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Global Children for a Global World

May 18th, 2022   

After successfully running a multi-site child care center for many years, Daphene Booker, the owner of Global Children Services, sought financing from her bank to expand. With over 16 years of experience in the industry, Booker felt she could expand the center’s impact on children by opening a fifth location in Memphis, TN. Unfortunately, the bank denied Ms. Booker’s loan request.

Global Children Services provides high-quality child care and after school programming to children living in persistent poverty communities in Memphis. Serving children from the ages of 6 weeks to 16 years of age the center offers educational programming including tutoring, sign language, basic Spanish, and a STEM curriculum.

After speaking to a friend about her experience with the bank, she learned about Hope Credit Union. Ms. Booker thought this would be an excellent opportunity to establish a solid relationship with another financial institution, and she immediately felt at home at HOPE. “At HOPE, I didn’t feel like a number; they took the time to get to know me and my business.” Booker received a $1.2 million commercial loan, which she used to purchase a building and a 15-passenger bus to transport the children to and from school. Booker is proud to welcome parents, children, and staff to the new facility, where high-quality education is the standard. “HOPE helped me to be able to continue the mission of creating global children for a global world.”