Check out other loans that are currently fundraising!
Billy
Billy opened his business, Varsity Sportswear Inc., more than 15 years ago. He has been selling sportswear to a variety of local colleges, high schools and athletic teams, but his business had reached a plateau. He needed to make an investment to reach a new level.

The first step was to diversify his product line. Varsity Sportswear now offers school logo sportswear, as well as accessories, such as North Face duffel bags and backpacks, luggage sets, socks, mugs, hats, license plate holders and other items. The full inventory is available on the company’s website: www.vsportswear.com

To accommodate his increased inventory, Billy applied for an Accion Texas Inc. loan so he can transfer his inventory to a bigger warehouse and pay a Certified Public Accountant. Billy also plans to use the funds to advertise his product line.

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
  • 15
    View loans »
    United States Loans Fundraising
  • $11,272,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $5,450 helped Billy to transfer his inventory to a bigger warehouse, pay a Certified Public Accountant, and to advertise his products.
72% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2013
Listed
May 18, 2013
Currency Exchange Loss:
N/A