Now, 25 years later, Maria has worked in almost every position in the restaurant industry and is starting her own café, "De Todo Un Poquito". Raising the funds to start her own business was not easy. She saved what she could out of every paycheck she received to be able to purchase the equipment she would need. Three years later, and with about $60,000 in equipment, she is finally ready to open. She even used the money she got back from her tax returns to pay the down payment for the café’s lease and pay the first few months rent.
She is requesting a $5,000 Kiva loan, the only amount she has not been able to cover herself, to purchase inventory and pay for inspection and permit costs. With the $5,000 from Kiva, she will finally be able to open the doors of her beloved little café on Van Nuys and Victory Blvd.
More information about this loan
This loan is part of the Kiva City Los Angeles initiative in partnership with the Los Angeles Mayor's Office of Small Business and VEDC (Valley Economic Development Center). Kiva City Los Angeles is a subset of Kiva City, a program that allows Kiva lenders to make microloans to small businesses in the United States with the help of community organizations and U.S. Field Partners.
Important InformationValley Economic Development Center (VEDC) is a non-profit community development financial institution and the largest provider of loans for small businesses and micro-entrepreneurs in the Greater Los Angeles area. In addition to loans, it offers extensive training opportunities, workshops, consulting and small business support services.
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This loan has been fully funded!