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Juan
At JT & Sons Transportation, Juan and his son obtain fresh water and produced water, which is made in seas and lakes where oil and gas are extracted, and transport them to the oil fields in west Texas.

Juan has 30 years of experience as a small business advisor working for financial organizations, and has worked in transportation as an account manager and dispatcher. With his expertise, Juan was able to steadily manage his business for six consecutive months, including hiring a driver. However, the consistent demand for work has led him to venture for a loan.

Turning to a friend, Juan learned about Accion Texas Inc., a nonprofit microlender. Juan later applied and was approved for a $5,450 loan to obtain fuel and payroll funds. Without the loan, Juan says the company would not be able to fulfill as many orders.

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

  • $54,800
    Average annual income
  • 32
    View loans »
    United States Loans Fundraising
  • $12,086,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $5,450 helped Juan to obtain fuel and payroll funds.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2013
Listed
Jul 17, 2013
Currency Exchange Loss:
N/A
Expired:
Aug 16, 2013