Early in 2013, she visited the Valley Indoor Swap Meet in Panaroma City, California. Immediately her business instinct told her that it is a good business location. She spent many weeks at the swap meet to study the market, and her analysis was right. It is a perfect place to start her Persian food store. She contacted the Valley Indoor Swap Meet’s management; they liked her business proposal, and six months later she was able to secure a space in the swap meet.
Mahideh knew she had many hurdles to overcome, and her experience told her preparation is the key. She came to PACE Business Development Center seeking assistance. She needed a business start-up loan to purchase restaurant equipment, make tenant improvements, and supply working capital for her day-to-day operation.
Mahideh has a strong and supportive family. Her husband will continue his regular job and help her on his off days. Her teenage son and daughter also committed to help out in the restaurant. Mahideh’s goal is to have her husband, Bahram, work side by side with her again. Mahideh’s original plan was to name her business “Dream”, and she is realizing her “dream” through Tamli Kabob.
More information about this loan
This loan has been made in collaboration with CAMEO(California Association for Micro Enterprise Opportunity) in order to build microlending capacity in California. In this partnership, CAMEO serves to support California microlenders, such as Fresno CDFI, throughout its partnership with Kiva. CAMEO’s mission is to grow a healthy, vibrant, thriving environment for all entrepreneurs and start-up businesses by advancing the work of its statewide member network.
About Pacific Asian Consortium in EmploymentPacific Asian Consortium in Employment (PACE) is a large nonprofit community development organization based in Central Los Angeles, California. Founded in 1976, PACE offers training to low-income individuals and families to help them meet the challenges of employment, education, housing and business development.
Kiva lenders’ funds are used to support even more people, especially those who attend training sessions but who PACE is unable to serve because of capital constraints. The funds are also used to ease the organization’s loan collateral requirements.
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