The financing system for women entrepreneurs is broken. Whether looking for a loan or equity financing, women have a tougher time getting financing than men. But they aren’t sitting idly back, waiting for the system to get fixed. They are coming up with their own solutions. After all, for an entrepreneur, a challenge is an opportunity.
Because it’s Hispanic Heritage Month, I’m focusing on solutions that Latinas are creating to fix the financing system. Two weeks ago, I highlighted Cat Berman’s CNote, which raises money from people who want to get higher interest rates than a bank savings account by investing in Community Development Financial Institutions (CDFIs). CDFIs invest in minority- and women-owned businesses. This week, I highlight Nathalie Molina Niño, CEO of BRAVA Investments, a Berkshire Hathaway-like holding company (holdco). that invests in companies that serve women.