Inspiration

  • People in low income neighborhoods don't have many tools to help them save short-term financial goals. They do not make enough money to make traditional banking work for them. They lose money to fees and do not earn on their saving accounts.
  • They also lose a lot of money to Check Cashing services with predatory practices.

What it does

  • Goal is a check-cashing kiosk in community spaces like barbershops, beauty salons, and bodegas. It encourages users to learn the value of savings by creating short-term financial goals with a community that they trust.
  • It is a purpose-driven community savings that does not feel like banks.

How we built it

This prototype was created with:

  • Sketch for UI design
  • Principle to design animated and interactive user interfaces

The landing is a static HTML Bootstrap website

Challenges we ran into

  • Narrowing down ideas & features
  • Zeroing in on the target audience

Accomplishments that we're proud of

  • We created a product to motivate the un-banked and under-banked community to save money
  • Our product is accessible, user-friendly, and community-based

What we learned

  • We learned how to explore multiples ideas and pivot quickly
  • We learned how to build a prototype with very restrained resources

What's next for Goal

The next step is to build an technical prototype using the following stack:

  • Angular
  • Node
  • MongoDB
  • Express
  • BlockChain
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