5-city tour provides Latino small business owners pro bono access to financial education
SPRINGFIELD, Mass., Jan. 19, 2016 — Massachusetts Mutual Life Insurance Company (MassMutual) and the Hispanic National Bar Association (HNBA) have announced a 5-city tour across the U.S. to deliver pro bono access to financial education to empower Latino small business owners at all stages of business foundation and expansion.
Through the Su Negocio program, MassMutual and the HNBA will deliver a free financial education workshop which aims to deliver education, pro bono, and public services to the Latino community. The series kicks off on January 19 at Florida International University in Miami, with similar events to be held throughout the country in 2016. The Su Negocio agenda covers topics such as how to protect your business from the unexpected, knowing what your business is worth, getting your financial house in order, and tips to obtain business financing.
Financial and business education are critical pathways for the future of the Latino community. MassMutual’s 2015 Business Owner Perspectives study revealed that the need for financial knowledge and preparation, as well as cultural differences, may be stumbling blocks in the pathway of Latinos fully realizing and protecting their dreams.
“Latino business ownership is on the rise, and many Latino communities remain underserved with regards to access to legal services, financial information and other resources necessary to start and grow a business,” said Dr. Chris Mendoza, Latino Markets Director at MassMutual. “Together with the HNBA, we hope to provide prospective and current Latino small business owners with pro bono access to information to help serve this fast-growing population.”
Joining MassMutual and the HNBA will be SCORE, the U.S. Small Business Administration, and related community organizations to provide Latino small business owners with the expertise, guidance and resources that will assist them to succeed in either launching a new commercial enterprise or expanding their existence business operations. The program will provide “How To” seminars and materials in English and Spanish. Attendees will leave the workshop with best practices in how to obtain business financing, better manage the financial aspects of their business, and protect their businesses for the long-term.
“As a force for positive change, the HNBA is firmly committed to successfully cultivating and empowering Latino business owners,” said Robert T. Maldonado, National President of the Hispanic National Bar Association. “We are proud to work with MassMutual to offer the resources necessary to help Latino business owners thrive.”
Founded in 1851, MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyowners. The company has a long history of financial strength and strong performance, and although dividends are not guaranteed, MassMutual has paid dividends to eligible participating policyowners consistently since the 1860s. With whole life insurance as its foundation, MassMutual provides products to help meet the financial needs of clients, such as life insurance, disability income insurance, long term care insurance, retirement/401(k) plan services, and annuities. In addition, the company’s strong and growing network of financial professionals helps clients make good financial decisions for the long-term.
MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. MassMutual is headquartered in Springfield, Massachusetts and its major affiliates include: Babson Capital Management LLC; Baring Asset Management Limited; Cornerstone Real Estate Advisers LLC; The First Mercantile Trust Company; MassMutual International LLC; MML Investors Services, LLC, Member FINRA and SIPC; OppenheimerFunds, Inc.; and The MassMutual Trust Company, FSB.
About the Hispanic National Bar Association
The Hispanic National Bar Association is an incorporated, not-for-profit, national membership association that represents the interests of Hispanic attorneys, judges, law professors, legal assistants, law students, and legal professionals in the United States and its territories. Since 1972, the HNBA has acted as a force for positive change within the legal profession by creating opportunities for Hispanic lawyers and by helping generations of lawyers to succeed. For more information, please visit www.hnba.com.