Challenge
At-risk communities in Thailand face high debt and have limited or no access to banking services.
Description
Plan Thailand partners with schools to implement a program where students develop financial literacy, business, and 21st century skills while learning good savings practices.
Outcomes
The Student Bank program has expanded to work with schools in 7 provinces in Thailand. In 2013, 72% of student participants plan to share savings with their parents, 60% say they can use savings to buy books and supplies to help defray education expenses, and 96% think the program helps their village (including 58% who believe 'people in the village are learning how to save and manage money from the students').
