Partners for Self Employment, Inc. is a nonprofit agency that has provided two AFI grants since 2003, with the objective of promoting the financial well-being of low- to moderate-income individuals and families in South Florida through financial literacy and business training, as well as opportunities to borrow and save.
Partners for Self Employment, Inc. emphasizes homeownership and business capitalization, with the goal of assisting low-income residents of Miami-Dade County to produce sufficient resources to either purchase homes and or capitalize microenterprises through the Partners For Self-Employment peer program with business training and loans. This grantee has been successful at integrating its Matched Saving Fund Program with its financial literacy and lending programs.
Partners
Partners for Self Employment, Inc. partners with Habitat for Humanity, Neighborhood Housing, World Relief, Jubilee Community Development Corporation, Greater Miami Prosperity Campaign, and Human Services Coalition to provide outreach support.
Assets for Independence Grant History
Project Title
Matched Savings Fund IDA Program
Highlights/Outcomes
212 IDAs have been opened.
238 participants have received financial education.
$675,657 saved by participants.
110 participants have purchased an asset.
Total AFI Funding
Total AFI Grant Funding:
$996,500
Total Non-Federal Support: $996,500
Focus Population
Partners for Self Employment, Inc. targets eligible low-income residents of Miami-Dade County, particularly women and minorities.