Women, children Certificate of deposit
This solution addresses Helps women build their first savings accounts and assets in North Carolina for single mothers, children, child care providers
Problem DescriptionTo help women, many single mothers, learn to save, but take advantage of support by other customers buying the CD's to enable that capacity and wealth building.
Communities who want to help single mothers to learn to save, enabled by savers who get market rate return on certificates of deposit that benefit the mothers.
- Jane Hatley, Self Help
Solution StageOne of the 7 stages of an innovation. Learn more
|STAGE||SPECIALIST SKILLS REQUIRED||EXAMPLE ACTIVITIES||RISK LEVEL AND HANDLING||FINANCE REQUIRED||KINDS OF EVIDENCE GENERATED||GOAL|
|Developing and implementing5||Strong leadership, management, implementation skills|
|A robust and detailed case developed through formal evaluation and evidence gathering – use of a control group to isolate impact||An implemented and sustainable innovation|