Inspired by her love of New Orleans and the French Quarter, Cynthia started Sugar Cane New Orleans Molasses Bakery, LLC. Using only quality ingredients, she hopes to sell her cookies wholesale to many of the local retailers in the French Quarter.
After Hurricane Katrina required the office that she worked in to relocate to the French Quarter, Cynthia had an opportunity to rediscover the city's famous cornerstone neighborhood. Exploring the French Quarter on her lunch breaks, Cynthia, a New Orleans native, fell in love with the city all over again. Wanting to start a business that celebrated the food and history of this unique city, she created the "NOMO" cookie. A certified product of Louisiana, these New Orleans Molasses (NOMO) cookies are made with Steen's sugar cane syrup and each cookie is pressed with a vintage 18th century Louisiana antique mold. The NOMO cookie is representative of the city and history that inspired it and the love that Cynthia has for creating them.
After being unsuccessful in finding other options to fund her business, Cynthia turned to Kiva to help her grow her business. With her Kiva loan Cynthia will purchase a professional dough sheeter that will allow her to create a consistent product.
This loan has been made as a part of Kiva New Orleans and in partnership with Good Work Network and ASI Federal Credit Union. Kiva New Orleans is a part of Kiva City, a program where Kiva works with community organizations and field partners in the United States to provide local small businesses with microloans. Learn more at kiva.org/neworleans.
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.