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Kenneth
Kenneth sells frozen goods through his business, W's Meats and Seafood Distribution Company, a business he started about two decades ago.

According to his website, “Our goal has always been to provide our customers with quality meats and seafood at low prices.” Serving his hometown of Houston and its surrounding areas, Kenneth delivers to customers Monday through Saturday until 5:00 p.m., offering T-bone steak, catfish fillet, oxtail, shrimp, beef patties, bacon, pork chops, ribeye steaks, tilapia fillets, crawfish, catfish nuggets and homemade sausage made from chicken and beef.

After hearing about Accion Texas Inc. from an Accion employee, Kenneth decided to apply for a loan to take his business and team of three to the next level. Once he was approved, Kenneth purchased more meats and a freezer to increase inventory and allow for customer growth. He is also using the loan to better market his business.

The 53-year-old says without the loan, his business would not be able to meet its growing demand, and he would struggle to pay his current employees. He also says it would slow his current hiring process. Kenneth plans to hire one more full-time and two more part-time employees.

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
  • $11,264,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $5,450 helped Kenneth to purchase more food and a freezer.
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 2, 2013
Listed
May 31, 2013
Currency Exchange Loss:
N/A
Expired:
Jun 30, 2013