Check out some available loans that are similar to this one!
Ana
“Traditionally, the pet industry wasn’t very cool, especially the products available for larger dogs,” explains Ana, the owner of Paco Collars. With her line of handcrafted leather collars and leashes, Ana is looking to change that, one pet at a time.

Paco Collars is located in Berkeley, California, and is part artists’ workshop, part retail store, and part classroom. Ana and her employees craft high-quality collars and leashes right in the shop, as well as hosting classes in leatherwork.

Ana started her business in 2002 after she began getting requests from friends for collars similar to the one she had made for her own dog, Paco. “A business adviser suggested that I make the designs and send them to be manufactured in China,” she says, “but that was the opposite of what I wanted to do. I was excited to create jobs for artists, and to keep the manufacturing process local.”

Ana now employs five part-time workers, and calls in extra help for big orders. However, as demand for her products has increased, She has had trouble finding financing to buy new machines because she doesn’t have an established credit history. A $1,000 loan from Opportunity Fund will allow her to purchase new supplies to boost her inventory and, at the same time, build a credit history for future loans. “You can’t make money unless you can process money,” she says, “but you can’t process money unless you have a line of credit. A company needs it’s own line of credit – this loan is pivotal.”

In the future, Ana would like to see a branch of Paco Collars open in New York City. “Our goal is to create a brand within the pet industry. We want to build the most responsible, ethical company we can, sticking to the things we believe in, but bigger.”

Find out more about Ana and Paco Collars at http://pacocollars.com.

Additional Information

Important Information

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."

About United States

  • $47,000
    Average annual income
  • 16
    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 $1,000 helped Ana to buy more supplies to increase her pet collar and leash inventory and to build a credit history.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2010
Listed
Oct 13, 2010
Currency Exchange Loss:
N/A
Ended:
Oct 20, 2011