Prospera Edit Name
Organization joined Wed, Oct 17, 2012 at 04:47PM UTC last seen Tue, Nov 04, 2014 at 08:43PM UTC
Inequality and a lack of economic mobility define today’s economy, putting the American Dream out of reach for the vast majority of low-wage workers. This is particularly true for the many immigrants employed in the U.S. service sector, who, despite their determination and tenacity, often struggle to make ends meet. Some of the hardest hit are the women and mothers striving to not only earn a livelihood, but also to support their families and ensure a quality education and bright future for their children. These hard working immigrant women are undervalued and often invisible, yet they are a powerful force that helps sustain our economy. They are innovative and resilient, but their tremendous potential too often goes untapped.
At Prospera, we believe that our economy is ready for an extraordinary change, and we can start by building businesses that empower workers. We partner with low-income Latina immigrants to build co-ops—collectively owned, local businesses. The worker-owners of these co-ops increase their incomes, build assets, and become financially savvy business owners. The personal and professional growth of the worker-owners fuels social transformation. The collective ownership structure also fosters remarkable leadership development, empowering the worker-owners to spur local economies. Worker-owned co-ops create waves of empowerment that begin with groups of entrepreneurs and move to transform entire communities.
Organization type Business Edit Type