Tim is a New Orleans police lieutenant about to retire from the force after 31 years.
Six months ago, he bought a travel agency franchise to keep himself busy during retirement. He says, "I always wanted to do something that makes people happy and people are always happy when they go on vacation."
Tim is a "destination specialist." He arranges tours to Africa, China and the Holy Land. He also specializes in cruises. Tim has been on almost all of the major cruise lines and considers himself an expert on the demographics of the clientele on each of the lines. He's traveled to Bermuda, the Bahamas and Alaska.
When asked how he can compete with the online travel services, Tim says that he beats their prices because the online companies charge an additional fee that Tim does not charge.
He heard about Kiva on the radio in New Orleans. Coincidentally, he plans to use his loan proceeds to advertise his business on the radio and also to buy ads on the street cars in New Orleans. Help Tim launch his new business to make people happy.
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.