The Cost of Economic Opportunity for Underserved Communities
1.0 substantive credits in PA, IL, CT, 1.5 substantive credits in NY, NJ, FL
Access to capital is one of the drivers of a growing economy. Whether starting businesses or financing post-secondary pursuits, people must find ways to borrow today in order to invest in future opportunities. Despite the importance of access to capital, a far-from-level playing field exists for those living in underserved communities. The poor often face a higher “cost of borrowing” that keeps them entrenched in a cycle of poverty. This panel will engage professionals in academia, government, and the nonprofit sector to learn more about this issue and to explore potential solutions.
Glenn Bryan, Assistant Vice President of Community Relations, Penn Office of Government and Community Affairs
Dorcas Gilmore, Practitioner in Residence, American University
David Oh, Councilman, City Council of Philadelphia
Chris Rabb, Author, Invisible Capital; Social Impact Fellow, Innovation & Entrepreneurship Institute; Adjunct Professor, Temple University Fox School of Business
Alyssa Thomas, Manager, Kiva Zip Philadelphia