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The aim of this research is to develop a business model that will enhance the access to financial services
by marginalised youth. In order to develop such a relevant business model it is apparent to understand
the needs and challenges being faced by targeted clients in using and accessing formal financial services.
Accessing such services will help...
Contexts in source publication
Context 1
... work is in the memory of James Zimba, Regis Marawo and all the youth who passed on before they achieved their dreams. Plagiarism Declaration ............................................................................................................................ Table 1: Mobile banking services providers in Zimbabwe ....................................................................... 26 Table 8: Historical access to a bank account in your name for Zimbabwean respondents ...................... 59 Table 9: Historical access to a bank account in your name for South African respondents ..................... 61 Figure 1: Integrative thinking ................................................................................................................. Figure 30: Percentage distribution of needing a bank account by age: Zimbabwean respondents .......... 63 Figure 31: Percentage distribution of needing a bank account by age: South African respondents ......... 64 Figure 32 Having a bank account by monthly income: Zimbabwean respondents .................................. 67 Figure 33 Having a bank account by monthly income: South African respondents ................................ 67 Figure 34 Having a bank account by source of income: Zimbabwean respondents ................................. 68 Figure 35 Having a bank account by source of income: South African respondents ............................... 68 Figure 36 Ever had a bank account by Level of education: Zimbabwean respondents ............................ 71 Figure 37 Ever had a bank account by Level of education: South African respondents .......................... 71 Figure 38 Saved in the past 12 months: Zimbabwean respondents ... Figure 54 Where one would urgently get $50 by age: Zimbabwean respondents .................................... 81 Figure 55 Where one would urgently get $50 by age: South African respondents .................................. 81 Figure 56 I have many stable Preface: My Veggie Basket -Autobiographical narrative of the journey towards enhancing financial support for youth. ...
Context 2
... work is in the memory of James Zimba, Regis Marawo and all the youth who passed on before they achieved their dreams. Plagiarism Declaration ............................................................................................................................ Table 1: Mobile banking services providers in Zimbabwe ....................................................................... 26 Table 8: Historical access to a bank account in your name for Zimbabwean respondents ...................... 59 Table 9: Historical access to a bank account in your name for South African respondents ..................... 61 Figure 1: Integrative thinking ................................................................................................................. Figure 30: Percentage distribution of needing a bank account by age: Zimbabwean respondents .......... 63 Figure 31: Percentage distribution of needing a bank account by age: South African respondents ......... 64 Figure 32 Having a bank account by monthly income: Zimbabwean respondents .................................. 67 Figure 33 Having a bank account by monthly income: South African respondents ................................ 67 Figure 34 Having a bank account by source of income: Zimbabwean respondents ................................. 68 Figure 35 Having a bank account by source of income: South African respondents ............................... 68 Figure 36 Ever had a bank account by Level of education: Zimbabwean respondents ............................ 71 Figure 37 Ever had a bank account by Level of education: South African respondents .......................... 71 Figure 38 Saved in the past 12 months: Zimbabwean respondents ... Figure 54 Where one would urgently get $50 by age: Zimbabwean respondents .................................... 81 Figure 55 Where one would urgently get $50 by age: South African respondents .................................. 81 Figure 56 I have many stable Preface: My Veggie Basket -Autobiographical narrative of the journey towards enhancing financial support for youth. ...
Context 3
... 16% of the Zimbabwean respondents were employed as permanent or causal workers ( Figure 10). ...
Context 4
... remainder are either self-employed or unemployed. 10% relied on formal wages as a source for their income with the remainder relying on informal wages, remittances, scholarships, rent amongst other sources for their income (Figure 11). ...
Context 5
... earned $250 or less per month (Figure 12). This implies that the majority of the respondents live on less than $2 per day. ...
Context 6
... implies that the majority of the respondents live on less than $2 per day. 19% were students with 18% being farmers, 13.3% were vendors whilst the rest reported being employed as house cleaners, security guards, hairdressers and artisans amongst other occupations ( Figure 13). (Figure 16). ...
Context 7
... were students with 18% being farmers, 13.3% were vendors whilst the rest reported being employed as house cleaners, security guards, hairdressers and artisans amongst other occupations ( Figure 13). (Figure 16). This implies that the majority of the respondents live on less than R20 per day. ...
Context 8
... were employed as waiters, waitresses or barmen, 13.2% as carpenters or builders and 10% as shop cashiers. Only 2% were students whilst the rest reported being employed as maids, drivers, cleaners, vendors and artisans amongst other occupations (Figure 17). ...
