December 1st 2023.
Aisha Nyandoro founded Magnolia Mother’s Trust (MMT) in 2018, with the aim of helping young Black mothers in Jackson, Mississippi. The initiative provides a monthly $1,000 stipend to these families, in addition to social experiences and a 529 savings account for children under 18.
The impact of the MMT has been tremendous, with mothers 27% more likely to go to the doctor when they are sick, and their children 20% more likely to perform above their designated grade level. What's more, 88% of the mothers surveyed are now able to save money for emergencies, compared to 40% when the program began.
The founding of MMT was especially timely given the dissolution of the Expanded Child Tax Credit. This left many mothers in Mississippi in dire straits, and MMT was able to help them in the short term. However, Nyandoro insists that this is not a long-term solution and that the federal government needs to allocate guaranteed income nationally.
Nyandoro is also the founding CEO of the nonprofit Springboard of Opportunities, which is dedicated to tackling generational poverty. She is determined to reshape the poverty narrative, recognizing that poverty transcends generations and that children raised in low-income households often remain in poverty as adults.
It won't be an easy task, but Nyandoro is more than ready for the challenge. With her passion and dedication, she is poised to make a lasting difference in the lives of many mothers and children.
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