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Page 8 - தேசிய சங்கம் ஆஃப் பெண்கள் வணிக ஓநர்ஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Peoria-area chapter of this women s business group is 3rd oldest in US

PEORIA  Jessica Ford gets emotional when she talks about H.R. 5050, the Women s Business Ownership Act of 1988. “Before ‘88, if you were a woman business owner, you could not take out a loan, you could not sign for your own loan even if you owned the business,” said Ford, president of the central Illinois chapter of the National Association of Women Business Owners the group that helped create the legislation. “You had to have your husband or brother sign off for you. So it wasn’t until 1988, when I was 4 years old. . It’s not that far away, which is absolutely crazy.”

Women entrepreneurs driving America s recovery from pandemic | News, Sports, Jobs

Mar 15, 2021 Since 1987, the U.S. Small Business Administration (SBA) has celebrated Women’s History Month to recognize the role women entrepreneurs have in building and strengthening our local and national economies. Women have transformed the face of entrepreneurship across America in both urban and rural communities. This is especially true while our nation confronts the challenges of the COVID 19 pandemic. Women entrepreneurs continue to play a greater role in creating new jobs and economic activity across the country. According to the National Association of Women Business Owners, nearly 12 million businesses are owned by women, generating $1.7 trillion in sales, and employing over 9 million people. Together, these businesses represent one of the fastest growing sectors of our economy.

What moms and entrepreneurs with children need to stay in business

Courtesy of Bare Bar Ashlie Ordonez is one of many female business owners who care for young children. A new report highlighted how women like Ordonez were affected by the pandemic.  Experts and female business owners with kids say the government needs to raise benefits awareness. Right before Christmas, Ashlie Ordonez sold her wedding ring. The mother of five hoped the $12,000 would keep her business afloat for a bit longer, despite what it cost her emotionally.   I came from a trailer park, and I had a $12,000 ring on my hand, Ordonez, who owns the spa Bare Bar in Denver, said. Since she launched the business in 2020, she doesn t qualify for Paycheck Protection Program loans. 

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