Challenges Faced
Challenges Faced by Refugee, Immigrant & BIPOC Entrepreneurs
- Limited access to financing due to credit history gaps and banking exclusion
- Cultural and language barriers, making financial systems difficult to navigate
- Lack of mentorship and technical support tailored to their needs
- Predatory lending and discriminatory financial practices creating cycles of debt
- Lack of culturally responsive financial products, including La Riba options
This Results In
- Businesses struggling to start or grow, despite strong potential
- Entrepreneurs trapped in financial instability and informal economies
- Limited job creation and economic mobility within underrepresented communities
- Persistent racial and economic disparities in business ownership and success
The Fursad Fund Solution
Equitable Access to Capital
Small business microloans and La Riba financing tailored to the needs of underrepresented entrepreneurs.
Business Coaching & Technical Assistance
Hands-on mentorship, business training, and resources to help businesses thrive beyond just securing capital.
Culturally Rooted Support
Programs designed with a deep understanding of immigrant, refugee, and BIPOC business owners, ensuring trust and accessibility.
Long-Term Economic Impact
More businesses succeed, more jobs are created, and generational wealth is built in communities that have historically been excluded from financial prosperity.