Jennifer Lopez broke down in tears when discussing her partnership with Grameen America in a video which she posted on Instagram on June 11th. The 52-year-old multi-hyphenate will be helping the micro-finance non-profit with its mission of empowering 600,000 Latina entrepreneurs across 50 US cities with $14 billion in business capital, as well as six million hours of financial training and education through her own philanthropic effort Limitless Labs, by 2030.
And she couldn’t help but get emotional when discussing what “being Latino” meant to her.“Being Latino in this country has always been a matter of pride for me,” J-Lo captioned the video, which shows her talking about her involvement in the project, and giving viewers a further insight into what the project entails.
“I am humbled and beyond grateful to partner with Grameen America to accelerate its goal to deploy $14 Billion in life-changing loan capital to low-income Latina entrepreneurs by 2030.”“We will empower more than 600,000 women across the United States and we’re building pathways to employment and leadership opportunities,” the “On My Way” singer’s caption continued. “There’s so much strength in this community and it’s important to me to create equality, inclusivity and opportunity for women in business. Thank you @GrameenAmerica. #LimitlessLabs”
According to the video, the average loan size is about $5,000, and the recipients also receive mentorship and financial literacy education. As expected, Jennifer’s fans were extremely complimentary of her involvement in the project. “@jlo is always TRAILBLAZING and making a HUGE IMPACT on the WORLD!! Thank you for all you do and all the lives you continue to touch daily,” a fan praised in the comments section.
Another stan wrote: “Thank you for doing this JLO since it’s been found that minority women businesses were treated horrendously during the scamdemic by the major banks and government, it’s about time the citizens with integrity start assisting other citizens with integrity now that those with no integrity are trying to control the status quo.” “You gave an incredible and impressive interview. Congratulations Jennifer Lopez,” wrote another, followed by five red heart emojis.