Reality check: Did you know 2.5 billion adults globally have no access to formal financial services like checking and savings accounts? The truth is that people all over the world lack this access because they don’t know about it, can’t afford it, or because it simply isn’t offered to everyone.
It’s a hard thing to fathom when modern day conveniences like virtual wallets are be-coming a greater part of our everyday lives, and depositing checks is as simple as a mere snap on our camera phones. But this sobering fact brings to light that the people who need financial resources are the most disconnected from the support they need to thrive.
What if we could tap into the potential of communities at the grassroots level to come up with solutions that will lead to promising financial futures for all? CO-OP and Master-Card have teamed up to launch
A Financial Empowerment Challenge on OpenIDEO to put power into the hands of the financially underserved. The challenge invites you to create solutions by answering the question: How might we use the power of communities to financially empower those who need it most?
We know you have some brilliant ideas brewing in your head, and here’s your oppor-tunity to make a positive impact in society. By participating in the challenge, you can gain access to networking, mentoring, skills-matching, and design support to turn your vision into a reality. You’ll also be in the running for the THINK Prize, which will be awarded to the IDEO community’s top ideas. Click here to check out the video and learn more about how you can make a difference in the lives of others.
The ability for communities to thrive depends on the wellbeing of their members, and financial stability is at the core of their potential. By breaking down some of these finan-cial barriers, we can increase social mobility and improve the community at large. If we pool our resources, we can accomplish so much more. The possibilities are endless, real-ly. With the right tools and support, there’s nothing that can stop you. So what are you waiting for? Get started by visiting OpenIDEO now!