Context 9
... 52% of the youth in Zimbabwe cited that they need money to cover their daily upkeep costs, with 20% indicating educational costs as most pressing (Figure 18). Medical costs, as cited by about 13%, are the third most important need. ...
Context 10
... to 62% is most likely going to need finances to cover their daily upkeep (Figure 19). Educational and medical costs, as cited by 18.3% respondents respectively, become the most important needs to cover. ...
Context 11
... and medical costs, as cited by 18.3% respondents respectively, become the most important needs to cover. and 20.6% cited the banks being too expensive or too far, respectively, as the reasons why they do not have an account ( Figure 21). Only 11%, were likely not to have a bank account because they felt they did not have enough money to put in an account. ...
Context 12
... the South African respondents there is high demand amongst all age groups. 100% of those aged 15 to 21 years and above 35 years respectively, reported that they need a bank account (Figure 31). 88.9% and 82.6% of those 22 to 27 years and 28 to 35 years respectively, reported that they need a bank account. ...
Context 13
... trend is almost similar for those in South Africa. 36.5% of those who saved did so to enable them to cover costs in an emergency (Figure 41). ...
Citations
... Baporikar (2016) states that SE has three main components: (i) identification of an unjust equilibrium that perpetuates exclusion, marginalisation and the suffering of people, (ii) opportunity identification and innovatively challenging the status quo to add social value and (iii) provision of a better future for the marginalised through creating a new and stable alternative equilibrium. Social entrepreneurs thus focus on the social return of investment rather than the economic profit of the enterprise that they are running (Musarurwa 2014;Baporikar 2016). They are able to channel their energy to amplifying the operations that are multiplying the social value that they are creating. ...
Youth around the world bear the brunt of many conflicts, as these impact their progression in life. Zimbabwean youth are not an exception in this regard, and like many other citizens across the country, they have experienced different forms of violence since independence in 1980. Structural violence (SV) is related to the
uneven distribution of resources which then leads to the social exclusion and marginalisation of people. Structural violence equates to social inequality and leads to impaired human growth and development. The main purpose of this study was to evaluate the potential of social entrepreneurship as a tool for promoting sustainable peace in Zimbabwe. Given the fact that youth are
energetic and willing to act, they have the potential to be notable change-makers and to exhibit the characteristics of social entrepreneurs. Providing youth with civic or peace education alone cannot be effective in addressing social inequality and structural violence. Therefore, social entrepreneurship support becomes the
final ingredient that completes the empowerment of youth, giving them the capacity to be independent decision-makers who will not be easily swayed into violence. The study was based on an action research strategy within a mixed methods research framework. A sequencing approach was applied in collecting data for this study. The researcher used primary data sources that included a survey as well as direct interactions with youth and some policy-makers through
Focus Groups and In-depth Interviews. This thesis contributed to theory in three ways, namely: (i) validating other research and (ii) contributing to knowledge by depicting the effectiveness of grassroots-initiated solutions and (iii) showing the effectiveness of social entrepreneurship in addressing structural violence. This
thesis also discloses how bringing about change is overwhelming and that it varies across the micro or macro levels. There are many challenges in transforming SV. In the absence of local ownership and interest, an effort by an outsider to bring about change can only have short-term results with the momentum ending once the outsider leaves.
... In the case of peacebuilding such an agent directs their efforts towards disrupting the hegemony that perpetuates socioeconomic inequality. Social entrepreneurs focus on the social return of investment rather than the economic profit of the enterprise they are running (Baporikar, 2016;Musarurwa, 2014). They are able channel their energy on amplifying the operations that are multiplying the social value they are creating. ...
The overall aim of this paper is to lay the foundation for exploring the potential of youth peacebuilding mechanisms as tools to promote sustainable peace. The fact that most peacebuilding efforts have historically focused on postwar situations can lead to theconclusions that peace is the absence of war. However, peace is more than just the absence of direct violence or war. Such a state is merely negative peace. There is a clear link between structural violence, social injustice, social inequality and negative peace. With youth being the most affected by these it is relevant to identify conflict transformation mechanisms that are appropriate to young people's livelihoods and activities. Conflict transformation involves action between parties that leads to both social change and justice. Therefore, relevant conflict transformation mechanisms must address structural violence and social inequality in order to stop countries from sliding into direct violence. Social entrepreneurship can be one suchmechanism in non-violent countries that are living under conditions of structural violence and socioeconomic inequalities. The future direction that peacebuilding can take involves the adoption of social entrepreneurship as a tool that addresses the challenges faced by youth who are at risk of perpetrating violence.
