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Hollywood Rent a Car (HRAC) is a licensed car rental business that also has bicycle rentals and concierge services in two Los Angeles hot spot locations: on Hollywood Boulevard and in the Silver Lake District near downtown. HRAC carries a variety of vehicles, such as economy, compact, full size, electric, hybrids, minivans, SUV’s, pick-up trucks, etc., which are rented to international and domestic tourists, as well as locals who temporarily do not have a car. Bechir has 11 years of experience in the rental car industry and is seeking a loan of $10,000 to purchase two more mid-sized vehicles for his Silver Lake location.

Additional Information

More information about this loan

This loan is part of the Kiva City Los Angeles initiative in partnership with the Los Angeles Mayor's Office of Small Business and VEDC (Valley Economic Development Center). Kiva City Los Angeles 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.  

Important Information

Valley Economic Development Center (VEDC) is a non-profit community development financial institution and the largest provider of loans for small businesses and micro-entrepreneurs in the Greater Los Angeles area. In addition to loans, it offers extensive training opportunities, workshops, consulting and small business support services.

About United States

  • $54,800
    Average annual income
  • 17
    View loans »
    United States Loans Fundraising
  • $12,447,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $10,000 helped Bechir to purchase 2 vehicles.
53% repaid
Repayment Term
62 months (Additional Information)
Repayment Schedule
Aug 9, 2012
Aug 25, 2012
Currency Exchange Loss: