The Inspiring Stories of Latino Entrepreneurs in the United States
According to an article, there is a total of 44.4 million immigrants living in the United States of America in 2017 which accounts for 13.6 percent of the population of the country.
Based on an article, 17.6 percent of the total population of the United States are Hispanics in 2015. Compared to only 6.5 percent of the total U.S. population in 1980, this proves that the Hispanic community in the United States is continuously growing.
Out of the total Hispanic immigrants in the United States, there are more or less 2.3 million Latino business owners, says an article.
With the growing number of Latino immigrants in the country, it is not difficult for Latino entrepreneurs to find a suitable market to match their business ideas.
Here are some successful Latino entrepreneurs you need to know:
Carlos Castro
This Latino entrepreneur has his roots from El Salvador. Before he migrated to the United States, he was working as a factory worker in El Salvador.
Castro entered the United States as an illegal immigrant. After being deported, he went back to the United States. The second time was through legal means, says an article.
When he finally moved to the U.S., he was able to get jobs such as toilet cleaning, washing dishes, and cooking.
After a few years of investing in learning the English language and planning his way of starting a business, he was able to establish the first branch of Todos Supermarket, says an article.
Tony Jimenez
Tony Jimenez is born in the United States but with Puerto Rican descent. His interest in numbers, science, and business had pushed him to establish MicroTech, says an article. Also, the article revealed Jimenez's entrepreneurial interest at a very young age such as his lemonade business, newspaper delivery, and car washing gigs as a child.
Jimenez is the CEO, chairman, and founder of MicroTech. MicroTech is focused on providing IT-related services. This IT business empire started operating in 2004. With Jimenez's skills in technology and entrepreneurship, he was able to earn multiple awards, says an article.
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Maria Contreras-Sweet
According to an article, Maria Contreras-Sweet was born in Mexico and was five years old when she went to live in the U.S. with her family. She is the founder of ProAmerica Bank, the first commercial bank in California established by a Latino.
It was founded in 2007 to provide support to small to medium-sized businesses. Also, it aimed to support not-for-profit organizations and professionals offering services. This local community bank had offered help to these various types of business ventures by providing financial help, according to the Linkedin account of ProAmerica Bank.
Also, she was granted the position as the 24th Administrator of the U.S. Small Business Administration. Additionally, she became a cabinet member of former President Barack Obama.
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