterprise & Livelihoods Development Field". This was Making Cents´ 2nd event in a new series we´re hosting throughout the year and in between our annual Global Youth Enterprise & Livelihoods Development Conferences.  Our goal is to provide a regular, open, and safe learning space where members of our global community can have an honest dialogue around lessons learned, promising practices, pressing questions, field-tested tools, and innovative approaches for increasing and improving economic opportunities for young people.  The dialogues are designed to be informal and practical so participants will walk away with concrete information that can inform their programming, policymaking, and partnership building.

 

The March 4th conversation on "Partnerships That Make Youth Workforce Development Work" featured the Education Development Center and Partners of the Americas. The presenters shared their experiences and lessons learned in the following areas:

  • Partnering with multilateral international organizations

  • Partnering with corporations and learning to 'speak their language´

  • Working with universities to develop quality training curricula

  • Managing large numbers of local partners

  • Building local capacity

  • Helping partners through crises.

 

Fifty people, representing all sectors, engaged in the Conversation. To access the learning product that emerged from SEEP´s Practitioner Learning Program on Youth and Workforce Development, visit http://seepnetwork.org/Pages/YouthandWorkforceDevelopment.aspx.

January 2010

Making Cents participated on the Kick-Off committee for NMC and the First World Youth Meeting, an initiative of the Government of Italy January 19-21, 2010

Since 2008, Making Cents has participated on the Kick Off Committee for a global initiative the Government of Italy is leading to increase the influence young people have in policymaking related to employment and entrepreneurship, education, health, the environment, and civic participation. The work of the Kick Off Committee culminated in the First World Youth Meeting, which convened 500 young "agents of change" from 120 countries. These young leaders strategized to develop concrete action plans they could implement in their home communities as part of a new global support network. Other members of the Kick Off Committee included: Italy´s National Agency for Youth, Greece´s National Agency of Youth for Greece and the EU, the Inter-American Development Bank, the International Labour Organization, UNESCO, UN-HABITAT, MTV, Amartya, and Microsoft. For more information, please visit: 
 

 

New Course: Implementing Sound Practices in Youth-Inclusive Financial Services, provided to financial service practitioners and youth serving organizations in Toronto, Canada, January 13-14, 2010.

This is highly interactive course offers a practical step-by-step framework for understanding what it takes to offer youth-inclusive financial services. The course will be held January 13-14, 2010 in Toronto, Canada.

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