Microfinance
Dominican Republic (Jarabacoa)
Our microfinance ministry works with people in several communities around Jarabacoa. The site provides savings accounts, small business loans, and financial education to members of our microbanks with the deliberate intention of sharing The Gospel. People in the program go through an education period of 4 weeks and then receive small loans averaging $200. In weekly meetings thereafter, they have a Bible study, discuss issues in their businesses, and pay back their loans. In addition to the weekly meetings, the site reaches out to the people thru personal visits and spiritual care. Participants help in every aspect of the site, and can expect to be challenged both spiritually and socially, as you visit some of the poorest areas where SI ministers.