Dignity in Debt
Phaedra highlights the stark contrast between the rigid systems faced by low-income individuals and the flexible options available in technology. By challenging the assumption that those in debt are untrustworthy, the initiative achieved a remarkable 93% repayment rate, demonstrating that when given dignity and flexibility, people are more likely to fulfill their obligations. This success not only transformed lives in Oakland but also sparked interest from municipalities nationwide.In this clip
From this podcast
Masters of Scale
Improving human dignity is an engine of scale, w/Promise CEO Phaedra Ellis-Lamkins
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