How It Works
The ShareChange app is a joint initiative with The ShareChange Opportunities Foundation – enabling you to conveniently empower someone and see how your funds change their life.


FAQs
What portion of my funds go to the person I want to empower?
The ShareChange Opportunities Foundation only requires a 6% platform fee to cover our administrative costs.
A portion of this fee goes to ShareChange Inc. to cover platform maintenance and developing new, exciting features to incentivize more people to join the ShareChange movement!
What are the platform fees used for?
Platform fees go to the ShareChange Opportunities Foundation, mainly to cover payment processing, wire transfers, software fees, further employee compensation, and product innovation!
Of course, it’s important that social enterprises are prudent and efficient with funds. Still, we believe it’s important to have adequate funding to attract talented, motivated individuals and technology to innovate, and ultimately, maximize our impact.
What is financial inclusion?
According to the World Bank, 1.7 billion people are unbanked — they don’t have access to affordable, ethical financial services like credit or even bank accounts.
Financial inclusion creates access to useful, affordable products — like microcredit, insurance, and savings accounts.
We have a long way to go in understanding the impacts of financial inclusion and microcredit. While financial inclusion is not the silver bullet for eradicating poverty, it is a critical piece of the puzzle.
AREAS OF IMPACT:
- Gender equality & female independence
- Food security
- Resilience in the face of climate change
- Microinsurance; protecting against shocks & ensuring access to healthcare
Traditionally, we’ve measured impact through a westernized lens. Financial inclusion can have impacts as elusive as improving someone’s self-esteem. Other times, it can change someone’s future entirely, enabling them to improve their business, develop more profits, send their kids to better schools, and even hire others in the community.
EDUCATION
We believe that education is a critical component of financial inclusion:
- Financial literacy workshops
- Personal initiative training (developing a growth mindset)
- Other business supports
GENDER
On average, the gender gap in bank account ownership between men and women is 9% in low-income countries.
WHAT ARE THE POSSIBILITIES?
Traditionally, we’ve measured impact through a westernized lens. Financial inclusion can have impacts as elusive as improving someone’s self-esteem. Other times, it can change someone’s future entirely, enabling them to improve their business, develop more profits, send their kids to better schools, and even hire others in the community.