A FinTech that makes financial planning, safety net tools, and health care services more accessible to domestic workers
Three million domestic workers in Mexico currently lack access to any kind of formal financial services. Communidad 4UNO’s answer is to leverage the employer’s position as a distribution channel for domestic worker benefits. Workers receive previously inaccessible benefits that lift their quality of life for free, paid for by their employer and administrated by 4UNO.
Current and Future Impact
Currently 1,500 employees are enrolled in the program throughout Mexico. 78% are domestic workers and 12% in other professions including construction workers, carpenters, and taxi drivers. These people all have access to bank savings, a retirement fund, private insurance and credit for the first time. More than 1,000 people have received health care services, and 800 families have benefitted from 4UNO’s financial and medical benefits as dependents.