Artwork stating 'Education Destroys Barriers', 'We Demand Treatment', and 'I Need A Chance'

Search Results

You searched for: -

There are 113 results  for your search.  View and Refine Your Search Terms

  • Fewer Illinois residents using payday lenders after state capped interest rates

    The Predatory Loan Prevention Act caps loan interest rates at 36%, including all fees. Before the Act passed, rates were extremely high, including 297% for payday loans and 178% for auto-title loans. The Illinois Legislative Black Caucus pushed for the Act to pass in an effort to close the racial wealth gap and address socioeconomic disparities, as these high-interest rates historically affected minority groups.

    Read More

  • The Black Immigrant Women Who Bought a Minneapolis Mall

    Ignite Business Women Investment Group and the nonprofit African Career, Education & Resources Inc. (ACER) are working together to raise funds to collectively acquire commercial real estate for members of the group and other small businesses — particularly those owned by African immigrants — in the community. Joint efforts allowed members to acquire and revitalize an old strip mall, providing retail space for local small business owners.

    Read More

  • How Nigeria's $428 million ICT backbone project is enabling rural financial inclusion

    The Nigeria National Information and Communication Technology Infrastructure Backbone (NICTIB) Project is increasing rural financial inclusion and addressing the digital divide by funding projects that make it easier for telecommunications companies to expand their connectivity to rural communities, allowing locals to access digital banking services.

    Read More

  • Local Social Impact Investors Are Pulling Chicago Out Of Junk Bond Status

    The city of Chicago is offering municipal bond investors — specifically those interested in ESG investing — opportunities to fund social projects like planting 15,000 trees in historically disinvested neighborhoods over the next three years, converting motels and single-room buildings into housing for people transitioning out of homelessness and replacing the city’s gas-powered vehicles with electric.

    Read More

  • Businesses face more and more pressure from investors to act on climate change

    Every year, investors who are shareholders in publicly-traded companies have the chance to vote on proposals that shape the way the companies address issues like climate change. Whether or not they pass, climate-related proposals send a clear message about the problems activist investors want to see addressed which can spur action.

    Read More

  • Banks For The People

    Public banks are owned and run by governments, and because they store money for the state instead of individuals, they can invest back into the communities they serve instead of extracting from them in the chase for profits.

    Read More

  • A Mobile Bank On Wheels Reaches Bronx Residents Where They Are

    A coalition of community organizations in the Bronx created a mobile bank with the New York City credit union to combat the lack of access to financial institutions. The bank on wheels travels around the borough to provide services and do outreach.

    Read More

  • Silicon Valley Discovers an Age-Old Child Care Hack: The Neighbors

    Otter connects those in need of childcare with nearby stay-at-home parents who can provide it. The business has gathered millions in investments to continue its growth and, since its start in 2020, has relaunched in San Francisco serving about 250 parents with about 12,000 on standby waiting for Otter to become available in their area.

    Read More

  • The organized labor movement has a new ally: venture capitalists

    Unit of Work, an organization backed by venture capital, helps unions organize and win contracts. Organizers provide free consulting to groups of workers forming unions within their own workplaces. Once a contract is in place, members of the new union can decide to pay Unit of Work a monthly fee — like traditional union dues — to keep providing support.

    Read More

  • Banking on wheels: PNC to bring mobile services to underserved D-FW communities

    PNC Bank is bringing a mobile branch to communities that don’t have sufficient access to banking. The RV-like unit is outfitted to be a functional banking service and was custom-built for this initiative. Services can be provided in English and Spanish and the goal of the mobile unit is to empower and educate users about what banking resources are available to them.

    Read More