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Patricia
Patricia has more than 30 years of experience decorating cakes and more than five years owning her business, Angeli Cakes in El Paso, Texas. She gained her experience by completing a mail order cake class in her earlier years and started her business with savings from her past and by working. As a child, Patricia’s passion was always in the cake decorating business.

Now, a successful 53-year-old, Patricia offers a variety of custom baked-to-order cakes for the El Paso community. Customers are able to pick and choose what kind of cake and frosting they want, design and color, and anything else a person can dream up. Patricia also caters to her customers who are conscientious about their health. Many of her cakes are gluten and sugar-free and sold to physical trainers, diabetics, and health gurus.

Accion Texas Inc., a nonprofit micro and small business lender, helped Patricia’s business, Angeli Cakes. After Patricia was referred to the microlender when visiting True Credit, a business specializing in credit restoration, she received a loan to purchase additional baking equipment, supplies, cake mix and decorations to meet the increased demand of orders while keeping her employee on payroll.

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.

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About United States

  • $54,800
    Average annual income
  • 31
    View loans »
    United States Loans Fundraising
  • $12,223,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $5,450 helped Patricia to purchase additional baking equipment, supplies, cake mix and decorations.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 6, 2013
Listed
Sep 10, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 2, 2014