2012 | Ghana
Youth and saving in Ghana: A baseline report from the YouthSave Ghana Experiment
The YouthSave intervention is the offering of a youth-tailored savings account to youth ages 12–18. While the savings account is open to in-school and out-of-school youth, the Ghana Experiment is restricted to in-school youth interviewed at baseline. The YouthSave account is marketed to out-ofschool youth at markets, workplaces, and lorry parks. For youth participating in the Ghana Experiment, HFC Bank is conducting intensive marketing in the treatment schools only. In addition, youth in 25 randomly selected treatment schools can make school-based deposits, which involves HFC bank staff going to the selected schools to collect deposits. The other 25 treatment schools have outreach from the bank but can make deposits at the banking hall only. The aim of this design is to measure the effect of in-school banking on financial capability.
Chowa, G., Ansong, D., Masa, R., Despard, M., Osei-Akoto, I., Richmond, A.-A., Agyei-Holmes, A., & Sherraden, M. (2012). Youth and saving in Ghana: A baseline report from the YouthSave Ghana Experiment. St. Louis, MO: Washington University, Center for Social Development.