It's a small-business world U.S. entrepreneurs power era of unprecedented prosperity FINAL Edition

Five years ago, Christina Diaz Lopez invested her life savings of $15,000 in the failing San Fernando Beauty Academy outside Los Angeles. She worked hard, offered English classes to her mostly Hispanic students and obtained a series of bank loans. Today, at 36, the resourceful Lopez is thriving. And...

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Bibliographic Details
Published inUSA today (Arlington, Va.)
Main Author Meyers, Bill
Format Newspaper Article
LanguageEnglish
Published McLean, Va USA Today, a division of Gannett Satellite Information Network, Inc 30.07.1999
Subjects
Economic impact
Entrepreneurs
Small business
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Summary:Five years ago, Christina Diaz Lopez invested her life savings of $15,000 in the failing San Fernando Beauty Academy outside Los Angeles. She worked hard, offered English classes to her mostly Hispanic students and obtained a series of bank loans. Today, at 36, the resourceful Lopez is thriving. And with 15 employees, her business grosses $65,000 a month. But more important, she is grooming a new generation of beauticians who are starting their own salons in southern California. Lopez is making the economy look good. And like legions of entrepreneurial risk-takers who have spread hope, growth and opportunity throughout the USA, she has ushered in an era of unprecedented prosperity.
ISSN:0734-7456