ParentBank- Enhancing the social inclusion of low income single parents
ParentBank aims at facilitating the labor market integration of low-income single-parents.
Grant Agreement Number: 2019-1-RO01-KA204-063798
Funded by: Erasmus+ Duration: 01/10/2019-30/09/2021
Single-parent families, most of whom consist of women, have more possibilities to live at risk of poverty and social exclusion. In 2016, the highest at-risk-of-poverty rate in the EU-28 was recorded for single persons with dependent children, at more than one third.
In particular, women are affected the most, as they make up almost 85% of all one-parent families in the EU. Specifically, younger mothers and women with young children are the least-employed parent group, while the lower the mother’s level of education, the more likely to be poor. Moreover, having a job does not guarantee a decent life and an improvement in their living conditions, as more efforts are required in order single parents to acquire better skills and to facilitate their access to labor market.
ParentBank aims at facilitating the labor market integration of low-income single parents by promoting their access to childcare and other service that may be unable to afford through the time-banking (providing services to one another) and developing their skills and entrepreneurial spirit which can improve their employment status.