Coronavirus (COVID-19) Updates

Share
 

From Credit Unions, For Credit Unions

World Council created this page as a resource for the latest coronavirus (COVID-19) news, information and recommendations specifically relevant to credit unions across the globe. All of the content is provided by World Council, its members, or their affiliated credit unions and financial cooperatives. To share information from your organization on this page, please email us at communications@woccu.org.

COVID-19 Crisis:​ Exposing The Gap to Help Latino Micro and Small Businesses Survive and Reach Their Potential

Content for this post is provided by Inclusiv, a certified Community Development Financial Institution (CDFI) intermediary and national network representing 300 CDFI credit unions that assists community development credit unions (CDCUs) in the United States. 

Inclusiv invites you to join our new Juntos Avanzamos webinar series, Reaching Hispanic Small Businesses in the COVID-19 Environment, on Thursday, May 21 and 28, 2020 at 2:30PM ET

U.S. small businesses are feeling the brunt of the economic hardship caused by the COVID-19 pandemic, with Hispanic small businesses facing even deeper challenges with less access to capital and resources like the Paycheck Protection Program (PPP). Despite limitations, Latino-owned businesses continue to grow rapidly and serve as the greatest contributors toward revitalizing their communities.

After the COVID-19 crisis is over, there will continue to be an immense need for affordable and relevant lending options for Hispanic small businesses and entrepreneurs. Credit unions should be at the forefront of the recovery process, offering small business financing alternatives to their communities.

What are the most common challenges faced by Hispanic entrepreneurs and small business owners? What types of loans are more attractive and relevant? What are best practices in small business lending?

To provide answers these questions, Inclusiv will present the following webinars:

Reaching Hispanic Small Businesses - Thursday May 21, 2020, 2:30 p.m. EST

Best Practices in Service and Lending to Hispanic Small Businesses and Entrepreneurs - Thursday May 28, 2020, 2:30 p.m. EST

For more information or to register, please visit:

https://www.inclusiv.org/webinar-reaching-hispanic-small-business-owners/