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Karyn
After only a year and seven months of working as a janitor, Karyn already has a team of four part-time, two full-time employees and plans to hire another three full-time employees. As much of a go-getter as Karyn is, she experienced difficulty securing new contracts because of insufficient insurance. While watching TV, she noticed a commercial for Accion Texas Inc., nonprofit lender with America’s largest microlending portfolio.

Inspired, Karyn ventured to her nearest Accion to inquire about a loan. Shortly after approval, she purchased insurance for her company, equipment and began marketing her business, Yasmin Janitorial Services, LLC in her hometown of Metairie, Louisiana. The 36-year-old is now able to ensure work for herself and her employees through new contracts.

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

  • $47,000
    Average annual income
  • 17
    View loans »
    United States Loans Fundraising
  • $11,272,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $5,450 helped Karyn to purchase insurance and secure more contracts.
80% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2013
Listed
Sep 26, 2013
Currency Exchange Loss:
N/A