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SBA chief Maria Contreras-Sweet on micro-lending and the minimum wage
SBA chief Maria Contreras-Sweet on micro-lending and the minimum wage

Maria Contreras-Sweet, who assumed the reins as head of the U.S. Small Business Administration five months ago, stopped in downtown Los Angeles this week during a West Coast tour to discuss micro-lending, immigrant entrepreneurship and access to capital. Addressing a packed luncheon crowd at City Club Los Angeles, part of the Town Hall Los Angeles speaker series, she expounded on her efforts to streamline the lending process and promote job creation. Contreras-Sweet immigrated to L.A. from Guadalajara, Mexico, with her mother and five siblings when she was 5 years old. She became a member of President Obama’s cabinet after helping found commercial bank ProAmerica, venture capital...

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