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Jesse
Jesse owns and operates JaeUndreas, an Austin hair salon specializing in non-chemical treatments and styling. Hair styling is in his blood, Jesse said, as he comes from a family of hair stylists. Before birth, his aunt owned and operated a salon that has now been in business for about 50 years. "I've always wanted to work for myself and just kind of make my mom proud," he said. "That was my goal though I began as a cook."

Jesse sensed there was a lack of knowledge and a pool of stylists attempting non-chemical treatments, so he made it top priority to go to school and change his career. Non-chemical does not mean that he does not know how to dye hair or care for chemically treated hair. His business niche is to work with such natural hair styles as dread locks, which he has been doing for 30 years, braids, corn rows, teasing, and the like.

Jesse had done business in Louisiana since 1996 until Hurricane Katrina devastated the state in 2005 and prompted him to re-locate to Texas. So he's especially appreciative of the lending assistance he received from ACCION Texas Inc., as he found re-starting his business in a different state was a complicated endeavor.

He employs 11 hair stylists and plans to hire more within the next year. In order to do that though, he will need a larger building in Austin's downtown. This, he said, may necessitate another loan. For the time being, Jesse is using the money to replace two styling chairs, purchase two TVs (which his clients have requested), and use the rest for marketing. The loan from ACCION Texas allows him to respond to clients' requests and recommendations. "It's all about them," he said.

Check out his websites at: www.jaeundreas.net, www.jaeundreas.com or his Facebook page at http://www.facebook.com/#!/profile.PHP?id=100000778225617.

Additional Information

About LiftFund

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.

About United States

  • $47,000
    Average annual income
  • 20
    View loans »
    United States Loans Fundraising
  • $11,487,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $6,150 helped Jesse to purchase styling chairs and TVs.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2012
Listed
Feb 6, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 22, 2014