“Microfinance has always been a high-touch business, with personal contact playing an indispensable role in the delivery of financial services for low-income clients. Human relationships and values like trust and empathy are crucial in determining whether a microfinance institution (MFI) will be able to grow and remain sustainable.
NeighborhoodLIFT® program will offer $20,000 down payment assistance grants and homebuyer education for eligible Sacramento County and West Sacramento residents; special parameters for veterans, military, teachers and first responders
SACRAMENTO, Calif., May 1, 2019 /3BL Media/– Wells Fargo & Company (NYSE:WFC), NeighborWorks® America and its local network member, NeighborWorks HomeOwnership Center Sacramento Region, today announced an additional $6 million donation by Wells Fargo to boost homeownership through the NeighborhoodLIFT® program for Sacramento County and the city of West Sacramento.
– PART OF WHAT MAKES THE U.S. FINANCIAL HEALTH PULSE ENDEAVOR SO ROBUST is that each report will examine four pillars of financial health: saving, spending, borrowing and planning. “It’s similar to evaluating physical health,” says Evelyn Stark, the assistant vice president of financial health for MetLife Foundation, founding sponsor of CFSI’s financial health work. “You can’t just look at a single factor like blood pressure or cholesterol. You need to look at a range of financial measures and say, ‘What do these tell us about the collective whole?’”
April 17, 2019 /3BL Media/ — Historically, financial institutions in the United States have not served people of color effectively or fairly. Even today, people of color have less access to credit, pay higher interest rates for loans, and are less likely to receive venture capital funding as compared to their White counterparts. Serving these markets effectively is not only a moral imperative, but also an economic opportunity to enhance a company’s bottom line.
April 4, 2019 --Scotiabank’s 2018 Sustainable Business Report is now available online, and includes the Bank’s new strategy on Sustainable Business focusing on four core priorities where the Bank can help make the biggest impact: Trust, Climate Change, Economic Inclusion and Young People.
TriplePundit Flash: Yes, Smaller Brands Can Help End Global Poverty
In the global fight against poverty, a quiet revolution in corporate giving has been bubbling under the surface. Smaller brands are finding that a relatively modest amount of money can make help transform the lives of women and their families. One important strategy is to focus microloans on women, who are both more likely to be impoverished; the result is that creative means of financing can make a significant difference in women’s families and their communities.