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Rubia established Espy Alterations & Boutique 15 years ago as an alterations, dry cleaning and fashion boutique. She is trying to revamp the business and bring in new services such as dry cleaning pickup and delivery and business to business sales. Rubia hopes her new marketing strategy will generate more revenue and create a full time job for her current part-time employee. She would like a loan of $5,000 to help with inventory and business improvements.

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
  • 31
    View loans »
    United States Loans Fundraising
  • $12,688,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD