Aisha Nyandoro, the founding CEO of Springboard to Opportunities, says her nonprofit launched the first guaranteed income program for Black women in Jackson, Mississippi, to address the need and the lack of social safety in the U.S.
“We don’t have a federal minimum wage for individuals to make, to have, a liveable income,” said Nyandoro during Monday’s edition of “Closer Look’s” Paycheck to Paycheck series.
Nyandoro, who serves on the board of Georgia’s In Her Hands, further explained to program Rose Scott that since the inception of Magnolia Mother’s Trust in 2018, it has supported 220 women by providing them with $ 1,000 a month, $12,000 a year without restrictions.
Nyandoro said the program has changed the lives of women allowing them to pay off debt, enroll in school and find better jobs.
The program’s next cohort is expected to start this spring and will support 100 mothers in Jackson.
