Inequality and Employment
In our series on presenting the most exciting companies solving the world’s biggest problems, we are now presenting companies that provide solutions to Inequality & Employment.
Branch is a for-profit socially conscious company based in San Francisco, Nairobi, Lagos and Mumbai. We use technology to dramatically reduce the cost of delivering financial services in emerging markets. Our first product is credit. Branch is like a bank in your pocket, there for you at all times.
Branch for Business
Over 75% of Branch customers use their loan to start or grow a business. Join customers like Samuel and take your goals to the next level.
- Lease to own
Our back-end platform and proprietary vetting process let us finance previously unbanked families. Customers make a deposit and self-install their system.
They want to deliver world-class financial services to the mobile generation.Life moves faster than the pace of bank queues. Your smartphone is making the world a smaller place—and a faster one.
Commitment to Privacy and Security
Branch eliminates the challenges of getting a loan by using the data on your phone to create a credit score. We encrypt the data you choose to share with us to protect your privacy. We do not share your information with third parties.
Vision & Values
Fenix’s mission is to transform the quality of life of our customers through disruptive innovation in energy and financial services.
In pursuit of our mission, we focus on six core values. These values are at the heart of everything we do at Fenix. We envision a world where all people hold the power to create opportunity for themselves and others.
- ReadyPay Solar Power System
We build and sell products to change lives.
- ReadyPay Power System
Some families want a TV, and others just want to charge a phone and run a few lights.
- Build Credit
As they repay their loan, customers build both ownership in their system and a repayment record.
ABOUT FAT MACY’S
Fat Macy’s is a social enterprise serving delicious home cooked food and dining experiences at supper clubs, events and offices across London. We also train and support young Londoners living in temporary accommodation and help them move into their own homes. We began life as a venture whilst our founder, Meg Doherty, was on a placement for Year Here.
WHAT’S THE BENEFIT?
In contrast to many of the existing initiatives that exist within hostel accommodation, Fat Macy’s provides a structured opportunity, with a clear and tangible incentive for its participants.
Alongside increasing personal savings, Fat Macy’s chefs are trained in vital skills for independent living: food hygiene, cooking, financial planning, curating and running events and practical work experience.
HOW DOES IT WORK?
The problem we are tackling is common – in the current socio-economic climate, residents find it increasingly challenging to save money to move on into independent living, due to the bureaucratic benefit system, sanctions and the daily expense of hostel living.
Fat Macy’s overcomes this by using the project’s profits to create a specified housing deposit scheme for our participants. With every pop-up event, each chef can make an independent and progressive step in saving securely for their future.
The chefs volunteer their time, and in return accumulate credit, paid into a secure deposit fund, which is held until they have saved enough for a deposit. At this point, we require a tenancy agreement and an employment contract before we pay the deposit directly to the landlord of their choice.
Kiva is an international nonprofit, founded in 2005 and based in San Francisco, with a mission to connect people through lending to alleviate poverty. They celebrate and support people looking to create a better future for themselves, their families and their communities.
HOW DOES IT WORK?
By lending as little as $25 on Kiva, anyone can help a borrower start or grow a business, go to school, access clean energy or realize their potential. For some, it’s a matter of survival, for others it’s the fuel for a life-long ambition.
WHAT’S THE BENEFIT?
100% of every dollar you lend on Kiva goes to funding loans. Kiva covers costs primarily through optional donations, as well as through support from grants and sponsors.
The Inkpact team is small but mighty. We’re ambitious and have high standards. Together, we’re transforming the way businesses communicate with clients, influencers, partners and colleagues. Every enquiry is met with a ‘yes mindset’ and our collective focus is on creative solutions and surprises that allow you to get closer to those who matter most to your business. We’re an inquisitive and quirky bunch who feel passionate about quality, personal connection… and champagne.
We believe that business is more than just numbers. It’s our mission to help companies be unforgettable and create unique experiences while helping move people’s lives forward through writing.
Growth. Gratitude. Giving.
We take this very seriously. Inkpact is all about people; our clients, our Scribe Tribe and your customers. When you grow, we grow too – so let’s embark on our unforgettable mission and have some fun while doing so.