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  • How Artificial Intelligence Could Democratize Financial Services In Asia

    July 03, 2017 |

    Forbes |

    Text |

    800-1500 Words

    Response Location: Pakistan, Lahore

    The rapid evolution of technology is continually opening new doors for how microfinance projects can be implemented, improved, and scaled. The team at ADDO A.I. sees artificial intelligence as the catalyst for both microfinance and microinsurance in the emerging markets of Asia. A.I. reduces the need for human assessments, facilitating faster pay-outs and reduced losses through predictive data, while combining information such as financial histories and social media activity with historic context data to create fair, realistic risk assessments that lead to improved credit products.

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  • How to Keep Businesses (and Small Towns) Alive When Owners Retire

    March 29, 2017 |

    Yes! Magazine |

    Text |

    800-1500 Words

    Response Location: United States, Concordia, Kansas

    RedTire, short for Redefine Your Retirement, is helping small businesses stay afloat by facilitating transitions in business ownership and acting as a non-profit business broker. The service helps rural communities thrive since small businesses are essential to the vitality of small towns. In its five year history, RedTire has brokered sales that collectively total over $22 million.

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  • A Surprising Path Out of Domestic Abuse: Entrepreneurship

    March 28, 2017 |

    The Story Exchange |

    Text |

    1500-3000 Words

    Response Location: United States

    Women are often stuck in an abusive relationship due to poor financial situations. Programs are beginning to help abused women by giving them support and helping them become entrepreneurs in order to become financially independent.

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  • Small Town, Big Success With Reentry Program

    March 06, 2017 |

    Next City |

    Text |

    Under 800 Words

    Response Location: United States, New Castle, Pennsylvania

    Jail-to-Jobs, a program with one employee, has helped more than 260 formerly incarcerated people find full-time jobs. Created by a district attorney who saw former felons struggling to be considered for openings, the program links local companies with insurance and support in order to promote hiring.

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  • Can the Graduation Approach Help to End Extreme Poverty?

    February 07, 2017 |

    Yale Insights |

    Multi-Media |

    1500-3000 Words

    Response Location: Bangladesh, Dhaka

    BRAC, the largest NGO in the world and one of the leaders in microfinance as an approach to combating poverty, discovered that despite its successes, microcredit did not always reach what are called the Ultra-Poor in effective, sustainable ways. So they formed partnerships and launched a new, comprehensive initiative that involves consumption support, technical and financial literacy training, and asset management to create a pathway to prosperity called the "graduation approach."

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  • An earthquake worse than the ‘Big One'? Shattered New Zealand city shows danger of Seattle's fault

    December 02, 2016 |

    The Seattle Times |

    Multi-Media |

    Over 3000 Words

    Response Location: New Zealand, Christchurch

    Seattle doesn’t need to experience a major earthquake to predict and prepare for its effects. The comparable city of Christchurch, New Zealand, was hit with a big one in 2011. Buildings collapsed. 185 people died. A key factor in the devastation? Unreinforced brick, something that Seattle lawmakers haven’t successfully addressed either.

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  • Teaching Teens Financial Literacy

    November 09, 2016 |

    Jackson Free Press |

    Text |

    800-1500 Words

    Response Location: United States, Jackson, Mississippi

    Students at Provine High School will soon be able to open up accounts with Hope Credit Union, right in their own hallway. The partnership is helping students realize that having a relationship with a financial institution can create a more stable financial future, breaking the cycle of poverty.

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  • When parents of people with disabilities reach the breaking point

    October 05, 2016 |

    Daily Herald |

    Text |

    1500-3000 Words

    Response Location: United States, Lisle, Illinois

    Part 1 of the Caregivers Crisis series: As parents of adults with disabilities face their own struggles with aging, health, and mobility they often find themselves at the frayed end of their resources. The Parent Support Project brings these parents together to provide counseling, information on resources, financial counseling, moral support, and renewed energy to keep moving forward with their lives.

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  • CDFIs Can Help Native Populations Moving to Cities

    September 19, 2016 |

    Next City |

    Text |

    800-1500 Words

    Response Location: United States, Rapid City, South Dakota

    In Rapid City, South Dakota, talking about money is taboo among Native American families. To help improve their financial situations Black Hills Community Loan Fund offers financial literacy classes. The organization is in the process to be certified as a Native CDFI, a program that will help expand their impact.

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  • Pulling Hispanic Immigrants Out of the World of Check Cash Stores

    August 03, 2016 |

    Next City |

    Text |

    800-1500 Words

    Response Location: United States, Boyle Heights, California

    Although the Hispanic population accounts for about 20% of the U.S. population, many of those communities are still under- or un-banked. To overcome this issue, local credit unions are adapting the way they are reaching this population by using more word of mouth and leveraging local organizations which have gained Hispanic trust, as well as using identification information this population can provide.

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