Claudia Cifuentes. Unemployment: 16% unemployment in the communities we serve. Banking : 50% of households have no bank accounts. Language Barrier : 40% speak little or no English, limiting employment opportunities.
Banking: 50% of households have no bank accounts
Language Barrier: 40% speak little or no English, limiting employment opportunities.
Limited Education: 50% of adults lack a high school diploma. 70% lack post secondary education.
Poverty: 50% of our households are low-income. 1 in 3 households make less than $25,000 a year
Savings: 50% of our clients have no savings and no financial cushion for emergencies
Social Capital: lack of personal & professional networks make it hard to meet life challenges & find work
Income & Housing Stabilization
& Peer Networks
To integrate resources to address the community’s needs in one central and supportive location while nurturing social networks to provide the “glue” for each individual’s journey toward economic security
First came to CONNECT for financial coaching.
Enrolled in financial workshops and enrolled in the family self-sufficiency savings program
Increased her credit score by 50 points through budgeting for paying off debt
Re-enrolled in Bunker Hill college and graduated with an Associates in Accounting
Will transfer to UMass Boston to complete her Bachelor’s and is actively saving for her son’s education
“The biggest lesson that I have learned is to never give up. That no matter how hard things may seem, there is always a way forward.”
For Lasting Impact