Viewpoints: For the 63 million unbanked and underbanked people in the U.S., the cost of living in the financial shadows is tremendous and further compounded by the COVID-19 pandemic, writes José A. Quiñonez, founder of Mission Asset Fund.
I was born in Mexico and came to the U.S. as a young boy. We were undocumented and could only work odd jobs at the local flea market to make ends meet. For many years, we lived in the shadows of society, afraid of being caught, detained, and deported. This fear permeated every aspect of our lives until 1986, when President Ronald Reagan signed an amnesty bill granting immigrants like us permission to come out in the full light of day.
Every quarter Whole Planet Foundation aggregates field metrics from our microfinance partners who are disbursing and collecting microcredit loans to low-income entrepreneurs living in countries where Whole Foods Market sources products.
by J.P. Kloninger, Whole Planet Foundation North America Program Manager
The Merriam-Webster dictionary defines poverty as “the state of one who lacks a usual or socially acceptable amount of money or material possessions.” However, what is “usual” or “socially acceptable” can vary quite a bit from one person, family, or community to the next, and certainly from one country to the next. We are thus compelled to use some sort of criteria or thresholds, formally or informally, to help us define poverty as it exists in different contexts.
Company discusses replicable solutions and its Betterment Harvest division
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FISHERS, Ind., July 30, 2020 /3BL Media/ - Land Betterment Corporation (“Land Betterment” or the “Company”), an environmental solutions company fostering positive impact through upcycling former coal mining sites to create sustainable community development and job creation, is proud to release Episode 9 of its Impact Minute video blog. The impact Minute is a weekly, short video series where members of the Company’s management team discuss entrepreneurship and creating sustainable business that aim to address environmental and social issues. In this episode, Mark LaVerghetta, Chief Governa
Brooksource is a proud event sponsor of the Whole Planet Foundation Virtual 5K that raised $63,000 to alleviate poverty around the globe. On June 27, 2020, fifteen hundred participants joined Whole Planet Foundation’s Power Your Purpose Virtual 5K to run, walk, bike or move for microcredit. Registration fees, donations and sponsorships from this online event will fund more than 360 microcredit loans through Whole Planet Foundation, creating 1,900 opportu
FlexPrint and several of their employees proudly supported and participated in Whole Planet Foundation’s “Power Your Purpose Virtual 5K Run” on Saturday, June 27, 2020. Pivoting from a physical 5K Run in Austin, Texas to an online event due to COVID-19 meant joining Whole Planet Foundation virtually from a safe distance to alleviate poverty through microcredit around the globe.
BanQu is the world’s first non-cryptocurrency blockchain app to help the world’s poorest people establish a verifiable economic identity. By Sarah Murray
AB InBev’s technology partner is BanQu, a blockchain software company seeking solutions to extreme poverty. It is doing this in two ways: empowering the world’s poorest people by giving them a verifiable economic identity; and selling a software service to global brands looking to cut supply chain costs, reduce post-harvest loss, and improve their social and environmental performance at a time when more consumers want to buy green and ethical products.
The initiative aims to unlock resources for innovative startups providing low-income households and businesses with financial tools that can help them support their livelihoods and build financial resilience.
Washington DC, June 15, 2020 /3BL Media/ – A group of global organizations driving innovation and investment in financial services for low-income populations announced the launch of the 2020 Inclusive Fintech 50 application period. In its second year, the initiative will identify a cohort of 50 high-potential, early-stage, and innovative fintech startups driving financial inclusion and resilience for the 3 billion financially underserved people worldwide.