While women have made great strides towards achieving economic equality, barriers to asset building still limit women’s progress. Woodstock Institute and Chase Bank invite you to a discussion of the challenges to building wealth that women face and how we can address them. The panelists will examine barriers to housing and small business credit for women and ways we can expand access so that women can build equity, buy and maintain affordable housing, and expand their businesses.
In a July 2014 article, Crain’s Chicago writes that there is a large gender gap in small business loans. The article examines the national trend of small business lending, but the statistics are just as staggering as those found in Chicago. According to the article, women own 30 percent of small businesses but receive 4.4 percent of conventional small business loans dollars.