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The One Smart Cookie Company began as a home-based business in February 2008. Owner and founder, Meiko, worked diligently for several months perfecting an old family sugar cookie and turtle cookie recipe. After completing her final product, Meiko began sharing her sweet creations with family and friends, and received an overwhelmingly positive response. Word spread of Meiko’s delicious delicacies and people began placing orders for all types of parties, celebrations, and other functions. One business owner was so impressed with Meiko’s cookies, that he ordered 115 dozen to be shipped across the United States as gifts for his clients. Needless to say, Meiko quickly outgrew the home and needed to move into a commercial building to support her rapidly growing business.

Today, One Smart Cookie Company has a total of 11 employees operating three locations and has expanded their product line to include deli sandwiches and catering services. In the future, Meiko would love to franchise the company to provide her product to a larger target market.

Meiko will use her Kiva loan to purchase baking supplies and signage for a new location set to open in January 2012.

Additional Information

About ASI Federal Credit Union

ASI Federal Credit Union has been experiencing an increased rate of defaults. This is possibly related to the experimental nature of the loan products the organization provides. In order to serve asset-poor communities in New Orleans -- including many still recovering from Hurricane Katrina and the BP Oil Spill -- ASI offers loan products designed to help people start and grow businesses even if they don't have extensive collateral, credit histories, or business experience. For these reasons, these loans also carry a higher level of risk than typical loans on Kiva.

About United States

  • $54,800
    Average annual income
  • 31
    View loans »
    United States Loans Fundraising
  • $12,688,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $10,000 helped Meiko to purchase signage and equipment for a new location.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Dec 30, 2011
Dec 30, 2011
Currency Exchange Loss:
May 22, 2014