Consumer debt has reached record highs amid an economy that, on the surface of things, looks more robust than at any point since the Great Recession. Unemployment is at historic lows, and wages are up, leading to many optimistic interpretations of current debt trends. Yet signs continue to point to the fragility of many families’ finances. Costs of healthcare, housing, and food have all risen faster than increases in income. Debt in collections appears on one-third of all consumer credit reports.
Small Change founder Eve Picker wants everyone to be able to invest in urban renewal — and reap the rewards.
Throughout 2018, we will be celebrating today’s new class of reinventors, inspiring people who defy convention while redefining their impact on our world. From city planners to philanthropic entrepreneurs, artists and more, we are spotlighting interesting people doing amazing acts of reinvention.
When Common Impact’s clients ask me what events they should attend to understand the next generation of CSR, employee engagement and for-purpose business, I always point them to the Shared Value Initiative (SVI). SVI held its annual summit this past week in the (finally sunny!) downtown NYC, where hundreds of business, investment and social sector professionals met to hear and discuss the latest in driving a social, environmental and
Annual Prosperity Campaign raises $3 million for microcredit
Whole Foods Market shoppers, employees and supplier partners raised $3,093,993 during the Whole Planet Foundation 2018 Prosperity Campaign in March. One hundred percent of these funds will be disbursed to microfinance partners around the globe to alleviate poverty for the world's poorest people - mostly women - through microcredit loans. Given the average first loan size of $182 across 71 countries where the grocer trades, these funds will support 93,800 people - microentrepreneurs and their family members - with the opportunity for a better life.
The Financial Clinic will scale its rigorously evaluated financial coaching model to benefit jobseekers nationwide
Brooklyn, NY, April 11, 2018 /3BL Media/ -- The Financial Clinic (the Clinic) announced today the launch of WorkBOOST National, a three-year initiative that will bring financial security approaches to scale, made possible by a $2.5 million grant from MetLife Foundation.
Export Development Canada (EDC) is a credit agency, offering innovative financing, insurance, and risk management solutions to help Canadian exporters and investors expand their international business. We spoke to Louise Millette, Project Coordinator, Corporate Responsibility at EDC, about how important the triple bottom line is for financial institutions like EDC.