Women have always had a strained relationship with the American Banking system. This is truer for women of color. Since emancipation banking has always been one of the most unequal playing field. “Her Investment” is the story of one young Black woman who knows the score and is determined to change the game for all women.
Through this journey she tries to enlighten some of here classmates to a world too often denied to women simply because of gender.
Women have become a driving force behind U.S. entrepreneurship. According to a 2019 report women now make up 42% of new entrepreneurs — up 21% since 2014. They started 1,817 new businesses per day. Even more revealing: Women of color operate half of all women-owned businesses. Collectively they employ more than 2
million workers and generate $422 billion in revenue.
The State of Women-Owned Business 2019 (American Express)
This is in spite of getting significantly lower levels or corporate banking capital to start with. When they are given access; the process is riddled gender bias.
Female entrepreneurship has always been driven by self-investment, personal drive, and a refuse to fail spirit. That spirit is even more expressed in women of color. This young Black woman knows the score and she intends to change the game.
Her only question is, “Who’s team are you on?”
Context and Topics Covered:
The Freedman’s Bank (1860’s – 70’s)
Historic Sexist & Racist Banking Practices
Layered & Multi-generational Consequences of Lack of Access to Capital
The Current State of Female Entrepreneurship in U.S.