Jesus E. describes himself as an active entrepreneur. His family has background in carpet cleaning and maintenance, which is why he opened J.M. Carpet Care Sale Installation four years ago. He employs two other people and, through his business, supports his wife and children.
Jesus E. says this is the first time he has accessed credit. He will use this loan to increase his publicity, and to have in-hand cash flow for one employee.
In the future, Jesus would like to make enough profits to be able to rely on his business for financial independence. He would like to get a house, have his own equipment, and eventually buy a bigger company – like a restaurant. He thinks that will take him about five years.
Jesus E. advises new business owners to really research how businesses work. He says a lot of people that want to start a business are very excited. But when they go to open the business, there are a lot of legal processes they’re not aware of. So he advises them to focus 100% on their business for a good year. It took him that long to establish a good foundation for his business.
Jesus E. is proud of his knowledge and experience, because it means he can offer the best service to his clients. He is proud of being professionally independent, and driving his own schedule.
LiftFund. (www.liftfund.com) is an award-winning nonprofit organization (previously known as Accion Texas) with a mission to provide credit and loans to small and start-up businesses that have limited or no access to credit from commercial sources. Established in 1994 in San Antonio, LiftFund has helped Texas and Louisiana entrepreneurs strengthen their businesses, stabilize and increase their incomes, create employment, and contribute to the economic revitalization of their communities. Learn more at www.liftfund.com.