Dear Gwendolyn:

I am sick of the unfairness being done to poor people. This is the problem: Six years ago my daughter (now age 32) applied for a small business loan. To date, she still has not been approved. She has applied each year for the loan.


I taught my children not to work for others but instead start their own. I have a 40-year-old son who also tried to get a business loan and gave up. He also applied year after year but nothing was approved. I find this practice to be unfair. Other people are getting the loans and we are being overlooked.

My son’s fiancé broke off with him because each year he promised her that he (they) would have their own business and become rich. My son lives with me and my daughter lives with me. They are with me because I told them not to work for others, but to get their own. Was that wrong?—Rhoda

Dear Rhoda:

I am saddened to know you misguided your children. Let me tell you this: Depending on the type of business they want (or what your son wanted) you have to sacrifice to generate start-up money. There are funds available without repayment. However, most loans require 25 percent as collateral. I agree with you that business loans are not being awarded equally.

Think about it. When you refer to, I assume, you are speaking of your race being ignored. When the term minority was used to change the Civil Rights Bill, money became widespread. However, it is not correct that all who apply are awarded.

Rhoda, in six years your daughter could have worked on a job and saved her pennies in a jar to become a success. All business owners do not become rich. It is hard work and determination that makes one eventually go to the bank—to deposit.

(Got a problem, write to Gwendolyn Baines at: P. O. Box 10066, Raleigh, NC 27605-0066 (to receive a reply, send a self-addressed stamped envelope.) Or e-mail her at: gwenbaines@­ or visit her website at:

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