Check out some available loans that are similar to this one!
Luis has a baked goods delivery business. He began his business seven years ago and is proud of the success his venture has become. He is also happy and proud to be able to send his thirteen year old to a good school. He also has two sons who are serving in the Marines.

He bought the business from another man and has increased from two delivery contracts to six major contracts with various bakeries throughout the city. Luis expanded in 2005 with the addition of a brand new van and the hire of an employee. This is his second loan from ACCION USA. Several years ago, Luis requested a loan to insulate the inside of his first van, which proved advantageous for his business by keeping his goods cold and preventing any damage. He has requested a loan to insulate his second van, which will be necessary to keep his goods fresh during the hot New York City summer.

Luis begins his morning with his first delivery route between one and two in the morning. He does three rounds of deliveries throughout the day. In the morning, he’s bringing fresh baked goods to cafes, delis, and coffee shops. Later in the day, he delivers pies and cakes to restaurants. He works with some of the most well-known bakeries in New York City, providing sweets and breads to hundreds of people daily.

About United States

  • $47,000
    Average annual income
  • 33
    View loans »
    United States Loans Fundraising
  • $11,835,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $5,625 helped Luis insulation for his delivary van.
100% repaid
Repayment Term
31 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2009
Listed
Jun 10, 2009
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2010