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Wed, Feb 1
LCWR National Assembly
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Thu, Feb 2
LCWR National Assembly
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Fri, Feb 3
LCWR National Assembly
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Sat, Feb 4
LCWR National Assembly
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Sun, Feb 5
LCWR National Assembly
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Mon, Feb 6
LCWR National Assembly
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Tue, Feb 7
LCWR National Assembly
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Wed, Feb 8
LCWR National Assembly
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Thu, Feb 9
LCWR National Assembly
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Fri, Feb 10
LCWR National Assembly
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Sat, Feb 11
LCWR National Assembly
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Sun, Feb 12
LCWR National Assembly
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Mon, Feb 13
LCWR National Assembly
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Tue, Feb 14
LCWR National Assembly
BVM/St. Mary Immersion trip to Guayaquil and Quito Ecuador
15
Wed, Feb 15
LCWR National Assembly
BVM/St. Mary Immersion trip to Guayaquil and Quito Ecuador
16
Thu, Feb 16
LCWR National Assembly
BVM/St. Mary Immersion trip to Guayaquil and Quito Ecuador
17
Fri, Feb 17
LCWR National Assembly
BVM/St. Mary Immersion trip to Guayaquil and Quito Ecuador
18
Sat, Feb 18
LCWR National Assembly
BVM/St. Mary Immersion trip to Guayaquil and Quito Ecuador
19
Sun, Feb 19
LCWR National Assembly
BVM/St. Mary Immersion trip to Guayaquil and Quito Ecuador
20
Mon, Feb 20
LCWR National Assembly
BVM/St. Mary Immersion trip to Guayaquil and Quito Ecuador
21
Tue, Feb 21
LCWR National Assembly
BVM/St. Mary Immersion trip to Guayaquil and Quito Ecuador
22
Wed, Feb 22
LCWR National Assembly
BVM/St. Mary Immersion trip to Guayaquil and Quito Ecuador
23
Thu, Feb 23
LCWR National Assembly
BVM/St. Mary Immersion trip to Guayaquil and Quito Ecuador
24
Fri, Feb 24
LCWR National Assembly
BVM/St. Mary Immersion trip to Guayaquil and Quito Ecuador
25
Sat, Feb 25
LCWR National Assembly
26
Sun, Feb 26
LCWR National Assembly
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Mon, Feb 27
LCWR National Assembly
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Tue, Feb 28
LCWR National Assembly
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Mary Francis Clarke Photograph
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Community Development Loan Fund

The BVM Community has chosen to invest a portion of its investments in a Community Development Loan Fund. This fund allows us to use our financial resources by investing in people and projects for a specified time.

Win-win situations are created as economically disadvantaged persons receive loans from BVM Community and other groups that enable them to work toward self-sufficiency. Loans for non-profit housing initiatives, for example, enable families to live in decent, affordable housing for the first time.

After a specified time, the principal-the amount loaned-is returned, to be loaned out again.

Through our alternative investments we celebrate that our core values of charity, freedom, education and justice are expressed in our use of money as well as in the work and prayer of our sisters.

Loan Characteristics

Average:
$50,000

Type of Investment:
CDs, loan funds, credit unions, micro-lending funds

Community Investments Initiated Since 1987:
$5,000,000+

Priority Focus:
Underserved communities; housing; micro-lending funds; women and children.

Sample of Community Development Loan Fund Recipients

  • Central Appalachian Peoples
  • Chicago Community Loan Fund / Dubuque Rescue Mission
  • Lakota Fund
  • Humility of Mary Shelter
  • Memphis Area Development Corp.
  • Mercy Loan Fund
  • Native American Bank
  • Northern California Community Loan Fund
  • Portland Youth Builders
  • Self Help Child Care/Working Boys Center, Quito, Ecuador