Taneisha has been preparing herself for years. She obtained her Certified Nurse’s Assistant certification (CNA), Emergency Medical Technician (EMT) certification, and several other periodic certifications, such as CPR certification and her Direct Support Professional (DSP) certification, to prepare to manage her own adult care facility.
Taneisha never gave up on her dream. She has spent countless hours working on her business plan, attending training sessions and gathering information on how to properly operate an adult care facility. Taneisha was so passionate about her dream, she went out and rented a facility with the hope of obtaining financing to equip the facility with the proper furniture needed to operate.
Taneisha will create two jobs with this project, one manager position and one assistant manager position. Her goals are to earn Vendor status, which allows her to have the maximum number of clients in her facility (4), and later, open a second location. A traditional bank would not consider doing this loan because it is a start-up. However, Fresno CDFI is stepping up to help Taneisha achieve her dream.
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 Fresno Community Development Financial InstitutionFresno Community Development Financial Institution (Fresno CDFI) provides affordable financing, training and technical assistance to individuals, small businesses and community facilities. Founded in 2007, it focuses its efforts on low- and moderate-income communities aiming to serve the financial needs of small business owners and entrepreneurs.
Kiva lenders’ funds are used to expand Fresno CDFI’s microenterprise loan fund with a focus on providing loans under $10,000. This is of particular importance to Fresno CDFI because the organization was initially created with the intention of servicing borrowers in need of smaller loans.
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This loan has been fully funded!