Alix
Status: Paying Back
| $10,000.00 | Loan Amount |
|---|
0% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Alix |
|---|---|
| Location: | Berkeley, California, United States |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $10,000.00 |
|---|---|
| Loan Use: | To lease showroom space |
| Repayment Term: | 38 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Oct 26, 2009 |
| Date Disbursed: | Oct 14, 2009 |
| Date Funded: | Nov 19, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | Opportunity Fund |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Pilot |
| Time On Kiva: | 5 months |
| Kiva Entrepreneurs: | 43 |
| Total Loans: | $257,925 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | United States |
|---|---|
| Avg Annual Income: | $47,000.00 |
| Currency: | United States Dollars (USD) |
Alix started buying used items and reselling them online as an after-school job in high school. Over time, she learned a lot about the fashion industry and founded “Apocalypse Vintage” in Portland, Oregon, two years ago. She began selling vintage clothing online and to local thrift stores and eventually employed a staff of seven people. For Alix, her company and vintage clothing represent a way for people to express their unique style and have a positive body image.
When the economy slowed down last year, Alix made the decision to downsize and move her business down to San Francisco, to take advantage of the more vibrant fashion industry in the Bay Area. With a $10,000 loan from Opportunity Fund, she recently signed a lease for a 9,000 square foot warehouse that will not only house her clothing inventory but also have space for fashion shows and photo shoots.
In the future, Alix hopes to sub-lease warehouse space out to other artists and develop a print production company. Asked where her business would be without Opportunity Fund, Alix is honest “I don’t know, but I think I would have had to grow much slower and put my dreams on hold.”
Visit: apocalypsevintage.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."
When the economy slowed down last year, Alix made the decision to downsize and move her business down to San Francisco, to take advantage of the more vibrant fashion industry in the Bay Area. With a $10,000 loan from Opportunity Fund, she recently signed a lease for a 9,000 square foot warehouse that will not only house her clothing inventory but also have space for fashion shows and photo shoots.
In the future, Alix hopes to sub-lease warehouse space out to other artists and develop a print production company. Asked where her business would be without Opportunity Fund, Alix is honest “I don’t know, but I think I would have had to grow much slower and put my dreams on hold.”
Visit: apocalypsevintage.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 Alix
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Loan to Alix in United States has been 100% funded
Location: Berkeley, California, United States
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Posted by
from Berkeley, California, United States
Nov 19, 2009 |
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Comments (1)
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Repayment Schedule for Alix
Repayment Schedule for Alix
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $189.79 | Available Jan 1 | |||
| February 2010 | $185.61 | Available Feb 1 | |||
| March 2010 | $184.91 | Available Mar 1 | |||
| April 2010 | $185.89 | Available Apr 1 | |||
| May 2010 | $191.66 | Available May 1 | |||
| June 2010 | $187.90 | Available Jun 1 | |||
| July 2010 | $190.43 | Available Jul 1 | |||
| August 2010 | $189.92 | Available Aug 1 | |||
| September 2010 | $192.39 | Available Sep 1 | |||
| October 2010 | $191.95 | Available Oct 1 | |||
| November 2010 | $192.97 | Available Nov 1 | |||
| December 2010 | $195.36 | Available Dec 1 | |||
| January 2011 | $195.04 | Available Jan 1 | |||
| February 2011 | $197.37 | Available Feb 1 | |||
| March 2011 | $197.13 | Available Mar 1 | |||
| April 2011 | $198.18 | Available Apr 1 | |||
| May 2011 | $202.81 | Available May 1 | |||
| June 2011 | $200.31 | Available Jun 1 | |||
| July 2011 | $202.50 | Available Jul 1 | |||
| August 2011 | $202.45 | Available Aug 1 | |||
| September 2011 | $204.59 | Available Sep 1 | |||
| October 2011 | $204.62 | Available Oct 1 | |||
| November 2011 | $205.71 | Available Nov 1 | |||
| December 2011 | $207.75 | Available Dec 1 | |||
| January 2012 | $207.91 | Available Jan 1 | |||
| February 2012 | $209.89 | Available Feb 1 | |||
| March 2012 | $210.13 | Available Mar 1 | |||
| April 2012 | $211.25 | Available Apr 1 | |||
| May 2012 | $213.91 | Available May 1 | |||
| June 2012 | $213.51 | Available Jun 1 | |||
| July 2012 | $215.34 | Available Jul 1 | |||
| August 2012 | $215.80 | Available Aug 1 | |||
| September 2012 | $217.57 | Available Sep 1 | |||
| October 2012 | $218.10 | Available Oct 1 | |||
| November 2012 | $219.26 | Available Nov 1 | |||
| December 2012 | $2,950.09 | Available Dec 1 | |||
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