Pramod would spend all his savings on playing video games at a cyber shop. He didn’t care about saving whatever little his mother could afford to give him from her carpet weaver’s wage. But a financial education class run in his school changed him. He learned that if he spends and saves responsibly, he can fund his dream in the future. He opened a bank account which was specially set up for young people and he has been saving some money every month. He says, “My saving account is making me feel more secure about my future as I dream of going abroad to study or work.”
Children are more likely to be safe, have access to education and stay healthy when their families have economic resources. Save the Children’s Child Poverty programs helps families and households to reduce hunger, and improve their financial security through income and employment generating activities.
To help vulnerable families to better cope with the root causes of poverty, we prepare them to handle any untoward economic shock and risks, such as rise in food prices. We reach out to vulnerable families, in particular those who have children dropping out from school, children with disabilities, and families whose children are vulnerable to abuse and exploitation. Livelihoods interventions are strategically focused on child centered development leading to sustainable impact on children’s lives. In communities, our programs help build the capacities of vulnerable families to respond and create an enabling household environment for healthy living, better nutrition and education for children.
Additionally, Save the Children helps to foster an enabling policy environment to reduce chronic hunger, malnutrition and improve food security. The Promotion of Youth Information Centers helps youth access information on job opportunities, job orientation, and training for migrant workers. Through the Finance Ministry, youths can also receive small loans to start up micro enterprises in SC child poverty focused districts.