Women's Economic Self-Sufficiency Team (WESST)

Founded in 1988, Wesst is committed to diversity, equity and inclusion in our economy. To this end, Wesst targets its services to women, people of color, low-wealth individuals and other marginalized populations who face significant challenges in starting and growing a successful business. Wesst offers comprehensive bilingual business services from the pre-startup stage through growth and repositioning. Over the past 3 decades, Wesst has facilitated the start-up of 2,760 new businesses, the creation of 5,688 new jobs and over 11.0 million loaned to a client base which is 65% female, 65% minority and 60% persons of low wealth. Headquartered in albuquerque, Wesst serves the entire state of new mexico through its regional office network in farmington, hobbs, las cruces,(continued on schedule o).

Financial assistance: at december 31, 2022, Wesst had 78 loans outstanding totaling approximately 832,116. These loans are for small businesses which are unable to obtain financing from banks or other traditional services, and assistance in accessing other financial resources.