At Prosper Canada, we support a network of 14 Financial Empowerment champion (FEC) - organizations that aim to expand proven financial empowerment interventions in communities across the country. These groups have delivered effective financial help to 320,000 Canadians, helping them to access $700M in new income, improve their credit scores, savings and debt levels and build wealth through education, employment, entrepreneurship and improved housing.
However, over 8 million Canadians are now unemployed or experiencing steeply reduced earnings due to COVID-19. Through conversations with our networks, we have heard that Canadians need support to do three critical things to weather this crisis:
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THE AUTHOR
Galen MacLusky is Service Design Lead and Glenna Harris is Manager, Learning and Training, both work for Prosper Canada.