Aurora, Colorado 2021-11-28 08:00:32 –
Denver-based Claudia Hernandez and Ignacio Rosas are facing rising costs as their four children are teenagers and look forward to going to college, which seems economically impossible.
But they have plans to move the family forward.
They decided to start their own business. After moving from Mexico decades ago, Rosas settled down at work, earning $ 20 an hour and repairing heating, ventilation and air conditioning systems. And now I think I can run my own company. Hernandez envisions a cleaning business, first working alone and then hiring others.
They sought guidance from the Mikasa Resource Center in Denver. Last morning, at Mikasa’s headquarters in 345 S. Grove St., southwestern Denver, Hernandez and Rosas sat at a table presenting their plans to business advisors.
Mi Casa serves approximately 1,800 low-income earners each year, providing training and expertise to start careers and small businesses. Mi Casa also serves other people, including immigrants from Africa, but the average client earns less than $ 20,000 a year before asking for help, mostly Latina. For 45 years, Mi Casa has helped the most vulnerable populations of Metro Denver find a “way” to success. This is one of the programs supported through the Denver Post Community Foundation’s Season to Share program.
“We don’t want people to get the minimum wage job,” said CEO Angeles Ortega. “We want to put people in a career that can build wealth between generations.”
The idea is to allow homeowners and create stability so that children can embark on their own path. Ortega said it was a difficult battle, pointing out demographic data showing that the wealth gap in the United States is widening.
Large companies and well-funded tech startups seem to be easily raising money. Still, locally owned small businesses are usually run by women who manage their expenses with their personal credit cards and play an important role in the neighborhood, Ortega said. “And they usually don’t get any investment in venture capital.”
In addition to career and business training, Mi Casa’s headquarters, built in 2017, has a 42-unit apartment complex called Terraza Del Sol, which costs $ 506 per month, depending on family income and family size. Varies. The location includes a patio, fitness equipment and a kitchen.
Mi Casa caseworkers provide multiple consultations. They also answer calls from clients when they embark on their path. For example, bilingual business adviser Javi Martínez recently provided critical assistance to an 82-year-old woman who has been running a hair styling shop since 1964 and needs immediate guidance. She has been closed since the COVID-19 pandemic began last year, but now her rent is stagnant. She faced demands, and her only income is a monthly social security payment of $ 534. Her husband died and she wanted to sell the company and avoid declaring bankruptcy.
Such pain became common during the pandemic, Martinez said. “Many people face stressful situations and seem desperate.”
The obstacles that clients encounter as they work to shape their future can feel overwhelming. The Mi Casa team can help break down failures into manageable solutions.
“We can’t afford to pay for their college right now,” he told Mark Weidman, a business adviser who previously ran a real estate business in Arizona, about the couple’s four children.
Rosas said he hopes to make at least $ 1,000 more every month by starting his own company. Weidman listened, said it sounded reasonable, and took notes. He said he would try to guide them step by step to the couple.
Two of their children recently graduated from high school. Two more will do so in the next few years.
Weidman asked if they knew about financial assistance. Depending on your family’s income, you may be eligible for high school graduates. This came in the news, and Hernandez soon wanted to know more from college officials. “How can I connect with them?”
Organization name: Mikasa Resource Center
address: 345 S. Grove St., Denver 80219
Number of workers: 32
Annual budget: $ 3.7 million
Mi Casa helps Denver’s most vulnerable residents launch careers and small businesses Source link Mi Casa helps Denver’s most vulnerable residents launch careers and small businesses