January 10, 2009

Wells Fargo Lends Black Businesses a Billion

Marking the tenth anniversary of its African American Business Services program, Wells Fargo Bank recently reached its initial goal of $1 billion loaned to Black-owned businesses, two years ahead of schedule.

Working with the National Black MBA Association, the bank announced a new goal of lending another $1 billion to Black business owners by 2018. An association spokesperson said, "We continue to support the significant growth of African American businesses by offering resources for existing business owners, small business professionals and aspiring entrepreneurs."

Do we have any villagers trying to take advantage of this Wells Fargo program?

3 comments:

g-e-m2001 said...

I wan't some of that Billion!!! Details Wayne Details!

L Martin Johnson Pratt said...

I am wondering who actually got the money? or did they support programs already in place like Urban League, or the Black MBA Association i will start asking every single online venue where i have an account....hmm i feel an investigative edge coming on 1 Billion Dollars to Black Business no mention on BlackElectorate.com or BlackNewsJunkie.com i dont know.

Villager said...

Gina - The link in the post goes directly to the Wells Fargo webpage on this program. That is the best that I can offer...

Bro. Pratt - First, may I welcome you to our village. This is my first time hearing your village voice. I hope you come back more often. Anyhow, let us know what you find out in your investigation!