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Where does all these Asian people get business, loans, and store supply resources to have a business here? I see Asians, and not american people own gas stations, dollar stores, hotels, products, and clothes store. Is the goverment helping all these foreigners instaded of american people? Or where they are getting all these resouces from?
By Victoria4ever Posted on 09/27/06 Total Answers 5
Answers-
Yes, the government gives immigrants money to start businesses.
Answer by : sway_ii On Date 2006-09-27 10:01:56

My impression/understanding is that many immigrants (not just Asians) will save money to start small and build from there. In many cultures there is also a "collective" approach to start a family business (e.g. pooling resources, multiple family members working in the business). I'm sure loans and other resources become available thru normal channels. But I think it is naive to think that a poor immigrant will just show up on our shores and open a gas station, dollar store, hotel, etc. You say "not american". What does that mean? Just becuase they are of different ethnic background doesn't mean they're NOT American. Ever heard of the american dream? Well you just described it.
Answer by : dapixelator On Date 2006-09-27 10:08:24

from families and their own groups of mutual aids they have their "la raza" kinda thing their own banks and plus their resources there's a lot of Asian people who has money and help each other out they are also very smart people progressive and industruios people and they work hard they like to work and know how to save money but not everyone is like that on top of that mafia money is great to start a business
Answer by : saul_herandez On Date 2006-09-27 10:12:03

Most immigrants are not poor otherwise they would still be back in their old country. Having worked in banking for over 20 years, it is my experience that due to language barriers and other factors, finding a job can be rather difficult for them. They anticipate this and in order to compensate, the elders put up the money (at least 25% of start-up costs) and then any bank will participate with the rest of the required capital. They work hard to make a go of it and the whole family is involved. As they profit, they expand and help other fellow countrymen out. They send their children to college and eventually they fit right in to the national mosaic. It's not as easy as it looks....and the government does not hand out free money to immigrants.
Answer by : Jack On Date 2006-09-27 10:20:04

Actually, asian people don't get loans to start these businesses. They work really hard (some even work up to 18 hours a day) in order to save up enough money to start a business. They don't drive fancy cars or have nice houses, they really scrimp and save. It's old fashioned hard work.
Answer by : duoak On Date 2006-09-27 12:53:26

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