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This two-page publication details the experience of the Department of Youth Development (DYD) in Bangladesh in their transition from cash to mobile payments. It includes an overview of their activities, the types of transactions they transitioned to mobile, what that transition process entailed, and challenges and benefits associated with their transition. It also includes key takeaways from their experience so that others can apply DYD’s lessons learned to their own transition to digital payments.
A Youth Financial Services practitioner shares lessons learned from market research on group savings for adolescent girls in Bangladesh and recommends that both parents and community members be educated on the benefits of the products.
BRAC’s Social & Financial Empowerment of Adolescents (SoFEA) program offers a holistic approach to financial services, supplementing savings and credit products with a “club,” where adolescent female clients have a safe place to meet.