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Minority Small Business Owners Have Hard Time Raising Capital

Published July 3, 2017 at 1:12 PM EDT
Dominica Rice serves drinks at her restaurant Cosecha as Rene Sanchez and Panfila Ceja work behind her and customers wait in line on March 9, 2017. Rice has already repaid her SBA loan. (Farida Jhabvala Romero/KQED)
Dominica Rice serves drinks at her restaurant Cosecha as Rene Sanchez and Panfila Ceja work behind her and customers wait in line on March 9, 2017. Rice has already repaid her SBA loan. (Farida Jhabvala Romero/KQED)

Minorities in the U.S. are starting businesses faster than others. But blacks and Latinos have a much tougher time raising capital than whites or Asians.

Farida Jhabvala Romero (@FaridaJhabvala) of Here & Now contributor KQED reports on why fewer federal loans are going to minority business owners.

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