El Centro is a non-profit 501(c)(3) that believes in the power and potential of Latinx entrepreneurs in the U.S. We understand that language access is one of the most common barriers to their success; this is why we specialize in providing information and access to resources to help establish financial wellness for individuals, entrepreneurs and small business owners in their native language.
According to the US Census Bureau, in 2016 Latinos constituted 17.8% of the nation's total population nearing 58 million individuals. There are more than 300,000 Latino owned businesses generating nearly $360 billion in estimated sales/receipts. Despite having a buying power of $1.4 trillion there are still gaps in wealth, income, and the utilization of traditional financial institutions. Financial literacy is the key to bridging this gap and in many cases it is not available in Spanish, which is why El Centro was founded.
