Miguel has always wanted to own a business but wasn’t sure if he had the talent to be successful. As an employee at his friend’s shop, Miguel learned everything he needed to know about tires and became closer to reaching his goal. Working at his friend’s business gave him the confidence he needed to be self-employed.
G. Tire Shop offers customers tire-changing services, air checks, tire sales and other tire-related maintenance. Miguel says his business differs from other tire shops because he offers faster quality service at better prices.
After an online search introduced Miguel to Accion Texas Inc., he inquired about the organization and proceeded to apply for a loan. Once approved, he used the loan to purchase a tire changer and an air compression machine, and he become an entrepreneur almost instantaneously.
Miguel says the Accion loan allowed his business to open sooner. Without it, he says it would have taken almost three months longer to offer his services to the community. But instead, in May 2013, Miguel left his friend’s business to open his own tire shop and is now optimistic about the future of his business.
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.