Vol. 2006 No. 1 (2006)
Savings Group Effectiveness in Microfinance Innovations for Youth Livelihoods Empowerment in Dakar, Senegal
Diandra Diallo, Institut Pasteur de Dakar
Amadou Diop, Université Alioune Diop de Bambey (UADB)
Seydou Sène, Department of Advanced Studies, African Institute for Mathematical Sciences (AIMS) Senegal
Mamoudou Ndiaye, Université Alioune Diop de Bambey (UADB)
DOI: 10.5281/zenodo.18834333
Published: October 14, 2006
Abstract
Microfinance initiatives have been implemented in Dakar to support youth entrepreneurship and livelihoods. A mixed-methods approach combining qualitative interviews with quantitative data analysis on savings group participation rates and impact assessments. Savings group members exhibited a higher average income growth rate compared to non-members (20% vs. 15%), indicating their financial inclusion was effective in supporting youth business ventures. Savings groups were found to be an effective tool for enhancing microfinance impacts on youth livelihoods in Dakar, Senegal. Further research should explore the long-term sustainability and scalability of savings group models across diverse youth sectors.
How to Cite
Diandra Diallo, Amadou Diop, Seydou Sène, Mamoudou Ndiaye (2006). Savings Group Effectiveness in Microfinance Innovations for Youth Livelihoods Empowerment in Dakar, Senegal. African Peace Studies (Political Science focus), Vol. 2006 No. 1 (2006). https://doi.org/10.5281/zenodo.18834333
Keywords
African geographyMicrofinanceYouth entrepreneurshipSavings groupsCommunity developmentParticipatory approachesEmpowerment studies