Press Release: MBF Provides Loan to FAMA Publishing, Inc., a Media Company Serving as a Cultural Voice for the Latino Community.
Date: August 27, 2015
(305) 379-7070 Ext. 201
With the support of MBF, Ileana is able to continue to grow her business and represent the Latino community and other cultures around the world.
The loan from MBF will spur FAMA Publishing’s growth from a traditional media to a modern publishing company and support our new venture producing content for online social media and television with the Hispanic TV series “Descubriendo Historias”. – Ileana Muñiz, Founder and Executive Director of Fama Publishing, Inc.
FAMA Publishing, Inc., is one of the 35+ minority-owned companies that the MBF has provided a loan to in the past four years in an effort to advance economic development in the City of Miami. Other companies that have received loans from the Foundation include Panther Coffee, Sugar Yummy Mama, FAMA Publishing, Two Coats Painting, Miami Smokers,Moonlighter and Bunnie Cakes.
Minority entrepreneurs have limited access to funding and the MBF aims to fill this the gap through the creation and administration of loan programs for minority businesses, through the creation of programs and educational scholarships for minorities, and by providing technical assistance to local organizations engaged in economic development.
The MBF, a City of Miami-based nonprofit established in 1986, has awarded 504 scholarships to City of Miami minority students attending Miami Dade College, Florida International University, Florida Memorial University and Miami Dade Public High Schools. In the last four years is has also awarded forty-one loans to minority-owned businesses that have helped create more than 200 jobs in the City of Miami, and created partnerships that have helped train more than 100 City of Miami minority business owners.
Clip from Descubriendo Historias episode on Philadelphia. Descubriendo Historias is a 13 episode cultural show aired since 2013 on CNN Latino, MUNDO FOX and MEGA TV Direct TV 405.
Hillary Clinton introduces FAMA Awards in 2000.