Since 1988, the Sisters of the Holy Child have set aside a portion of their funds to be invested in community development, housing, and business projects that benefit the poor by providing low-interest loans.
For example, Hope Community Credit Union, which has a low-interest loan from the Society, provides affordable financial services to low-income individuals in Mississippi, Arkansas, and Louisiana. The organization estimates that they have brought economic opportunities to more than 30,000 people since 1994.
The organizations receiving funds from the Society pay interest, but at a greatly reduced rate, giving these much-needed endeavors an extra boost. Often, many would not be able to continue without this assistance. In addition to the United States, projects around the world—from Mexico to Nicaragua—Haiti to Bolivia—Chile to Africa—and beyond, are supported.
The organizations receiving funds are listed below. For more information about a particular organization, visit their website or contact the Holy Child Sister who is the organization’s contact for the Society. (For more general information on our Community Development Investments, contact Sr. Mary Frances Nevins.)
