African Inequality Studies (Interdisciplinary - Econ/Social/Political) | 20 June 2012
Urban Youth Entrepreneurship Support Programmes in Dakar Slums: An Evaluation of Financial Inclusion Services Accessibility
D, i, e, n, g, N, d, i, a, y, e, ,, N, d, i, a, y, e, S, e, n, e, ,, A, l, i, o, u, n, e, D, i, o, p, ,, T, o, u, r, e, G, u, i, n, d, o
Abstract
Urban youth entrepreneurship is a critical area of focus in Senegal’s development agenda, particularly in Dakar slums where access to financial services remains limited. Qualitative research methods, including semi-structured interviews with 50 youths involved in the programmes and focus group discussions with community leaders, were employed to gather data from a representative sample of participants. Participants reported significant barriers such as high transaction fees (72%) and limited access points (60%), which hindered their ability to use financial services effectively for business growth. The evaluation highlights the need for comprehensive financial inclusion strategies that address accessibility issues, particularly in underserved urban youth populations. Programme providers should consider reducing transaction fees and expanding physical access points to ensure greater financial inclusion among Dakar slum youths.