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Wells Fargo Gives $20,000 for Financial Literacy

Money and Marketing Smarts

Through CommUniverCity’s Money Matters and Marketing Smarts programs, SJSU business students have helped three micro-entrepreneurs who own a cleaning business, a taco stand and a daycare (Bobbi Makani photo).

Wells Fargo has made a $20,000 gift in support of CommUniverCity’s Money Matters and Marketing Smarts programs.

Through these initiatives, more than 300 San Jose State students have conducted financial and tax literacy workshops for 1,300 Central San Jose residents of all ages over the past seven years.

SJSU students teach the curriculum in English and Spanish, the main languages spoken in the community.

Nearly 60 percent of Central San Jose residents speak a language other than English at home, and 68 percent earn less than the $84,000 required in Santa Clara County to meet basic needs.

Money and Marketing Smarts

Youngsters create coin banks as part of CommUniverCity’s Money Matters and Marketing Smarts programs (Viridiana Cisneros photo).

Under the direction of professors Bobbi Makani and Marilyn Easter, SJSU business students have also provided marketing consulting services to three women micro-entrepreneurs who own a cleaning business, a taco stand and a daycare.

The marketing and decision sciences students gain hands-on experience and the business owners receive research otherwise inaccessible to them due to time constraints and language barriers.

The effort has one more important fringe benefit. Students met with the entrepreneurs in the field and at San Jose State.

“That’s a place I never thought someone like me would ever get a chance to set foot in,” said one of the businesswomen.

CommUniverCity San Jose engages residents and students in service-learning projects focusing on neighborhood-driven goals through a cross-sector partnership with the City of San Jose, the residents of Central San Jose neighborhoods, and SJSU students.

Professor of Urban and Regional Planning Dayana Salazar serves as executive director.