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Helena
Helena's business, Jamboree Party Rentals, provides inflatables and games for parties, special events, festivals and carnivals. In 2002, Helena used her retirement savings to purchase a single inflatable bouncer. The demand for that bouncer was far beyond her wildest expectations. Since then, Jamboree has grown to include ten bouncers, carnival games, and other party favorites.

As the owner and administrator, Helena handles the day-to-day paperwork and scheduling while her husband, James, handles the delivery and customer service aspects of the business. Helena has three children ages 23, 15 and 10 and says that her family and even her extended family are involved in the business.

With the continuing success of Jamboree Party Rentals, she hopes to expand the rental business to an indoor facility. Currently Jamboree Party Rentals is a seasonal business and weather is a big factor in its success and an indoor facility will allow Helena to host parties throughout the year. She hopes Jamboree becomes a party destination for the entire Detroit metro area. This loan will be used to secure a lease for an indoor facility and to purchase new inflatables, party room equipment and supplies to get the entertainment room up and running.

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
  • 16
    View loans »
    United States Loans Fundraising
  • $11,007,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $8,550 helped Helena to secure a lease for an indoor party facility.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2012
Listed
Jun 29, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014