Tim Lampkin
Tim Lampkin is the Founder and CEO of Higher Purpose Co, a 501c3 economic justice nonprofit building community wealth with Black business owners across Mississippi by supporting the ownership of financial, cultural, and political power. Lampkin has over a decade of community development and entrepreneurship experience. He previously managed the Racial Equity Program for the Mississippi Humanities Council, which won the national 2018 Schwartz Prize. Lampkin also worked for Southern Bancorp Community Partners to implement multi-million community initiatives and has advised rural entrepreneurs in several counties served by Delta State University. The Mississippi Business Journal selected Lampkin as one of the 2019 Top Entrepreneurs in the state. Ashoka selected him as the first person in Mississippi for the lifetime social impact fellowship. The Motley Fool Foundation recently announced him as Mississippi's first Financial Freedom Fellow. He serves as President of Lampkin Impact Ventures, LLC providing economic justice advising, impact speaking, and creative digital content. Lampkin serves on the board of the Cooperative Food Empowerment Directive and the Mississippi Humanities Council. He previously served on the Federal Reserve Bank of St. Louis Community Development Advisory Council and the Consumer Financial Protection Bureau Consumer Advisory Board (CAB). He completed the Authentic Leadership Executive Program at Harvard University. Lampkin is a proud graduate of Mississippi Valley State University and has completed graduate degrees at Delta State University, Bellevue University, and the University of Arkansas.
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Income and WealthThe Impact of Predatory Lending Policies on Black Communities in the Mississippi Delta
The economic gap between Black people and white people living in The Mississippi Delta continues to be exacerbated by predatory payday lending practices. Since the 1990s, payday lending availability has increased exponentially in Mississippi.
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