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Sarah
After working fifteen years cleaning hotel rooms, Sarah had to undergo surgery to help remedy the carpal tunnel syndrome she had developed. At age 39, while recovering from her surgery, she knew she could not continue a life where she was unable to care for her husband, daughter and even herself. Sarah was determined to improve her own and her family’s quality of life and in January 2010, she opened up a child daycare center.

Sarah charged to her credit card $2000 worth of materials, toys, and decor and converted her living room into a children’s playland. Her current CDA (Child Development Associate) license allows her to take care of five children. As more parents have expressed interest in her services she has now applied for a CDA license that will allow her to take care of ten children. She has hired two part-time assistants and they are currently being reviewed for their CDA credentials.

As her business continues to grow rapidly, Sarah came to ACCION USA for a microloan that would help her expand her daycare with more toys, puzzles, books, instruments, paints, and nap mats that could accommodate the children that are on her wait-list. She has calculated that once she is taking care of ten children she will be able to pay herself a full-time salary and as well as paying the two part-time assistants.

Sarah says she feels blessed to be a business owner, especially because it has allowed her time to dedicate to her daughter and husband. She feels a sense of accomplishment and credits ACCION USA for her even being able to open a business account. Her dream is to go back to school and eventually convert her childcare center into a pre-school.

About United States

  • $47,000
    Average annual income
  • 18
    View loans »
    United States Loans Fundraising
  • $11,097,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $8,450 helped Sarah new staff and remodeling of daycare.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2010
Listed
Apr 16, 2010
Currency Exchange Loss:
N/A
Ended:
May 4, 2011