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The organized labor movement has a new ally: venture capitalists

Sam Dean

August 12, 2022 |

Los Angeles Times |

Text |

800-1500 Words

Response Location: United States, Los Angeles, California

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.

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Solar power opens the door to banking for rural Indians

Moushumi Basu

August 03, 2022 |

Context |

Text |

800-1500 Words

Response Location: India, Maharashtra

In Aitawade Budruk the switch to solar power is not just reducing carbon emissions but addressing issues of frequent power cuts and lack of internet connectivity faced by the local bank. As a result, the bank has opened new accounts at a much higher rate than before, and communities have been able to properly access government financial services for the first time.

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Limited access to financial services pushes informal business owners to embrace classical saving schemes

Ndabarasa Eugene

August 01, 2022 |

Royal FM |

Text |

800-1500 Words

Response Location: Rwanda, Kigali

Savings groups called Tontines gather members engaged in informal business, like street merchants, to access financing through peer-to-peer banking and lending. Tontines allow lower-income individuals who typically fail to qualify for bank loans to access financial services and learn to save and manage their money.

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

Colbie Edmonds

July 21, 2022 |

Dallas Morning News |

Text |

800-1500 Words

Response Location: United States, Dallas, Texas

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.

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This deposit-free apartment plan could be life-changing for Philly renters

Jill Harkins

July 18, 2022 |

The Philadelphia Citizen |

Text |

800-1500 Words

Response Location: United States, Philadelphia, Pennsylvania

Rhino is a startup that partners with property owners to offer renters the option of paying the company a monthly fee instead of an upfront deposit. In exchange, Rhino insures the apartment against wear and tear damages. There is no approval process, Rhino covers anyone that a property owner approves to rent, but the renter’s employment status and credit score determine their monthly premium, which can be as little as $5 for a monthly rent of $1,000.

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The new labor market: No bachelor's required?

Lawrence Lanahan

July 08, 2022 |

The Hechinger Report |

Text |

1500-3000 Words

Response Location: United States

Employers across the United States are dropping the bachelor’s degree requirement from job listings, but workers need an alternative way to build necessary skills. The nonprofit Social Finance helps workers take time for skills training with financial aid for things like child care, rent, and transportation.

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Farmers are trying new water-saving tech in Utah's drought

Ben Winslow

July 07, 2022 |

KSTU-TV |

Broadcast TV News |

3-5 Minutes

Response Location: United States, Tremonton, Utah

Farmers are upgrading to automated irrigation systems with 50-50 matching grants from the Utah Department of Agriculture. The systems save farmers’ time and water.

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A Cottage Industry Quietly Rises, Lifted by South Sudan's Often Ignored Women

Richard Sultan

June 30, 2022 |

TIME of the World |

Text |

800-1500 Words

Response Location: South Sudan

A network of Sudanese women is pooling resources to create a successful market. The Women's Empowerment Initiative has provided funds, training, and the connections to create economic opportunities for the entrepreneurs.

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How cash transfer beneficiaries build wealth in Kwara

Usman Aliyu

June 15, 2022 |

The Nation (Nigeria) |

Text |

1500-3000 Words

Response Location: Nigeria, Kwara

A guaranteed income program in Nigerian is helping recipients build businesses, expand existing ones, and build equity.

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Chain reaction: How an intervention led to women helping women in Wassa IDP Camp

Lama Queen Godoz

June 13, 2022 |

International Centre for Investigative Reporting |

Text |

800-1500 Words

Response Location: Nigeria, Abuja

Grants for women living in refugee camps have helped recipients start businesses and learn new skills, allowing them to improve their quality of life. Additionally, the women created an informal cooperative and take turns investing a percentage of proceeds from each successful business into another member’s business.

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