Minivan Provides Final Piece to Financial Freedom
January 18, 2016Lateasha Orsborn works in the medical field and is the proud mother to two teenage boys. The beginning of Lateasha’s path to financial independence started at Wayne Metropolitan Community Action Agency’s Financial Empowerment Center. With their guidance, she improved her credit scores, built a savings account, and maintained a balanced budget. Then through participation in an Individual Development Account savings program, Lateasha became a first-time homeowner in Detroit.Lateasha had come a very long way in her financial journey. However, reliable transportation remained an obstacle in her efforts to create financial stability for her family. Lateasha reduced her work hours to avoid infractions on her employment record due to late buses and rides. Although working fewer hours reduced her take-home pay, she could not afford to lose her job completely.
In July 2015, Vehicles for Change, in partnership with Wayne Metropolitan Community Action Agency, awarded a 2003 Chevrolet Venture to Lateasha.
As a result of owning a vehicle, Lateasha was immediately able to return to work full time, increasing her income. Plus, Lateasha can spend more time with her boys as they participate in extracurricular activities.