Fair Financing – Business Design Research of Payday Lending Alternatives

Fair Financing – Business Design Research of Payday Lending Alternatives

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Ask for Proposals (RFP)

Overview: Momentum seeks an experienced consultant to research, design and suggest sustainable, scalable alternate payday financing products that work for individuals living on low incomes in Calgary. The main focus for the research is on working together with main-stream institutions that are financial. a consultant that is preferred have an understanding of and expertise in social finance.

Organization Background:

Momentum is just A community that is charitable economic company in Calgary that lovers with individuals residing on low incomes to attain success by providing development in monetary literacy, abilities training, micro-lending and company development help. Our vision is: “Every individual might have a livelihood that is sustainable donate to their community.”

Problem Background:

Numerous Albertans residing on lower-incomes are not able to get into safe and affordable short-term credit and find yourself making use of pay day loans. Read More