Tannis


Status: Paying Back

$2,000.00   Loan Amount
7% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Tannis
Location: East Palo Alto, United States
Activity: Services

About the Loan

Loan Amount: $2,000.00
Loan Use: Two heavy duty vacuums, outside storage, cleaning supplies
Repayment Term: 26 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Aug 26, 2009
Date Disbursed: Aug 11, 2009
Date Funded:Aug 27, 2009

About the Country

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



"'Maid by Me' allows me to control my own destiny and make my own success.”

Tannis, known as “Tan,” had her own greeting-card business in Canada before she came to the U.S. in 2003. She had no experience in the cleaning industry, but fell into it when a friend asked her if she wanted to earn some extra money by helping a family member paint his house. The homeowner was so impressed by her work that he asked for her housekeeping help on a regular basis

In the last year, Tan has quickly built a base of 20 clients for her residential janitorial service business, Maid By Me, and has developed a following on Yelp.com. Tan differentiates her business by using only natural cleaning products like baking soda, vinegar, steam, and lemons. She loves a challenge now and then, like carpet stains, candle wax, and hard water deposit removal. She prides herself in not leaving anything unfinished.

Currently, Tan does not have the equipment or staff to service more than three houses a day, and has to turn down clients. Her lack of credit history made her ineligible for a bank loan or a credit card. She is grateful for a $2,000 loan from Opportunity Fund, which she will use to purchase two heavy-duty vacuums, cleaning supplies, and an outdoor storage container.

Tan has one dedicated full-time employee, and in the future would like the ability to add to her staff so she can take on more of a business management role.

She says, “One day when I expand, my staff will clean as I do...no exceptions! I’ve been running the show for about a year and a half now with much success. Success in my definition is keeping my clients happy--not just satisfied.”

Learn more on the Maid by Me website at http://www.creamofthecrops.toesinthegrass.info/html/maid_by_me.html .




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 Tannis


Loan has been disbursed
 
Entrepreneur: Tannis
Location: East Palo Alto, United States

Thank you for your loan. It has been disbursed to Tannis 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 East Palo Alto, United States
Aug 28, 2009
Comment on this entry

Kiva Help Repayment Schedule for Tannis

  Expected Repayments Actual Repayments Comments
November 2009 $74.74 $74.80 Repayment Received
December 2009 $77.88 $77.93 Repayment Received
January 2010 $77.99 Available Jan 1  
February 2010 $78.91 Available Feb 1  
March 2010 $79.06 Available Mar 1  
April 2010 $79.60 Available Apr 1  
May 2010 $81.15 Available May 1  
June 2010 $80.69 Available Jun 1  
July 2010 $81.54 Available Jul 1  
August 2010 $81.80 Available Aug 1  
September 2010 $82.62 Available Sep 1  
October 2010 $82.92 Available Oct 1  
November 2010 $83.48 Available Nov 1  
December 2010 $84.26 Available Dec 1  
January 2011 $84.63 Available Jan 1  
February 2011 $85.38 Available Feb 1  
March 2011 $85.79 Available Mar 1  
April 2011 $86.37 Available Apr 1  
May 2011 $87.31 Available May 1  
June 2011 $87.55 Available Jun 1  
July 2011 $88.23 Available Jul 1  
August 2011 $88.75 Available Aug 1  
September 2011 $89.40 Available Sep 1  
October 2011 $89.95 Available Oct 1