An assets-based approach to promoting girls' financial literacy, savings, and education.
J Adolesc
; 68: 94-104, 2018 10.
Article
en En
| MEDLINE
| ID: mdl-30071449
ABSTRACT
PURPOSE:
This study examined whether micro-savings programs can improve young adolescent girls' financial knowledge, savings behaviors, and schooling outcomes in Ghana.METHODS:
We evaluated the short- and medium-term effects of a randomized control trial in which a sub-sample of over 1400 girls living in the Eastern Region of Ghana received financial literacy training and a micro-savings account.RESULTS:
Girls in the intervention arm of the study initially exhibited higher levels of financial knowledge, planning, and savings, but some of these effects disappeared within two years. Nonetheless, girls with micro-savings retained their greater knowledge of interest rates, had higher levels of savings, and were more likely to save for school. The effects on girls' educational enrollment was strongest in the second year.CONCLUSIONS:
Our results suggest that even relatively young girls can manage micro-savings accounts and that such programs, if sustained, can effectively build girls' financial and educational assets.Palabras clave
Texto completo:
1
Colección:
01-internacional
Base de datos:
MEDLINE
Asunto principal:
Alfabetización
/
Renta
Tipo de estudio:
Clinical_trials
/
Health_economic_evaluation
/
Observational_studies
/
Prevalence_studies
/
Risk_factors_studies
Aspecto:
Determinantes_sociais_saude
Límite:
Adolescent
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Child
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Female
/
Humans
País/Región como asunto:
Africa
Idioma:
En
Revista:
J Adolesc
Año:
2018
Tipo del documento:
Article