Fair Financing

Mary Walker, Ph.D.

Founder and president, National Federation of Black Women Business Owners

Black women have the same problems we had years ago. It's alleged that we don't write good [business] proposals. With more women coming out of corporate America and off of major boards of directors, this isn't true. Out of every 100 black women who apply for credit, only 10 are approved without hassle the first time. I want financial institutions with diversified lending practices, and women entrepreneurs creating more fundable loan packages.

Like this article? Get this issue right now on iPad, Nook or Kindle Fire.

This article was originally published in the January 2001 print edition of Entrepreneur with the headline: Fair Financing.

Loading the player ...

5 Secrets for Making Your Logo Stand Out

Ads by Google

Share Your Thoughts

Most Shared Stories

1
15 Signs You're an Entrepreneur
2
Want Media Attention? Target Trades First
3
10 Things All Entrepreneurs Must Do Before Quitting Their Day Job
4
The One Habit That Can Make or Break Your Success
5
Is It That Important to Be Nice?