insomniac Posted June 9, 2022 Posted June 9, 2022 She was on Good Morning America this morning to announce it. She's going to provide microloans to Latina's living below the poverty line to start or expand businesses. She will partner with Goldman Sachs & Grameen America to offer fair interest rates with reasonable terms and support the microloan with no-fee savings accounts, credit building and financial training.
insomniac Posted June 9, 2022 Author Posted June 9, 2022 1 minute ago, Toxicity. said: Partnering with Goldman Sachs Yet providing $14 Billion to a demographic that is having difficulty securing loans to start or expanding businesses. Despite gaps in opportunity, Latina entrepreneurs represent the fastest-growing, yet untapped, segment of U.S. small business owners. In the past 10 years, the number of Latino-owned small businesses has grown 44% compared to just 4% for non-Latinos, according to a recent report by the Stanford Latino Entrepreneurship Initiative. The same report notes Latino-owned businesses are significantly less likely than white-owned businesses to receive loans from national banks, despite demonstrating strong lending criteria. For women, financial exclusion is disproportionately higher as only 4% of all small business loans from mainstream financial institutions go to women, according to a report by the National Women’s Business Council. They're doing a beautiful thing.
wastedpotential Posted June 9, 2022 Posted June 9, 2022 Not a huge fan but this is an absolutely fantastic thing she's doing here that will be life changing for so many people
Rican Posted June 9, 2022 Posted June 9, 2022 1 hour ago, Toxicity. said: Partnering with Goldman Sachs Republican Queen
HausofArtpopII Posted June 9, 2022 Posted June 9, 2022 congrats to JLo ig, tho this seems like an amazing thing to do even tho shes partnering with Goldman-*******-sachs
BYoncé Posted June 9, 2022 Posted June 9, 2022 3 minutes ago, Toxicity. said: Partnering with Goldman Sachs Right
insomniac Posted June 9, 2022 Author Posted June 9, 2022 2 minutes ago, Rican said: Republican Queen lol. More like Democratic-Lo. I agree Goldman isn't the best partner, but if you consider all the lives they're gonna chance for the positive with this. Ya'll really can't stand this woman and always find something to pick at.
Rican Posted June 9, 2022 Posted June 9, 2022 13 minutes ago, insomniac said: lol. More like Democratic-Lo. I agree Goldman isn't the best partner, but if you consider all the lives they're gonna chance for the positive with this. Ya'll really can't stand this woman and always find something to pick at. It should be common knowledge by now that most celebrities are liberal for the cameras and vote Republican in secret. Why would they vote to give themselves more taxes.
insomniac Posted June 9, 2022 Author Posted June 9, 2022 12 minutes ago, Rican said: It should be common knowledge by now that most celebrities are liberal for the cameras and vote Republican in secret. Why would they vote to give themselves more taxes. "Why would they vote to give themselves more taxes" >> Because not everything is about money. But yes, you've convinced me now. J.Lo must be a closeted Republican. Thank you for your insight.
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