Microlender Accion Texas is partnering with the Dallas-based Hispanic 100 network of female leaders to raise $250,000 for a capital fund for Latina business owners in North Texas.
The “Latinas Empowering Latinas” fundraising campaign, announced Thursday, is part of a larger statewide effort launched by the Eva Longoria Foundation.
Last year, the foundation and Accion launched the Latina Loan Fund to provide small business loans for Latina entrepreneurs in Texas. The Howard G. Buffett Foundation committed $1 million to support the fund.
The fund disbursed 58 small business loans totaling $500,000 last year. Of that amount, 22 loans totaling $161,000 were given to Latina business owners in the Dallas-Fort Worth region, according to Accion. READ MORE
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