Alpha FLITE

We need your help in raising operating capital to create a Mobile App that will  allow us to provide financial literacy, and  investment  Education to African American and Latinx Communities across the U S.
 
Alpha FLITE (Financial Literacy & Investment Through Education), a non-profit,  is based on the  Netflix model, it is an advanced video-based library offering, through which African American or LatinX individuals can obtain financial/investment knowledge based on  their level of interest.  This financial related information is aggregated into, and shared from a domain expertise of established and successful business men and women, via our Website, SMS Technology, Push Notifications, and our Mobile App.  

Financial Literacy Challenges:
Decades of economic disparities prevent African American and Latinx communities from accumulating intergenerational wealth. 

African American and Latinx  families possess a fraction of the wealth of white families, leaving them more economically insecure and with far fewer opportunities for economic mobility.*

(Latinx and) Black households have more costly debt*

African Americans face systematic challenges in narrowing the wealth gap with whites*

Solution
Our financial literacy and educational program seeks to influence, shape the next generation of Savers and Investors through an offering of proof sourced videos, and guidance around healthy saving, investing and spending habits.

*Source: Center for American Progress, Systematic Inequality How America’s Structural Racism Helped Create the Black-White Wealth Gap, February  2018.