UN SDG #1 No Poverty UN SDG #1
UN SDG #8 Decent Work and Economic Growth UN SDG #8

challenge

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Micro-loans and Financial Literacy for a displaced workforce

This challenge and associated ideas relate to empowering people in poverty by providing investment opportunities for those seeking support in their small businesses or freelancing solo entrepreneur. As more and more jobs are displaced by automation and by the seismic shift in employment caused by COVID-19, we are evaluating ideas to empower people to reach economic independence

challenge

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Micro-loans and Financial Literacy for a displaced workforce

This challenge and associated ideas relate to empowering people in poverty by providing investment opportunities for those seeking support in their small businesses or freelancing solo entrepreneur. As more and more jobs are displaced by automation and by the seismic shift in employment caused by COVID-19, we are evaluating ideas to empower people to reach economic independence
17.8M
people impacted
$281.6B
potential funding
the problem
Nature and Context

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the impact
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Economic Impact
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who benefits from solving this problem
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financial insights
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ideas
Ideas Description

An online app can provide an aggregation of sources of financial literacy, non predatory loan services, aggregation of programs and benefits and tools to address a gal in skills to become members of a digital freelancing economy or getting retrained to address the problem caused by job displacement.

Ideas Value Proposition
Ideas Sustainability
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