Celebrating Opportunity!

Celebrating Opportunity!

Prosperity Works is excited to recognize the following high school seniors that participated in the Opportunities Start Here Program:  Luis, Juan, Ada, Celia, Ivan, Nicole, Ricardo, and Ziale.  These students worked through their senior year to ensure continuing education for their future.  Now these students are graduating having already started an IDA match savings account for Education.

Not only are these high school students saving for continuing education, so are their Mothers!

***********************************************************************************************************************

To celebrate we will be hosting a pool party & open house

July 20, 2012 from 2:00 to 6:00PM

at 400 Central Avenue, Suite 101 SE, Albuquerque, NM 87102

Join the celebration!

**********************************************************************************************************************

Opportunities Starts Here is a financial education and IDA match savings program for single immigant moms and their college bound children.  Monica Cordova is the IDA Coach working with 2 multi-generational projects; one in soutwest Albuquerque provided by Encuentro and the other is offered through the Women’s Intercultural Center in Anthony, New Mexico.

The project was funded by a $100,000 grant from the W.K. Kellogg Foundation of Battle Creek Michigan, $20,000 of funds from the Assets for Independence Program, US Health and Human Services, and $20,000 of community-based donations provided to Prosperity Works.

Cordova says,“We completed the grant this Spring.  This has been a great experience for the families and the agencies involved. Our families have gone through highs and lows, together we have continued to work toward their goals.“

As a result, Opportunities Starts Here has helped over 20 families in New Mexico.  Twenty mothers and twenty-three high school teens participated, 34 of which have opened IDA Savings Accounts with Wells Fargo.  Seven participants have reached their savings goal, and all plan to use their savings toward higher education by mid 2013.

Both mother and child participated in a financial education course.  Cordova adds,“I observed  mothers discussing financial infomation for the first time with their kids.  The children stepped up when it came to the math and money matters regarding the family budget.  Many families came to class together but some were meeting after work, high school, or other after school activities.  The classes became a great resource, and support system for the participants.“

She found families began to advocate and refer others to the agencies, resources, and eventually create their own support network in class.  “We had moms find medical services for a mother that had a medical emergency.  We had older college students bring in information to help new graduates prepare applications for fiancial assistance.“

Two students traveled to Washington DC for the White house Summer Job Summit representing New Mexico’s youth.  Daniella Sanchez meet President Obama at the Summer Jobs + Summit.

In his call-to-action, President Obama addressed the Summit participants saying that, America’s young people face record unemployment, and we need to do everything we can to make sure they’ve got the opportunity to earn the skills and a work ethic that come with a job.  It’s important for their future, and for America’s.“

Monica would like to add a personal message to all the seniors,“What a way to start off the next stage of your life! Great work, may your future be exciting and bright!“