Hispanics are the dominant minority group in Colorado, but when it comes to small business loans, they are falling significantly behind. In fact, Hispanic-owned businesses are the only group borrowing less money today than they did five years ago.
To understand two of the big reasons why, let’s meet Marjorie Silva. Back when she was still living in central Peru, someone told Silva the cake at her son’s birthday party was so good that she should sell them. Eventually she was running a small cash-only business out of her kitchen.
"I did a little sign, with wood, painted it very pretty, and put it above the door of my house," said Silva. "And I was actually pretty busy, I was doing everybody’s cakes in town." READ MORE AT COLORADO PUBLIC RADIO
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