Rooted Finance

#FinclusionWeek is back for its 10th anniversary! Financial Inclusion Week serves as a global platform for exchanging ideas, research, and insights on financial inclusion. As part of the ongoing conversation about how to reach the nearly 2 billion people still excluded from the formal financial system, Rooted Finance CEO Muna Yassin MBE had the pleasure of joining Tynah Matembe DEEU on the Grow Your Money Podcast. You can listen to the thought-provoking episode NOW. 🔗🎤🎧 https://lnkd.in/eiWR_Mzw #FIW24 #moneymatixcommunity #GrowYourMoney #FinclusionWeek #financialinclusion #inclusivefinance #AI #resilience cc 👏🏽 MoneyMatiX: Inclusive Financial Education Giles Mason

2.5 million Londoners are struggling to make ends meet, secure affordable housing, or tie down the decent work they need to rise above the poverty line. Share this video for a #PovertyFreeLondon And take action on our website: https://lnkd.in/e55CBert #LDNChallengePoverty #LondonersInNeed #LondonCommunity #SupportLondoners

As #LondonChallengePovertyWeek begins, we were happy to be in attendance today when 4in10 - London's Child Poverty Network members met the Deputy Mayor of London Debbie Weekes-Bernard to discuss the needs of children, parents and families battling poverty in London. Discussions included, the National Child Poverty Strategy and how child poverty can be addressed through the London Partnership Board’s missions, as well as the Household Support Fund, Migrant and refugee children’s experiences of poverty and the impact of poverty on children & young people’s (and parents) mental health. #costofliving #stigma #debt #money #welfare #mentalhealth #povertyfreelondon Poverty has profound and multifaceted effects on the mental health of children, young people, and their parents. This week is a vital reminder of the urgent need to #EndChildPoverty #4in10Network Our thanks to Greater London Authority for hosting and capturing our discussions. 🤝Toynbee Hall In Kind Direct Home-Start London IRMO – Indoamerican Refugee and Migrant Organisation ESDEG - Education and Skills Development Group London Youth 👏🏽 Katherine Hill cc Muna Yassin MBE Emma Triggs

It was great to have our team attend today's Advice Workforce Development Fund learning event. The Advice Services Alliance As one of the eight Propel-funded programmes in partnership with Money A+E , our ‘Grow Your Own Advice’ training programme is designed to address the gaps in funding for community-based debt and welfare advice, especially for diverse ethnic communities and London-based organisations looking to develop their own advice offer. During today's discussions, Phil Jew gave an overview of the Workforce Programme and Learnings so far, each of the partnerships shared updates new insights and developments, and engaged in table discussions with trainees, apprentices, and volunteers who are taking part in the learning programmes. We explored their perspectives on entering the advice sector through various programmes and gained valuable feedback on strategies to attract more individuals to this field, as well as ways to enhance retention within the advice sector. Overall open discussions, important feedback from those involved in the programmes and much work still to be done in advice sector development. Muna Yassin MBE Jeremond (Jerry) During - MBE , FRSA shajida ali Alban Hawksworth Emma Triggs #funding #diversity #community #training #law #housing #welfare #debt #volunteers #advice #support

Interesting piece in Forbes about the relationship between Black economic mobility and #CDFI’s in the US 🇺🇸 The upcoming elections have a lot of people on tenterhooks, but this article breaks down how political decisions and policy impacts people’s real lives - and their pockets Where good state policy and support exists, CDFI’s in the US thrive, and by extension black economic empowerment grows. I love their relentless focus on reducing the racial wealth gap and uplifting entire communities through targeted interventions. Amen to that. In the 🇬🇧 our Black communities have traditionally had more of a history with the #CreditUnion movement - so interesting to see the connections on the other side of the pond. Essentially, economic mobility and wealth building are super important to Black communities (here and in the US). So it’s high time we have the right institutions and products that speak to those aspirations. #BlackHistoryMonth #ReclaimingNarratives

New blog by Maria Booker for Fair4All Finance. NILS has now provided £10M in affordable credit to financially vulnerable people, offering a vital lifeline and helping reduce the poverty premium. Learn how the scheme is helping people avoid illegal lenders and high-cost credit. https://lnkd.in/eiDEBDyY

We welcome the Mayor of London’s continued commitment to providing an additional £3.5m boost to help the capital’s advice services support low-income Londoners’ Over the past two years, the funding provided by Mayor of London, Sadiq Khan has already helped over 60,000 low-income Londoners claim more than £25 million in financial support. As one of the partnership’s in the Advice in Community Settings programme, in partnership with Money A+E, this funding allows us to provide advice in settings across London where individuals feel comfortable, making debt and welfare advice more accessible and inclusive for black and minoritised communities. We look forward to making a difference in the lives of even more Londoners in the coming year. https://lnkd.in/erFAuaHC #adviceservices #advice #partnerships #FinancialWellbeing #Communitysettings #debt #money #welfare #LondonSupports #diversity #community #access

‼️ Black universal credit claimants 58% more likely to get sanctions than white people, while mixed ethnic groups are 72% more likely ‼️ The more you think about this the more outrageous it is. We’ve long suspected this to be the case, but to see 58% and 72%???!!!! Unacceptable. Now what? The DWP is ‘cautioning against drawing conclusions’ I wonder what those conclusions could be 🤔 Do tell us DWP. What are the reasons? Well done to Timi Okuwa and Black Equity Organisation and others for getting this out. Matthew Johnson our conversation earlier this year 👀 Racial equity is an economic justice issue! #ethnicitypremium

New report out this week from Surviving Economic Abuse (SEA) which sheds light on the devastating impact of using joint mortgages to trap victims, making it harder for them to escape and pushing them into debt and homelessness. We understand the far-reaching consequences of being in debt and financial abuse, and the importance of providing support to those in need. Our debt advice services help individuals navigate financial challenges, including those stemming from economic abuse. Through our holistic approach to advice, we believe in empowering individuals to regain control of their finances and rebuild their lives. We echo the urgent call to action in the report: Read the full report ⬇️🔗 https://lnkd.in/eU-45NAq #EconomicAbuse #DebtAdvice #SupportSurvivors #FinancialEmpowerment #CommunityImpact

This week is #uksavingsweek! The campaign brings organisations together to promote the benefits of #savings and how to proactively manage them. Building a savings habit - however small - is the first step to long term financial resilience and sustainability. We are proud to support the campaign run by 👏🏽 Building Societies Association #savings #financialresilience #rainydaybuffer Find out more ⬇️🔗 https://lnkd.in/e8ZSUyCi