NAMIBIA YOUTH CREDIT
SCHEME (NYCS)
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Empowering the Youth, Securing the Future
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Programme Document :
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2007---2012
NYSC Programme Secretariat
 Ministry of Youth
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Introduction
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NYCS stands for Namibia Youth Credit Scheme
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It is a youth empowerment programme through
enterprise development
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It is the follow-up phase of CYCI pilot phase that was
implemented in 4 regions of central northern Namibia
It targets committed out of school youth
Programme Duration --5 years
Budget: N$ 40,000,000.
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Features of the programme
The target beneficiaries are youth (18-35 years)
 Operations through the group lending methodology
 Training in basic business management
 Provision of credit.
 Follow-up training, counseling and mentoring.
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Access to other products after graduating from the initial package
What makes NYCS/ CYCI a good model?
This is an integrated business development
model that targets committed out of
school youth and prepares them to start
and grow their own enterprises with the
objectives of generating incomes, creating
employment opportunities and
contributing to the alleviation of poverty.
Development Goals of NYSC
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To increase the participation of the youth in the country’s
economic affairs.
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To promote entrepreneurship among youth through
structured and integrated support.
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To increase access to business support services (training,
counseling, mentoring)
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To increase access to financial services among the poor
Justification of NYCS
High levels of unemployment, particularly
among youth (+43.2%)
 Demonstration of CYCI as an effective tool
through the pilot phase
 Support systems for small enterprise
development
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Adaptations from the pilot phase
Use of the market to identify implementing agencies
 Training to be enhanced to include follow-up and
mentoring
 Loan fund to be coordinated by programme secretariat
 Higher partnership with programmes seeking similar
outcomes
 Stronger role of the Management Advisory Board
 Support and approval by the Cabinet for replication to
all 13 Regions.
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Objectives of NYSC
To create 13,000 jobs
 To provide basic business management skills to 5,000.
(4750)
 To establish 5,000 sustainable enterprises. (398)
 To build the capacity 200 village banks (180)
 To build the capacity of five youth support organizations
into Micro Finance Institutions. (Already five)
 To establish a revolving loan fund of N$ 15,000,000
(+1,500,000.00) (4,000,000)
 To mobilize savings of N$ 10,000,000. (2,500,000)
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Institutional Framework
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Lead agency…MYNSSC…to articulate policy and
mobilize programme resources.
Management Advisory Board.
Implementing agencies
Training Service Providers
Regional Centers
Programme Secretariat
Youth
Components of NYSC
Loan Fund
 Training (including mentoring)
 Capacity building and coordination
 Consultancies, Studies and Technical
Assistance
 Monitoring and Evaluation
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LOAN FUND
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To be coordinated by the Management Advisory
Board
Core product to be the CYCI…training with
three loans
Fourth loan for growingProducts to be
devebusinesses N$ 50,000 U$ 6,500
Revolving loan fund to be coordinated by
programme secretariat, reporting to MAB
Target repayment rate..95%
TRAINING (Youth)
Include basic business management
training, follow-up training and mentoring
for youth
 Continuous material up-grading and
adaptation.
 Targeting 5000 youth
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Capacity Building and Coordination
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Includes strengthening the institutional
framework.
Training, exposure, working tools to:
MAB
Secretariat
Implementing agencies
Youth Officers
Consultancies, Studies and Technical
Assistance
To support implementing agencies through
ongoing advisory support
 To gather data or analyze specific issues
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To assess capacity of potential implementing
agencies
 To undertake market research and develop new
products or refine old ones.
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Monitoring of the programme
MAB, in policy making, visit the beneficiaries, and do
assessment of implementing agencies .
 Secretariat, staffs visits implementing agencies and
beneficiaries.
 Quarterly report from the implementing agencies on
activities carried out before a fund is disbursed to them
 Youth Centers, the youth officers monitor the
beneficiaries on regular basis for progress report and
for business advices.
 Implementing Agencies are directly involved with the
beneficiaries and they translate the programme
policies/strategies and estimated programme
output/outcome to the last beneficiaries.
 Parents/ Village Head and Constitution Concillers are
invited mostly to the loan fund disbursement ceremony.
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Evaluation of the programme
. The target and the progress is considered and
the lesson learnt will be incorporated during
further implementation of the programme
. All stakeholders forum annually for progress
report
. MTR is carried out to ascertain the progress of
the programme.This was done during the pilot
phase and is currently one on going.
5 Year budgets the components
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Loan Fund: N$ 17,200,000
Training (incl. ment.): N$ 8,489,000
Capacity building: N$ 3,456,000
Consult., Stud. and TA: $ 3,410,000
Mon. and Evaluation: N$ 2,800,000
Analyses of Benefits
The economic value of :
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13,000 jobs
Revolving loan fund of N$ 15,000,000
Savings mobilized of N$ 10,000,000
5,000 sustainable enterprises
Capacity building of 200 village banks
Capacity of 5 MFIs
Exceed the programme cost of N$ 40,000,000.
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The programme funds mobilized stands at N$26,000,000 having a
difference of N$14,000,000 =N$2,000,000
Programme Assumptions
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the current environment of political stability and peace will be
maintained
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the programme after the Mid Term Reviwe to be complited by June
2011 to become a Micro Finance Institution with the support of the
Government,
the programme will continue to enjoy Government support and
backing,
Social Security Commission will continue its relationship with the
NYCS
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the business environment will continue to be favorable, and current
policy initiatives in support of SME development will continue.
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the current institutional set-up, including the MAB, will be maintained .
Supporting our youth
(adding value to natural resource base)
Supporting our youth
(adding value to natural resource base)
Supporting Youth
(enhancing their hopes)
Supporting Youth
(enhancing their hopes)
Supporting Youth
(enhancing their hopes)
Supporting Youth
(improving livelihoods)
Supporting Youth
(improving livelihoods)
Supporting youth (improving
livelihood) Oshakati
Youth improving livelihood
Secretariat visit to beneficiaries
Supporting Youth
(improving livelihoods)
Programme Funding
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Pilot Phase was funded through a tripartite
partnership involving SSC, CYP and the Ministry
of Youth.
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The main phase counts on partnership building,
to todate SSC and the GRN through the
MYNSSC has pledged for financially support of
the programme. Proposals are also send to a
number of Institutions for possible funding.