Politics, Business & Culture in the Americas

Immigration: Finance 101

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Across the U.S., the Mexican immigrant community faces countless daily challenges. One of the most pressing is the lack of access to financial services and advice. Just half the nation’s Hispanic population has a bank account and less than 10 percent hold stocks, bonds or mutual funds.

Now, foreign-born workers in New York City have some additional help. Qualitas of Life Foundation was established in November 2007 as a bridge between the unbanked immigrant community and financial service organizations. The goal of Qualitas is simple: “We want to have an impact on the life of immigrants,” explains Qualitas Director Adrián Franco—a former educational consultant who was working with immigrants when he met Qualitas-founder Marcela Rovzar…

Tags: Adrian Franco, Foreign-born workers in New York, Marcela Rovzar, Qualitas, U.S. Mexican immigrant community
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