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LBAN Alumni Success Story: Milagros de Mexico Achieves 20% Revenue Growth

We are thrilled to announce that one of our alumni from LBAN's Business Scaling Program at Stanford, Mauricio Simbeck from Milagros de Mexico, has achieved an outstanding 20% revenue growth in the closing of 2022! It is a remarkable accomplishment that reflects the dedication and hard work of their team, and we are delighted to share their success story. After the scaling program, Milagros de Mexico has set ambitious goals for the upcoming years. They plan to take their business to new heights by achieving a growth of 40% in 2023 and 2024. We wish them nothing but the best in the future and hope to hear more of their success further down their path!David Favela, the founder and CEO of craft brewery Border X Brewing, speaks with Elian and Juleyka about crowd-funding for capital, using data to discover who his customers really are, and going against industry norms that often overlook Latinos and women.


About Milagros de Mexico

Milagros de Mexico, is a bicultural retail company dedicated to improving the health of the Latino community by providing high-quality health and wellness products at affordable prices. At its bi-lingual health clinic located inside a Milagros de Mexico retail store in San Francisco, the company delivers medical services under the Milagros Medical banner. Milagros Medical provides easy access to health services for low-income patients, with a focus on education and preventative healthcare. The clinic strives to be the most affordable healthcare practice serving the Latino community and to provide affordable healthcare services on behalf of the uninsured.

With stores in the S.F. Bay Area, Los Angeles, and Houston, it offers a unique selection of U.S. and Latino health and wellness brands, including medicines, dietary supplements, and herbal remedies. Its retail stores feature a fully bilingual staff and extensive information on preventative care, nutrition, wellness, and more.

With Milagros de Mexico's new success, they will keep rising to new heights and will be able to have an amazing impact on the Latino community.

Mauricio Simbeck

Milagros de Mexico, CEO

San Francisco, CA

Impact of LBAN's Business Scaling Program at Stanford on Milagros de Mexico

"The LBAN program has given us exposure to other entrepreneurs, sources of funding, and media." - Jaime Martinez

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