Economic Empowerment CSR News

Two Latin American Startups Are Selected to Receive Grants at Village Capital Financial Health Accelerator

Monetus and ArriendoAsegurado were ranked “most investment-ready” by peer entrepreneurs and will each receive grants of USD $50,000 from MetLife Foundation, in an accelerator also supported globally by PayPal, and regionally by Moody’s Corporation
Press Release

MEXICO CITY, October 17, 2019 /3BL Media/— Village Capital announced today that two financial health startups, Monetus and ArriendoAsegurado, were selected by their peers as “most investment-ready” at the conclusion of Finance Forward: Latin America 2019, an accelerator to support financial health startups in Latin America.

SunTrust Foundation Awards $500,000 Grant to National Foundation for Credit Counseling

Support expands financial counseling pilot program for Hispanic community
Press Release

ATLANTA, October 7, 2019 /3BL Media/— The SunTrust Foundation has awarded a $500,000 grant to the National Foundation for Credit Counseling® (NFCC), doubling its initial commitment to the organization in 2018, to support a large-scale program for improving the financial wellness of Hispanic and Latino families. The grant will allow the NFCC to expand its services for Hispanic/Latino consumers beyond its original scope of Florida, Georgia, North Carolina and the Houston, Texas, metropolitan area to include all of Texas and Ohio. 

Whole Planet Foundation Launches Annual Poverty Is Unnecessary Project

Partners commit $275,000 to alleviate global poverty through microcredit
Blog

This October, Whole Planet Foundation celebrates its global impact on poverty and the partners who further its mission.

Financial Literacy and Support - Aligning Community Impact With the Sustainable Development Goals

Blog

Financial stability for individuals and families is a key factor underpinning achievement of many of the Sustainable Development Goals including SDGs 1, 2, 3, 4, 5, 6, 7, 8 and 10.

For those living without financial stability, the absence of the essential habits to get on the path to financial stability can be the biggest barrier to success. The road to financial empowerment includes personal financial skills development through example and experience.

Moody’s Ari Lehavi Speaks on Lending to Small Business Owners

Article

Ari Lehavi, Executive Director at Moody’s Analytics, spoke on a panel at Aspen Network of Developing Entrepreneurs’ (ANDE’s) annual conference in September, on ways to support small and growing businesses in emerging markets.

ANDE’s conferences and convenings bring together investors, capacity development providers, foundations, banks, corporations, DFIs and research institutions focused on helping small and growing businesses.

Domestic Violence Survivors Step Forward to Spur Public Action

New Allstate Foundation video series shines light on signs of financial abuse ahead of National Domestic Violence Awareness Month
Press Release

NORTHBROOK, Ill., Sept. 26, 2019 /3BL Media/– Terera[i] was two months pregnant before she realized she was being financially abused.

She was the one who paid the bills, but her husband would often physically block her from going to work. When she had the baby early and took a longer-than-expected maternity leave, she was forced to use her retirement savings to pay the family’s rent. With her husband unwilling to get a job, she had to apply for public assistance. But even then, her husband withheld critical information Terera needed to get financial help.

Wells Fargo Donates $600,000 for Revitalization Efforts in Los Angeles County

Los Angeles NeighborhoodLIFT® program awards local initiative grants to nonprofits serving the local community
Press Release

LOS ANGELES, September 13, 2019 /3BL Media/ – Wells Fargo & Company (NYSE: WFC) today announced $600,000 in donations to local nonprofits to support housing, education and neighborhood revitalization for Los Angeles residents.

Wells Fargo Donates $400,000 for Housing and Revitalization Efforts in Sacramento

Sacramento NeighborhoodLIFT® program awards grants to five nonprofits serving the local community
Press Release

SACRAMENTO, Calif., September 9, 2019 /3BL Media/ – Wells Fargo & Company (NYSE: WFC) today announced $400,000 in donations to five local nonprofits to support housing and neighborhood revitalization for Sacramento residents.

Homeownership in Dallas-Fort Worth to Get $6.6 Million Boost

NeighborhoodLIFT® offers homebuyers $15,000 grants for home down payments in the city of Dallas and Tarrant County; additional benefits for veterans, military, teachers and first responders
Press Release

DALLAS-FORT WORTH, Texas, August 28, 2019 /3BL Media/ – Wells Fargo & Company (NYSE:WFC), NeighborWorks® America and its network member Business & Community Lenders (BCL) of Texas today announced the NeighborhoodLIFT® program will expand to the Dallas-Fort Worth area to boost local homeownership.

Wells Fargo Donates $300,000 to Greater Orlando for Revitalization Efforts

NeighborhoodLIFT® program awards local initiative grants to four nonprofits, three grants to support the Parramore community
Press Release

ORLANDO, Fla., September 25, 2019 /3BL Media/ – Wells Fargo & Company (NYSE: WFC) today announced $300,000 in donations to four local nonprofits that will help revitalize Orlando neighborhoods through the Wells Fargo NeighborhoodLIFT® program. Three of the grants will focus on strengthening the Parramore neighborhood, and the fourth grant will support affordable housing initiatives in Kissimmee.

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