PAB - News and Information

Loan from PAB Allows Local Organization to offer Micro-Loans to Latino Entrepreneurs
A man with a beard wearing a baseball cap and a black chef's uniform smiles as he hands prepared food to another man through the window of a food truck

March 8, 2024, Tampa, Florida – A food truck business in Florida seems to be a long distance – geographically and culturally – from the Motherhouse of a group of Dominican Sisters in Adrian, Michigan. But the connection is deep and inspiring.

A $100,000 community impact investment from the Adrian Dominican Sisters’ Portfolio Advisory Board (PAB) allowed Enterprising Latinas to apply to become a Community Development Finance Institution and to give low-interest micro-loans to 19 Latino business owners. Among them were Diego Jara and his wife, Yeny Perez, owners of the food truck business So Yummy Birrieria. 

The loan received by Enterprising Latinas was one of nearly 600 community impact investments made by the PAB since 1978. Loans have been made to organizations throughout the United States and in many regions of the world in the areas of worker-owned cooperatives, credit unions, banks, housing projects, and community organizations.

Watch the video and read the entire article about PAB’s impact in Florida by Lizbeth Gutierrez in Spectrum News. 

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Portfolio Advisory Board,  Adrian Dominican Sisters | 1257 E. Siena Heights Drive | Adrian, Michigan 49221
Phone: (517) 266-3523 | Email our office: