PEP grows agency

Post date: Jul 06, 2010 6:3:23 PM

Elwood-based crop insurance agency has grown to 16 locations in four states

Photo by Harry Perkins, Kearney HUN

Jim Baldonado of Elwood owns Home Agency, a crop

insurance business that has expanded from Nebraska

into Colorado, Kansas and Iowa over the years.

By HARRY G. PERKINS Hub Regional Correspondent | Kearney HUB on line at: http://kearneyhub.com

ELWOOD — Although life may seem to move slowly in Elwood, at least one business is growing fast.

Home Agency, a crop insurance business based in Elwood, was named the 59th fastest-growing Hispanic-owned business in the United States in 2009 by Hispanic Business News magazine.

Owner Jim Baldonado has expanded Home Agency to 16 locations in Nebraska, Colorado, Kansas and Iowa.

In terms of its size, the agency ranks as the 494th-largest Hispanic-owned company in the United States.

“Anybody can do this. It’s not that I’m better than anyone else. We work hard at it,” Baldonado said.