Socorro seeks $5,000 to upgrade the food truck to meet health department codes. The fire sprinklers, ventilation system and sink plumbing need to be upgraded, and a new public health permit needs to be purchased. She must also purchase new blades for her commercial juicer and ice machine, as well as, obtain a new motor for her freezer and new cutting boards and cutlery.
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 InformationValley 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.
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Success!! The loan was 100% repaid