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| | SR0844 | | LRB103 39937 MST 71023 r |
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1 | | SENATE RESOLUTION
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2 | | WHEREAS, The members of the Illinois State Senate wish to |
3 | | recognize the First Women's Bank during Women's History Month |
4 | | for their advocacy for women and dedication to supporting |
5 | | women and minority-owned business; and
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6 | | WHEREAS, Women's History Month provides a powerful |
7 | | opportunity to elevate women entrepreneurs and the role of |
8 | | women in the economy; and
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9 | | WHEREAS, Women have been and continue to be leaders in the |
10 | | forefront of business and other fields and now represent |
11 | | approximately half of the workforce of the United States; and
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12 | | WHEREAS, Women were not given the right to obtain credit |
13 | | cards until the 1970s, and they have routinely faced |
14 | | difficulties securing commercial financing, creating a |
15 | | significant gender gap in lending and setting women |
16 | | entrepreneurs behind; and
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17 | | WHEREAS, Women receive just 16% of all conventional |
18 | | business loans and just 4.4% of the total dollar amount, |
19 | | limiting their businesses from reaching their full potential; |
20 | | and
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