“Charity is certainly
greater than any rule.
Moreover, all rules
must lead to charity.”

St. Vincent de Paul

 

YamilethTuiz Uias, selling fish in Granada market, with God Daughter Anita Jarquin 10 years old

Frequently Asked Questions

  • Low-income housing development
  • Community development efforts such as co-ops and land trusts
  • Business ventures that directly benefit low-income communities
  • Employment opportunities developed for worker-owned or minority enterprises
  • Environmental and sustainability projects

Who can qualify?

Loans are made to nonprofit organizations, financial institutions and for-profit organizations that benefit the poor and underserved. Loans are not made to individuals. Some of the criteria considered in reviewing applications include:

  • Will the poor and/or underserved benefit?
  • Is conventional or other financing unavailable?
  • Is there adequate financial stability and business planning?
  • Are just management practices in place?
  • Are the economically disadvantaged empowered to develop themselves and their communities?
  • Are low-income persons represented in management and board-level positions?

What are the terms of Fund loans?

The maximum loan is $150,000. The average loan is $100,000. Monies are loaned at a low interest rate (usually 3 percent per year) for a maximum of five years. All monies are available as loans—not grants.

Ministries

Upcoming Events

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Jun
4
Sun
Directed Spirituality Retreats
Jun 4 @ 4:00 pm – Jun 10 @ 12:00 pm

S. Judith Bonini, IHM, has been involved in retreat/spiritual direction for more than 20 years. Presently she is pastoral services director at the Immaculate Heart of Mary Motherhouse in Monroe, Michigan. Her deep love is spiritual direction and retreat ministry. S. Judith invites the person to name God’s invitation, to reverence and to respond to this mystery as it unfolds in one’s life experiences.

S. Maureen Heverin, SC, received formal training in spiritual direction at the Jesuit Renewal Center in Milford, Ohio, in 1990. Her ministry experience includes elementary and adult education, social service work, spiritual formation, and leadership in the Sisters of Charity. Presently, S. Maureen’s ministry in the Spirituality Center includes spiritual direction, directing retreats and facilitating various spiritual programs.

S. Mary Ann Humbert, SC, participated in the summer Institute in Spiritual Direction out of Loyola University, Chicago, Illinois, and studied in the Christian Spirituality program at Creighton University, Omaha, Nebraska. She completed her internship in retreat and spiritual direction at Milford Spiritual Center where she subsequently worked as part of the internship training team. She has conducted prayer classes, retreat opportunities and adult educational sessions for men and women from diverse religious traditions. She is trained in bio-spirituality and focusing and has been journeying with others as a spiritual director since 1973.

For more information.

Read About…

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S. Marie Vincentia Roney

Sister Marie Vincentia Roney died June 1, 2023 at the age of  90 in Mother Margaret Hall, the nursing facility for the Sisters of Charity, Cincinnati, Ohio. Sister Marie Vincentia was born on July 8, 1932 to Edward M. and Josephine (Lerch) Roney in Albuquerque, New Mexico. She was one of 13 children, six girls and seven boys. She was a Sister of Charity for 71 years. READ MORE.