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Katie
“The future of our business is bright. My hope is with time and dedication to our customers we will continue to grow and be able to help others reach their dreams.”

Katie's retail business began operating from her Amazon site in January of this year and has been very successful in selling toiletry, crafts and variety products. When she discovered that she could turn her hobby into a business, she and her family dedicated their time to making it a success. Katie decided to devote the website to craft and scrapbooking supplies. In an effort to formalize the business, she incorporated in July and began revamping her existing website, which was separate from her Amazon site. The improved website--due to be launched next month--will be connected to her Amazon site. Katie also works full-time as a paramedic instructor and helps support her family with her business.

She will use this loan to increase her inventory purchases and finalize payments for the website.

Additional Information

More information about this loan

This loan is part of the Kiva City Detroit initiative in partnership with Accion East and Online. Kiva City Detroit is a subset of Kiva City, a program that allows Kiva lenders to make microloans to small businesses in the United States with the help of community organizations and U.S. Field Partners.

About United States

  • $47,000
    Average annual income
  • 17
    View loans »
    United States Loans Fundraising
  • $11,272,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $6,000 helped Katie to buy inventory for business growth and pay for a website.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 18, 2011
Listed
Sep 7, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2013