Inclusive Action For The City: Delivering Emergency Funds In 24 Hours
The nonprofit Inclusive Action needed to provide emergency financial support to Los Angeles street vendors who were struggling as a result of the COVID-19 pandemic.
Inclusive Action for the City is a community development nonprofit based in Los Angeles, dedicated to uniting people to foster robust local economies that uplift low-income urban areas. It achieves this through advocacy and transformative economic development initiatives.
The Opportunity:
Inclusive Action's emergency fund aimed to offer financial aid to Los Angeles street vendors impacted by the COVID-19 pandemic, necessitating a secure and efficient method for fund distribution.
The Solution:
Onbe collaborated with Inclusive Action for the City, deploying a rapid payout solution within 24 hours. This approach provided affected street vendors with prepaid Mastercard cards, ensuring immediate and universal access to the funds.
The Results:
Given that many street vendors have only enough cash to last them about 27 days, the Onbe-powered solution was pivotal. It offered them instant access to emergency funds, enabling them to cover rent, buy groceries, and offset lost income during the pandemic.