EmpowHER Fund
This fund is dedicated to providing capital for women-owned small businesses. The loans range from $5,000 to $50,000. In 2019, 1,800 new female-owned businesses were added to the economy every day, while only 1 in 23 dollars lent went to women. Even when controlling for credit risk, women were approved 10% less often than their male counterparts. In 2021, half of the women who started businesses were the primary breadwinners of their household. In 2024, more than 1 in 4 business owners said they were harmed by predatory lending within the last year.
Our mission is to invest in the dreams of women, protect them from predatory lending, and help them create generational wealth for their families.
We have supported 394 women-owned businesses with $6,376,606 to date
Jocelyn Ramirez, is the owner of Todo Verde. She is redefining Mexican Food with a new vegan spice line. Todo Verde is a plant-based Mexican food business in Los Angeles. Inspired after she and other family member struggled with health issues, she sought a way to keep the traditional flavors while opening up vegan options for meals. She received a $50,000 from TMC Community Capital to produce inventory and sell their products online and in local stores.
Maria Sanchez, the owner of Mari’s Alterations in Oakland, CA. She is a representation of resilience and the power of small businesses. Whether it’s a last-minute wardrobe emergency or a custom alteration, Maria’s attention to detail and dedication have earned her the trust and loyalty of her community for over 40 years. When Maria needed funds to upgrade her equipment and keep her beloved shop running smoothly, she turned to TMC Community Capital for a $5,000 loan. With quick, affordable financing, Maria was able to continue serving her community and ensuring everyone walks through her doors looking their best.
Meymuna Hussein, the owner of Flavors From Afar, a unique restaurant that brings global cuisine to life, partnering with refugee chefs to showcase their beloved home recipes and cultural heritage. This Los Angeles restaurant provides an exceptional five-course dining experience inspired by the rich traditions and journeys of its chefs. With a loan from TMC Community Capital for $29,000, she was able to make necessary renovations, creating an inviting space for all to enjoy these epic flavors.
To direct your contribution specifically to support women-owned businesses, please write “EmpowHer Fund” in the memo section of your donation.