06-26-2017  1:44 am      •     
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NEWS BRIEFS

Cooling Centers to open in Multnomah County Saturday, Sunday

Temperatures expected to climb into the upper 90s this weekend ...

Multnomah County Leaders Release Statement on Safety at Summer Events

Officials advise public to check in, have a plan and be aware at public events ...

Portland Musician, Educator Thara Memory Dies

Grammy-winning Trumpeter, composer, teacher died Saturday at the age of 68 ...

St. Johns Center for Opportunity to Host Meet the Employer Event June 27

Employers represented will include Mary’s Harvest and Del Monte ...

New Self-Defense Organization Offers Training to Youth in Multnomah County

EMERJ-SafeNow offers July classes for children ages 8-10 and youth ages 15-19 ...

U.S. & WORLD NEWS

OPINION

Our Children Deserve High Quality Teachers

It’s critical that parents engage with educational leaders and demand equal access to high quality teachers ...

Civil Rights Groups Ask for Broad Access to Affordable Lending

Charlene Crowell writes that today’s public policy housing debate is also an opportunity to learn from the mistakes of the past and...

Criminal Justice Disparities Present Barriers to Re-entry

Congressional Black Caucus Member Rep. Danny Davis (D-Ill.) writes about the fight to reduce disparities in our criminal justice...

Bill Maher Betrayed Black Intellectuals

Armstrong Williams talks about the use of the n-word and the recent Bill Maher controversy ...

AFRICAN AMERICANS IN THE NEWS

ENTERTAINMENT


Wells Fargo has lent more than $25 billion to women business owners since establishingitsWomen's Business Services program in 1995.

With an average loan size just under $40,000, Wells Fargo has extended more than 600,000 loans to women business owners in the last 10 years.

"It is very exciting that we have arrived at a point where women business owners are recognized and appreciated for the very important contributions they make to the U.S. economy," said Rebecca Macieira-Kaufmann, executive vice president and head of Wells Fargo's Small Business Segment.

"Wells Fargo recognized early on the power, drive and potential of women entrepreneurs," she said. "Surpassing the $25 billion mark is a tribute to women business owners who have allowed us to be a part of their amazing success. The last 10 years have been a great journey, and we can't wait to see what the next 10 will bring."

Wells Fargo's Women's Business Services program was established in September 1995 to build relationships with women business owners and provide them with increased access to capital and financial services.

According to the latest economic census data, between 1997 and 2002, the number of women-owned businesses grew 20 percent, nearly twice the rate of all privately held businesses.

To learn about the evolving landscape of the women business-ownermarket, Wells Fargo partners with organizations like the Center forWomen'sBusiness Research. Wells Fargo is a leading advocate in sponsoring industry research that examines the financial and personal characteristics of women business owners.

"Wells Fargo transformed the world of finance for women business owners when it launched the first-ever business services program for women-owned businesses," said Marjorie Alfus, chair of the Center for Women's Business Research. "As the history of women's entrepreneurship is written, Wells Fargo always will be honored for bringing economic credibility to women business owners — not only in the financial industry, but throughoutcorporate America."

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