SOLVING

Financial Slavery
BANKING THE UNBANKED
Technology has enabled new forms of financial slavery to emerge in recent years. What can be done?

PSALM 12:5

‘Because the poor are plundered, because the needy groan, I will now arise,’ says the Lord; ‘I will place him in the safety for which he longs.’
PICSA is improving the financial well-being of victimized laborers in South Africa.
Half the world is scraping by day-to-day without a bank account.
This reality robs billions of people of financial security and access to capital. This lack of good options forces many to employ moneylenders and loan sharks, trapping them in a vicious cycle of cascading debt.

Technology enabled new forms of financial slavery to emerge. Today, modern-day moneylenders trap borrowers in a cycle of debt, threatening to destroy their lives if they miss a payment. Usury goes back as far as time, but today’s challenges require new solutions.

Commercial banks continue to provide increasingly better service to their customers, but billions have been left behind.

How are Christians banking the unbanked?

Guardian Bank – Limited By Nothing

Defeating Predatory Lending Schemes

In South Africa, farm and other low-income, less-educated laborers are often victimized by predatory lenders. Against that backdrop, PICSA, in response to God’s call for stewardship, servanthood, and justice, is improving their financial well-being instead.

Banking the Unbanked with Excellence in India

Banks can be impersonal. And unless you’re wealthy, this makes it nearly impossible to get loans and good service. India’s Guardian Bank is inspired by the infinite worth of every person. This faith-driven view leads them to practice a more humane and hopeful approach to banking./p>

Pursuing God's Call to Serve the Under-Banked

Starting with microfinance loans in the Congo, Katie realized how she could uniquely impact the world through finance. She now works in fintech, helping cash-based communities develop better money habits.

Giver by the Dozen

Protais Rbuahiza was part of a savings group in Rwanda for 12 years. During the time, he eventually moved from a place of financial instability to becoming a generous provider for his family and community. Watch as he tells his story of growth and learning.

Join the Team

The SWGP Giving Funds will be hosted through a Donor Advised Fund (DAF). Contributions can be made directly or from an existing Donor Advised Fund at trusted partners like:

…and others to come.

Each Community has many tools…

Content

Stories, Podcasts, and Problem Pages to multiply reach.

Community

SWGP Foundation Groups and Masterclass series to grow deeper and engage with others as the movement expands.

SWGP Giving Funds

Donor Advised Funds in collaboration with a Board of Directors of seasoned investors and givers.