East Los Angeles, CA – Eastmont Community Center (ECC) is proud to partner with Hispanic Federation for the second iteration of the HANDUp Financial Empowerment Initiative, a program designed to break down financial barriers for Latino individuals, families, and small businesses. With support from Wells Fargo, this initiative will provide financial education to 3,000 low- to middle-income participants nationwide, including right here in East Los Angeles.
As part of this effort, ECC will equip local entrepreneurs with the tools they need to thrive. Through a series of business workshops, participants will learn essential skills such as structuring their business, managing cash flow, bookkeeping, and understanding credit and banking. Additionally, ECC will provide valuable networking opportunities, fostering connections that can open doors to new collaborations and growth.
Despite Latinos having some of the highest labor force participation rates in the country, the median Latino household wealth remains just a fraction of that of non-Hispanic white households. Many entrepreneurs lack access to critical financial education, making it harder to build lasting financial stability. ECC is committed to bridging this gap by offering accessible, culturally relevant financial literacy programs.
"For many aspiring entrepreneurs in our community, financial knowledge is the key to turning their dreams into sustainable businesses," said Isaias Hernandez, Executive Director at Eastmont Community Center. "Through this partnership, we are providing the education and resources they need to strengthen their businesses, access capital, and build long-term financial stability."
ECC joins a network of organizations nationwide working to make financial education more accessible. This initiative addresses the challenges Latino entrepreneurs face in accessing capital. By strengthening financial knowledge and resources, ECC is helping entrepreneurs in East Los Angeles and surrounding communities take control of their financial futures.
For more information on how to participate, please read the original press release.