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Mario
Five years ago, Mario started his own business supplying cleaning necessities to various shops and grocery stores. Having previously owned a similar business in his home country, Mario realized that he had the experience and the know how to start a similar business here in New York. He is now a successful, self-employed, small business owner working hard to support family members still living in the Dominican Republic.



Like many other immigrant business owners, Mario’s start up phase was not an easy one. Having arrived in the United States, Mario had difficulties obtaining loans from banks due to his lack of credit history. Unfortunately this led him to more predatory lending options, forcing him to pay high interest rates and leaving him with little to send home to his family. However after seeing a Univision report on ACCION USA, he approached ACCION USA for a loan and was approved. Mario will use his ACCION USA loan to help him purchase wholesale inventory to sell.



Mario is a firm believer that maintaining client relationships and offering good customer service are key factors in running a successful business. In the future Mario hopes to expand his business and hopes that his success will allow him to provide work for other entrepreneurs.

About United States

  • $54,800
    Average annual income
  • 29
    View loans »
    United States Loans Fundraising
  • $12,247,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Mario buying Cleaning supplies wholesale.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 15, 2009
Listed
Sep 20, 2009
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2011