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Youth Enterprise Grants (YEG) for the Informal Economy
The YEG pilot provided approximately $1,200 in grants and smartphones to 1,035 youth in Nairobi's Mathare slum, testing two payment cadences: lump sums and monthly payments. Interim results show that transferring funds via mobile money is highly feasible and that recipients significantly invest in self-employment and education. While pre-installed business apps saw low usage, general internet access via smartphones improved market reach. Gender differences emerged, with men investing more in productive assets and women prioritizing education and informal savings groups. Lump-sum recipients reported higher investment rates and savings compared to those receiving monthly payments.
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Document type: Report