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Herbert
Long-time business owner, Herbert has owned and operated Boyce Suprette Grocery Store in Boyce, Louisiana for more than 25 years. His retail grocery store offers the community fresh and high-quality items at a low everyday price. At his grocery, you can find just about anything, whether you are in the mood for a quick snack or preparing a meal for your family.

Herbert came across Accion Texas Inc. while at the Small Business Development Center in Louisiana. He was referred to Accion and approved to receive a loan, which allowed him to continue to pay his four full-time and two part-time employees, maintain a cash reserve for emergencies, purchase food for stock, and pay for the delivery services of the items.

Herbert thanks his church for spreading the good word about his business and his friends from the community for promoting his store daily by word of mouth. Herbert creates flyers to post around the community to help with advertising, too. These many tactics, along with his Accion loan, have given the store a boost.

In the future, Herbert plans to hire one additional full and part-time employee to assist with the business and continue to be the best local grocer in his community. “Having money available for emergencies and staff without sacrificing is a big help,” said Herbert.

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
  • 17
    View loans »
    United States Loans Fundraising
  • $11,483,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $5,450 helped Herbert to continue to pay his four full-time and two part-time employees, maintain a cash reserve for emergencies, etc.
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2013
Listed
May 29, 2013
Currency Exchange Loss:
N/A
Expired:
Jun 28, 2013