Your Mark On The World

Episode 60: New Company Helps Low-Wealth Families Start Investing For Free

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Synopsis

July 3, 2014 - Read the full Forbes article and watch the interview here: http://onforb.es/1jLm9tt. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. Recently, I profiled the SOURCE partnership among Village Capital, the Hitachi Foundation and Investor’s Circle. SOURCE, Solutions from Our Country’s Entrepreneurs seeks to stimulate social entrepreneurship through a competitive process that provides seed capital to curated and cultivated mission-driven ventures. The first cohort is focused on financial services for low wealth populations and two companies have been chosen. The top two are WiseBanyan, a service to help people begin investing with no fee and as little as $10, and eMoneyPool, a platform to facilitate pooling money to foster savings as an alternative to payday loans. More about Village Capital: Village Capital builds enterprises that solve the world’s most pressing problems through a unique peer invest