Lending Circles for Dreamers

DBLA-Social-Card-ENGWe are proud to be one of the first organizations to join DreamBigLA , find out how you can apply for 0% loans for Lending Circles for Deferred Action (DACA)!

Background
With nearly one million youth eligible for Deferred Action for Childhood Arrivals (DACA), promising young people can now apply for a program that offers them protection from deportation and access to work permit. But, most of them cannot afford the $465 application fee. To help the rest half of one million eligible DACA, MAOF provides the Lending Circles for Dreamers program.

How it works
Lending Circles for Dreamers provides a zero-interest, zero-fee loan to help participants pay the $465 application fee for DACA. Participants take our online financial training class and build credit by making low monthly payments of $46.50 for 10 months. As soon as participants are ready to apply for DACA, we give them a check issue to the U.S. Department of Homeland Security.

Building a Brighter Future
When you are eligible for DACA, you receive a work permit and become eligible for a Social Security number. You will have protection from deportation. And with Lending Circles for Dreamers, you get the chance to improve your credit score and financial savviness to help build a brighter future.

Information from USCIS about DACA
Consideration of Deferred Action for Childhood Arrivals (DACA)

Don’t miss the chance!
Come and join the Workshop on May 13th, 2015 at MAOF!

Call us to find out about the possible match for 0% interest social loans and more savings for your brighter future!

For more information about Lending Circles for Dreamers, call 323-278-3891 or email assetbuilding@maof.org (Office hour Monday- Friday 8:00am-5:00pm)

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