How Cooperatives Build Community Wealth on Money + Meaning: Recorded Live at SOCAP 365 Baltimore

Cooperatives hold incredible promise to build wealth in marginalized communities and reduce the racial wealth gap but myths and misconceptions about alternative ownership models are common. Many lenders and investors are skeptical of cooperatively-owned businesses or find them too “risky” to qualify for investment. This episode, recorded live at a SOCAP 365 event in Baltimore, is a panel discussion about the promise of the cooperative model to create social and economic change, including frank observations about the challenges that often prevent these businesses from securing investment or achieving success at scale.

Accelerating Financial Services That Work for Everyone on SOCAP’s Money + Meaning Podcast Episode 2.13

How can innovative financial technologies help marginalized and underserved communities manage their personal finances and build wealth over time? In this episode of Money and Meaning, host Alex Kravitz talks to Marcia Chong Rosado of Village Capital, an accelerator for social enterprises, and Ramona Ortega, Founder of My Money My Future, a platform providing personal financial guidance for millennials of color who have been overlooked by traditional financial institutions.