Page 10 - BEQ Magazine Vol 4 Iss1

Women

Move
on the

JPMorgan Chase helps women

bring business ideas to life

By Julie A. Palm

Rowena Zimmers, who immi- with the financing and resources
grated to the United States from the they need to reach their goals.”
Philippines as a child, took an idea Women on the Move started
to provide housing assistance to in 2013 as an internal JPMorgan
people displaced by disaster, started Chase listening tour to hear from
ALE Solutions in her basement and female employees about barriers
turned it into the nation’s largest to advancement and ways to make
provider of temporary housing for meaningful changes inside the com-
displaced insurance policyholders. pany. The tour grew and expanded
Providing women entrepreneurs beyond JPMorgan Chase. Women
and business owners like Zimmers on the Move now focuses on three
with the financial services they need main areas: expanding women-run
to grow and expand their business- businesses (by improving access to
es is a key mission of Women on capital, networking, expertise and
the Move, a multipronged initia- other resources), improving wom-
Samantha Saperstein, managing director at JPMorgan Chase and head tive from JPMorgan Chase & Co., en’s financial health (by increasing
of its Women on the Move initiative
which has announced a goal to ex- their financial acumen and con-
tend $10 billion in credit to wom- fidence in their financial futures)
en-owned businesses in the next and empowering women’s career
three years. growth (by providing an inclu-
“We’re helping women to bring sive culture, growth opportunities,
their business ideas to life,” says coaching, leadership training, and
Samantha Saperstein, managing family-friendly policies and benefits
director at JPMorgan Chase and to move women into leadership po-
head of its Women on the Move sitions across the company).
initiative since May 2018. “We’re The “2018 State of Wom-
thrilled to be able to help women en-Owned Businesses Report”

10 | March 2019 businessequalitymagazine.com