ADVISORY, March 15, 2013 (GLOBE NEWSWIRE) --
Child & Youth Finance International, which is leading a collaborative, global movement to increase financial access and financial education for children and youth, will visit the NASDAQ MarketSite in Times Square.
In honor of the occasion, Jeroo Billimoria, Managing director of Child and Youth Finance International, and Mr. Marc Bichler, Executive Secretary of the United Nations Capital Development Fund (UNCDF) will ring the Opening Bell.
NASDAQ MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio
Monday, March 18, 2013 – 9:15 a.m. to 9:30 a.m. ET
Fiber Line (Encompass Waterfront): 4463
Gal 3C/06C 95.05 degrees West
18 mhz Lower
DL 3811 Vertical
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About Child & Youth Finance International:
Child and Youth Finance International (CYFI), is leading a global movement with over 100 partners in over 80 countries to ensure that all children and youth understand money, learn to save, build their self-confidence and further the economic rights, skills and opportunities for all children and youth. Partners include financial regulatory authorities, UN bodies, financial intuitions and networks, NGOs and education service providers, foundations, academics, technology providers and other leading organizations. Having reached its first 18 million children through its network, the Movement is moving towards reaching its first goal of 100 million children in 100 countries by 2015.
CYFI builds on the strengths of its global network partners as well as on the success of its founder, Jeroo Billimoria, also founder of Childline India and ChildHelpline International. These organizations have facilitated a global movement for children's protection and are up and running in more than 120 countries – having responded to over 160 million calls. Both CYFI and Jeroo's other organization, Aflatoun, have been recognized among the world's top 100 NGOs and is providing social and financial education to over 1 million children in 83 countries.
Child and Youth Finance International was established as a non-profit organization in the Netherlands in July 2011. For more information about CYFI, visit http://www.childfinanceinternational.com *Please follow CYFI on Facebook (http://www.facebook.com/#!/childfinance) and Twitter (http://www.twitter.com/childfinance).
About United Nations Capital Development Fund
UNCDF is the UN's capital investment agency for the world's 49 least developed countries. It creates new opportunities for poor people and their small businesses by increasing access to microfinance and investment capital.
UNCDF focuses on Africa and the poorest countries of Asia, with a special commitment to countries emerging from conflict or crisis. It provides seed capital – grants and loans – and technical support to help microfinance institutions reach more poor households and small businesses, and local governments finance the capital investments – water systems, feeder roads, schools, irrigation schemes – that will improve poor peoples' lives.
UNCDF works to enlarge peoples' choices: it believes that poor people and communities should take decisions about their own development. Its programmes help to empower women – over 50% of the clients of UNCDF-supported microfinance institutions are women – and its expertise in microfinance and local development is shaping new responses to food insecurity, climate change and other challenges. All UNCDF support is provided via national systems, in accordance with the Paris Principles. UNCDF works in challenging environments – remote rural areas, countries emerging from conflict – and paves the way for others to follow. Its programmes are designed to catalyze larger investment flows from the private sector, development partners and national governments, for significant impact on the Millennium Development Goals, especially Goal 1: Eradicate Extreme Poverty and Hunger, Goal 3: Promote Gender Equality and Empower Women, and Goal 7: Ensure Environmental Sustainability.
Established by the General Assembly in 1966 and with headquarters in New York, UNCDF is an autonomous UN organization affiliated with UNDP.
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