The Critical Moments of Immigrant Integration: A Research Brief of the Impact of Financial Education, Coaching, and Traditional Lending Models in Immigrant Asian American and Pacific Islander Communities

Autor: Imtiaz Hossain, Jane Duong, Lucy Pyeatt, Hee Joo Yoon, Ben Lau, Joyce Pisnanont
Rok vydání: 2015
Předmět:
Zdroj: AAPI Nexus: Policy, Practice and Community. 13:252-275
ISSN: 1545-0317
Popis: This paper highlights the findings of a multicity pilot project that the National Coalition of Asian Pacific American Community Development implemented in partnership with Asian American and Pacific Islander (AAPI)–serving community-based organizations in Los Angeles, Chicago, New York, and Houston. This partnership with all four organizations represents the largest lending-circle pilot project to date in the AAPI community. Over the course of one year, we tested a program model that integrated financial education training and individualized coaching with immigrant integration services such as English as a Second Language, citizenship classes, parenting classes, and workforce readiness. Clients were also offered an opportunity to access Lending CirclesSM, a peer-lending financial product, as a vehicle for helping to improve savings habits while also building credit. This essay will discuss recommendations for replication by other community-based organizations and practitioners.
Databáze: OpenAIRE