United Way

Local Programs Aim To Stop The 'Summer Slide'

Aug 26, 2015
Katherine Doherty / RIPR

Students are about to return to their classrooms after a long summer break. One thing their teachers are all wondering: how much did they forget over the vacation?

In Woonsocket Monday, a dedication ceremony will be held for a non-profit that helps people avoid the pitfalls of payday lenders. It's known as the “Capital Good Fund.”

Capital Good Fund is a brick and mortar store that offers people an alternative to high priced payday lenders.  Funded by a 57-thousand dollar grant from the United Way, it expects to help 600 people a year, according to founder and director Andy Posner.