South Bay Latina business owner reaches success after funding her own dream

  • 📰 10News
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 50%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

This Hispanic Heritage Month ABC 10News celebrates community and a steadily growing community around the US that are Latina entrepreneurs.

Inside Mujer Divina, you can hear the sound of traditional cafe de olla brewing"It’s very important for me to share my culture, especially through food because food is what we have in tradition with our families,” said Curiel.Nationally, 40 percent of all Latino-owned businesses are owned by Latinas, according to Stanford's 2020 State of Latino Entrepreneurship Research Report.

She started chasing her dream when she was 19 — doing catering, but finally was able to rent a building for her first restaurant."I had to work three jobs to pay the rent for a whole year to sustain the business," said Curiel.“I wasn’t informed about any resources or help or funds to open a business. So everything, I just did it step by step, month by month," she said.

Funding is something female entrepreneurs overall have a harder time obtaining despite a 2019 Bank Rate report that said half of all women-owned businesses were owned by women of color. Forbes reports that Latino-owned businesses are funded at a lower rate than non-latino-owned businesses and when they are funded the average loan size is nearly 40 percent of what a non-Latino business owner would receive."I had a dream. I had a goal and I don’t think that quitting is an option. I mean things happen of course but if it was in my hands, you have to keep going because you have a family to feed and a dream to chase,” said Curiel.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 732. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Comcast RISE to award $1 million in grants to Oakland businesses owned by women and people of color - San Francisco Business TimesAt the RISE of Diverse Owned Businesses, Comcast celebrated last year’s successful round of similar funding and aid to BIPOC-owned businesses.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

Bay Area startups Scale3 Labs, Shimmer raise seed rounds for blockchain security, ADHD treatment - Silicon Valley Business JournalBayArea startups raise seed funds for blockchain security, ADHD treatment TheFunded venture startups SiliconValley SanFrancisco
Source: svbizjournal - 🏆 334. / 59 Read more »