Those surveyed have owned their businesses for an average of 12 years. Survey respondents are in a wide variety of industries.
Latina entrepreneurs are a rapidly-growing business segment.
Despite this growth, the survey shows that the share of Latina entrepreneurs with bank credit and the amount of capital they have has not increased significantly in the past two years. The Latina business owners interviewed for this survey started their firms with slightly more capital than all women business owners interviewed for a 1998 survey. The share of Latina entrepreneurs with bank credit is similar to two years ago and the amount of capital they have has not increased significantly. The amount of bank capital carried by Latina business owners has not changed significantly over the past two years. While Latina entrepreneurs interviewed report that they started their own businesses, they are more likely than women business owners of other ethnicities to describe their businesses as family run.