Maggie Walker (Courtesy Photo)

The city of Richmond will unveil its new monument honoring pioneering African-American entrepreneur Maggie Walker next month.

The Richmond Times-Dispatch reports the monument to Walker will stand in Richmond’s Jackson Ward neighborhood. An unveiling and dedication will begin the morning of July 15.

Walker was the first African-American woman to charter a bank.

Mayor Levar Stoney said she was “an inspiration to women, African-Americans and entrepreneurs alike.”