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World

Eva Longoria’s $55,000 fund for six women grows to $525,000 in loans, supporting 150 jobs

Brick factory building and tall smokestack under a blue sky
File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Eva Longoria’s foundation and nonprofit lender Accessity launched a $55,000 loan fund in 2013 to help six Latina entrepreneurs start or grow their businesses. Since then, the initiative has facilitated 65 loans worth nearly $525,000 and helped create or maintain 150 jobs. A new three-year, $500,000 grant will expand business training and financial support for Latina entrepreneurs.

Read the full story at Times of India

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