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Moroni
As many successful business owners do, Moroni developed his latest business – Lalo’s Jumpers – to complement an already successful model. His family had already established several party supply companies, but they complained about the exorbitant costs of renting inflatable bounce houses for their clients.

When Moroni looked into the cost and overhead of buying inflatable jumpers and operating a jump house rental business, he knew he had a great idea for a profitable business.

After attending Accion Texas Inc.’s La Idea Business Workshop in Dallas, Moroni was more excited than ever to start his own business. Not only did he have an idea, but he knew he could count on technical assistance and funding from Accion in order to bring that idea to fruition.

With low overhead and sufficient storage to work from home, Moroni is using Accion funding to purchase inflatable jumpers and equipment. Moroni said he knows that his business will succeed because he knows that the demand for inflatable jumpers for children’s parties is tremendous.

Moroni is starting his business part-time on the weekends to supplement other income, but soon he hopes to expand into a full-time business. He hopes to use Accion’s technical assistance and workshops to achieve this goal in the near future.

Additional Information

About LiftFund

LiftFund. (www.liftfund.com) is an award-winning nonprofit organization (previously known as Accion Texas) with a mission to provide credit and loans to small and start-up businesses that have limited or no access to credit from commercial sources. Established in 1994 in San Antonio, LiftFund has helped Texas and Louisiana entrepreneurs strengthen their businesses, stabilize and increase their incomes, create employment, and contribute to the economic revitalization of their communities. Learn more at www.liftfund.com.

About United States

  • $47,000
    Average annual income
  • 19
    View loans »
    United States Loans Fundraising
  • $11,502,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,275 helped Moroni to purchase inflatable jumpers and equipment.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 29, 2013
Listed
Apr 30, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 18, 2015