Originally from Cuba, Jesus was employed at a corporate cleaning service but with the birth of his 19-month-old daughter, he decided that it was time to take his financial future into this own hands. He is currently the manager of his own night cleaning service. With the help of his wife, he has begun to build a reputable cleaning service. Together they have worked hard to build the number of clients the business services and improve the quality of their service.
With this loan from ACCION USA , Jesus will be paying franchising fees for his business and truly establishing himself as his own boss. This will also enable him to solidify his credit history for the future when he is finally able to expand his business.
Jesus’ hope is that he will be able to grow his business enough that he can quit his second job as an airport driver and spend more time with his growing family. Beyond supporting his family Jesus also wants to be able have a strong reputation in his community as a formidable businessman.
About U.S. Microfinance and ACCION USA:
An estimated ten million small businesses in the U.S. face difficulty obtaining loans from traditional banks, even prior to the current “credit crisis”. Microfinance institutions like ACCION USA support these “unbanked” small businesses by giving them access to fairly priced capital and business education. Small businesses also help stabilize low- to moderate-income neighborhoods and rebuild our economy through income growth and job creation. Self-employment provides workers with a way to increase their incomes, support their families, and strengthen their communities. The need for support of small businesses in the U.S. is great, and it is one that ACCION USA has been striving to meet since 1991.