Here's how to better support women living on low income, according to Families Canada
Why It Matters
Revealing barriers to accessing financial aid and solutions social impact organizations are trying to create across multiple sectors can help improve systemic barriers to women’s economic resilience
Content warning: This story mentions domestic abuse.
This independent journalism is made possible by the Future of Good editorial fellowship on women’s economic resilience, supported by Scotiabank. See our editorial ethics and standards here.
When DUCA Impact Lab began screening participants for their escalator loan pilot program, they did not have a gendered focus – at first.
DUCA’s goal was to assess how predatory loans were impacting people with lower incomes by replacing high-interest payments with their flat rate loans. They worked with a credit counselling non-profit to identify clients who would be a good fit for the program – people with high debt and low credit scores, but whose income could potentially chip away what they owed if they weren’t constan
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