Jessica is proud to be able to care for children and support families in her Oakland neighborhood through her in-home childcare center. “This is something I have wanted to do since I was a little girl. I was raised in an in-home daycare!”
Before opening her business, Jessica studied early childhood education at a local college and earned her teaching credential while working at a large preschool. Although she appreciates the experience she gained at the preschool, she didn’t always agree with the way programs were run. By opening her own business, she is able to run her center according to her own childcare philosophy.
Jessica heard about Opportunity Fund through a friend, but admits, “It took me a couple months before I even called. I thought they’d never give me a loan because I didn’t have any credit.”
With the help of two interns, Jessica currently cares for eight children, although at full capacity she could care for 14. Enrollment has dropped due to the recession, but she is working hard to attract new clients through word-of-mouth references and by improving her facilities.
With a $5,000 loan, her third with Opportunity Fund, Jessica will transform her run-down yard into an outdoor play space complete with a protective fence, large lawn, and a vegetable garden where the kids can begin to learn about good nutrition.
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."