Valarie


Status: Paying Back

$3,000.00   Loan Amount
12% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Valarie
Location: Hayward, California, United States
Activity: Health

About the Loan

Loan Amount: $3,000.00
Loan Use: Replacement equipment for day spa
Repayment Term: 26 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jul 28, 2009
Date Disbursed: Jul 15, 2009
Date Funded:Jul 30, 2009

About the Country

Country:United States
Avg Annual Income:$47,000.00
Currency:United States Dollars (USD)



After overcoming many hardships, including the loss of her husband to gun violence in 2002, Valarie has finally achieved her long-time dream of owning her own business.

Valarie is the owner of SPA-bulous! A Spa Retreat for FA-bulous Women! in Hayward, CA. SPA-bulous! is a place for women to rejuvenate themselves and also receive education on personal well-being. Valarie has a passion for helping women and keeps the spa open in the evening and weekends to give working mothers access to her services. In addition, SPA-bulous! donates free services to fundraisers for breast cancer, domestic violence, and other charities close to Valarie’s heart.

A single mother, Valarie continues to raise her three-year-old son, work a full time job, and run her business, while trying to complete her bachelor’s degree this fall. She also mentors other single mothers to stay motivated and keep their dream alive.

A $3,000 loan will allow Valarie to replace broken equipment at her spa, such as a steamer and facial bed.


To learn more about SPA-bulous! visit the website at: www.spa-bulous.com



Important Information About This Loan
Kiva realizes that access to credit is a challenge for entrepreneurs everywhere. Kiva started out as a website focused on developing-world entrepreneurs. In June 2009, Kiva began experimenting with allowing entrepreneurs in the United States to raise money on its website. If this is something you support, please feel free to fund this loan. If you have questions, including how an entrepreneur in your neighborhood might get a loan, please visit our Help Center and click on "Loans in the United States."

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Journal entries for Valarie


Loan has been disbursed
 
Entrepreneur: Valarie
Location: Hayward, California, United States

Thank you for your loan. It has been disbursed to Valarie by Opportunity Fund in United States. We are excited to watch this business grow. Over the 24 months of this loan, Opportunity Fund will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Hayward, California, United States
Jul 31, 2009
Comment on this entry

Kiva Help Repayment Schedule for Valarie

  Expected Repayments Actual Repayments Comments
October 2009 $120.12 $120.12 Repayment Received
November 2009 $121.66 $121.66 Repayment Received
December 2009 $122.20 $122.20 Repayment Received
January 2010 $122.29 Available Jan 1  
February 2010 $122.80 Available Feb 1  
March 2010 $122.91 Available Mar 1  
April 2010 $123.22 Available Apr 1  
May 2010 $124.07 Available May 1  
June 2010 $123.85 Available Jun 1  
July 2010 $124.33 Available Jul 1  
August 2010 $124.49 Available Aug 1  
September 2010 $124.94 Available Sep 1  
October 2010 $125.12 Available Oct 1  
November 2010 $125.44 Available Nov 1  
December 2010 $125.87 Available Dec 1  
January 2011 $126.08 Available Jan 1  
February 2011 $126.49 Available Feb 1  
March 2011 $126.73 Available Mar 1  
April 2011 $127.05 Available Apr 1  
May 2011 $127.53 Available May 1  
June 2011 $127.70 Available Jun 1  
July 2011 $128.06 Available Jul 1  
August 2011 $128.35 Available Aug 1  
September 2011 $128.70 Available Sep 1