The Mission Asset Fund is a nonprofit organization in San Francisco. They have created lending circles as a way to help undocumented youth who live in California and are struggling to afford their Deferred Action for Childhood Arrivals (DACA) application.
How it works: Participants take an online financial training class and build credit by making payments of $46.50 for 10 months. As soon as participants are ready to apply for DACA, participants receive a check of $465 made out to the U.S. Department of Homeland Security. Please note that this a zero-interest loan.
To learn more about the MAF and their lending circles, check out their official website: “Lending Circles for Deferred Action“
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Categories: Applying for DACA
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