Jonathan – Fresno CDFI
A loan of $2,000 helps Jonathan to purchase a vehicle for mobile sales of his clothing line.
Jonathan knew he wanted to start a business in middle school. He loved to draw and was interested in cars. These two passions came together in the concept of a new brand he created called “Low.Lyfe Clothing”. Jonathan sells T-shirts, stickers and other accessories at car meets throughout central California. Until now, he has depended on friends to get him and his products to the meets. This $2,000 loan will assist Jonathan with the purchase of a vehicle that will double as a mobile store. He intends to use shelving to display his products out of the trunk of the vehicle. (Read more…)
Posted 9/7/13
Alicia – Fresno CDFI
A loan of $10,000 helps Alicia to purchase equipment for a children’s amusement ride.
Alicia has an enormous passion and vision for providing children between the ages of 2 and 13 with children’s amusement. She wants to help children develop their social skills and independence, with a focus on children with autism. “I have a six year old with autism. My husband and I feel that there is a need for different types of children’s entertainment, besides the typical bounce houses,” says Alicia. (Read more…)
Posted 9/18/13
Dila – PACE
A loan of $2,500 helps Dila to get the license and purchase equipment for her sun spray tan business.
After graduating from college, Dila decided to move to Los Angeles and find a job. Dila found a job, but she quickly realized something was not right. Dila knew that she was an entrepreneur at heart, and she had always dreamed of starting her own business. She has now decided that it is time for her to start her own sun spray tan business. Her goal is to own her own tanning salon and become a successful entrepreneur. A $2,500 Kiva loan will help her attain the required licenses and capital needed to purchase the equipment and material to start her business. (Read more…)
Posted 9/25/13
Mahideh – PACE
A loan of $8,425 helps Mahideh to purchase restaurant equipment, make tenant improvements, and supply working capital for day-to-day operation.
Mahideh, a Persian refugee from Iran, came to the United States on January 25, 2012. After completing the Welfare for Work program, Mahideh was not able to secure a full-time job. However, her entrepreneurial spirit constantly drives her to seek business opportunities. Mahideh knew she had many hurdles to overcome, and her experience told her preparation is the key. She came to PACE Business Development Center seeking assistance. She needed a business start-up loan to purchase restaurant equipment, make tenant improvements, and supply working capital for her day-to-day operation. (Read more…)
Posted 9/27/13