Making Cents' CEO and Founder Fiona Macaulay explored challenges that emerging markets face in seeking to provide goods and services to multinational corporations, and shared best practices from Making Cents' work in entrepreneurship, enterprise development, and youth empowerment. The two-day Global Engagement Forum focused on how strategic partnerships among public, private, and social sector organizations can effectively address the Sustainable Development Goals through strategic program alignment and collaboration.
Best practices in entrepreneurship and improving employment outcomes for youth at USAID's Education Summit
Making Cents' CEO and Founder Fiona Macaulay discussed prominent trends in ideas, innovations, and best practices that Making Cents has witnessed over the past few years in skill development and private sector approaches to improving employment outcomes for youth. The summit brought together a broad array of stakeholders in the field of global education, including USAID education staff from missions around the world, representatives from the U.S. Government, partner countries’ Ministries of Education, NGOs, think tanks, as well as thought leaders to review current best practices and demonstrate new and innovative approaches to global education.
Additionally, USAID YouthPower Learning (for which Making Cents is the prime contractor) sponsored a 75-minute presentation titled “Applying Principles of Positive Youth Development (PYD) to Improve Outcomes in Education.” This session focused on the underpinnings of PYD – an assets-based approached to youth development – and reviewed examples of how USAID and other donors have introduced PYD into the education sector. Presenters included Making Cents Vice President of Youth Development Christy Olenik and Director of the University of Washington Social Development Research Group (YouthPower Learning partner) Dr. Richard F. Catalano, as well as speakers from FHI360 and IREX.
Making Cents International Develops Global SMS – Based Financial Education Campaign
While financial innovations are providing access to financial services to an unprecedented number of people, financial capability – the ability to understand and use financial services to make sound financial decisions – has not kept pace, leading to over indebtedness or exploitation in many countries. In response, Making Cents International, in close collaboration with Souktel and a leading international electronic payments company, developed an innovative SMS-based financial education platform that helps prepaid mobile customers make sound financial decisions. Making Cents led program partners through an interactive co-creation process to develop a strategy to reach clients in up to 30 countries in Latin America, Asia, Europe, and Africa. The interactive curriculum includes nearly 500 incoming and outgoing interactive SMSs that are delivered over the course of 12 months, making the program one of the most expansive digital financial education campaigns in existence.