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loanDepot's Finance Leaders Empower Female STEM Students with Mentorship Program

loanDepot's senior finance leaders, Jennifer Edwards, Lisbeth Bustos, and Melissa Zavala, are empowering 200 young women in STEM through financial literacy and mentorship. Their initiative aims to bridge the gender gap in STEM fields and provide essential skills for success.

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Dil Bar Irshad
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loanDepot's Finance Leaders Empower Female STEM Students with Mentorship Program

loanDepot's Finance Leaders Empower Female STEM Students with Mentorship Program

February 13, 2024 - Three senior finance leaders from loanDepot, Jennifer Edwards, Lisbeth Bustos, and Melissa Zavala, have embarked on a mission to support and empower female students pursuing STEM careers at California State University, Fullerton. They launched a mentorship program for 200 young women, aiming to bridge the gender gap that still persists in the fields of science, technology, engineering, and mathematics.

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Breaking Barriers: loanDepot's Mentorship Program for Women in STEM

According to the National Center for Women & Information Technology, women represent only 26% of the STEM workforce. This disparity is a concern that loanDepot's senior finance leaders are addressing head-on. To combat this issue, Edwards, Bustos, and Zavala have taken the initiative to guide and inspire the next generation of female innovators.

The mentorship program focuses on financial literacy, a crucial skill for success in today's world. During their first meeting, the mentors led a discussion on the importance of financial literacy in daily life and careers. They emphasized how understanding financial concepts can lead to better decision-making, self-sufficiency, and ultimately, financial freedom.

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Financial Literacy: The Key to Unlocking Potential

"Financial literacy is more than just being able to balance a checkbook," said Jennifer Edwards. "It's about understanding the power of money and how to make it work for you. As women in finance, we want to share our knowledge and experience with these young students to help them succeed."

During the mentorship program, Edwards, Bustos, and Zavala will work closely with the students, providing academic support, networking opportunities, and valuable insights into the financial services industry. They aim to instill values of respect and responsibility while fostering a sense of community among the participants.

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Investing in the Future: Scholarships and Support for Women in STEM

In addition to mentorship, loanDepot is also committed to supporting scholarships and programs that encourage women to pursue STEM careers. According to the American Association of University Women, women in STEM fields earn 20% less than their male counterparts. By investing in these initiatives, loanDepot hopes to help level the playing field and create a more inclusive environment for women in STEM.

Lisbeth Bustos, an alumna of the Anaheim Union School District, feels a deep sense of responsibility to guide the students' futures. "I know firsthand the challenges that young women face when pursuing a career in STEM," she said. "I want to show them that they can accomplish great things and break through the gender gap in the STEM workforce."

As part of their commitment to increasing diversity in STEM fields, loanDepot is also proud to support the American Heart Association's efforts to promote women's health and well-being. By investing in the future of women in STEM, loanDepot is not only empowering the next generation of innovators but also contributing to a more equitable and prosperous society.

In conclusion, the mentorship program led by loanDepot's senior finance leaders is a significant step towards bridging the gender gap in STEM fields. Through financial literacy education, academic support, and networking opportunities, these mentors are empowering young women to succeed in their careers and make a lasting impact on the world.

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