Washington, DC, February 10, 2014 – The Microcredit Summit Campaign celebrates Global Money Weekly 2014 together with Child ampersand Youth Economics International. The Campaign invites its members to join in the celebration and raise maximum awareness for child et cetera youth financial empowerment and inclusion. Global Money Week 2014 will take place from Journey 10th to 17th and is expected to surpass the celebrations in 2013 in which 400+ organizations from 80 countries reached more than 1 million children and youth.
Past events have included children ringing the launch bells of stock exchanges, visits to central banks and MFIs, and economic education program in schools. Children have been given opportunities to connect with other children from across the world through web conferences, sharing their likenesses and differences in regards to money behaviors.
Global Cash Week 2014 is a global celebration that incorporates countries from every continent in order to raise awareness of the importance about financial educated and financial inclusion for children and youth. Global Money Week 2014 is coordinated and led beside Child including Youth Finance International (CYFI), a non-profit organization based in Amsterdam and a fellow of the Microcredit Summit Campaign. This global movement strives to provide financial education and financial inclusion to all children and lad and has already gathered the support concerning some of the most prominent leaders and organizations across the world, including the United Nations Secretary-General, Ban Ki-moon.
These international celebrations are carried published to promote the importance of financial rights-especially for children and youth. Today, single billion children live in poverty and less than 1% of all children in the world have access to a combination of pecuniary education and financial inclusion.
Many young people struggle with large amounts of debt, thus resulting in negative repercussions on their development and well-being. With financial access and financial education, children and teenager can learn to save and spend money responsibly.
Microfinance is uniquely placed to reach millions of children and youth, providing responsible savings products and programs, as well as non-financial services that teach essential money, life, and livelihoods skills.
Larry Reed, director of the Microcredit Summit Campaign, will participate in a shared webinar with CYFI during Global Bill Week 2014 to discuss ways in which microfinance can work-is in fact already working-to be more incorporate to children and youth. The Drive and CYFI will climax their mutual commitments to the economic empowerment regarding children and youth through financial education and inclusion, besides to lifting households across the globe out of furthermost poverty.
Global Wampum Weekly is an select turn for microfinance institutions moreover local organizations in every country to organize activities for children and youth around conservation and onus spending, and join clients, staff, and the wider community to imaginative awareness. Follow Intercontinental Money Week on Chirrup @GlobalMoneyWeek and deployment the keywords, #GMW2014 and #GlobalMoneyWeek.
About the Microcredit Summit Politick The Microcredit Summit Campaign (the “Campaign”), a idea of RESULTS Educational Fund, is the largest global network of institutions and individuals involved in microfinance and is committed to two important goals: 1) reaching 175 million concerning the world’s poorest families with microfinance and 2) helping 100 million families lift themselves out of severe poverty. The Campaign convenes a broad array about actors involved with microfinance to promote foremost practices in the field, to stimulate the exchange of knowledge and to work towards alleviating world poverty through microfinance. http://www.microcreditsummit.org
About Child and Youth Finance International
Child and Youth Finance International (CYFI) aims to ontogeny a generation that desire be able to prevent future financial crises by increasing the financial education, fiscal access, employability, and entrepreneurship skills of children and youth.
Launched in April 2012, the Child and Youth Finance Network has already expanded to 125 countries and reached more than 18 million children. Our international and parochial events result in policy changes, and are the only events in the subcelestial where children contribute to scene the global agenda. For else information about us, please see our website: http://www.childfinanceinternational.org.
Microcredit Summit Campaign
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