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Courtney
Courtney initially started her sole proprietorship, Blue No.7, in 2005 when she had been suffering from severe migraines and wanted to import and distribute health/wellness products into the marketplace, namely the old-fashioned Hot/Cold Ice Bag. This product had been a tried and true remedy for minor ailments and it had helped so much in providing relief in a natural way. So she set out to design modern patterns and import the product into the U.S. to distribute to retail stores.

What she loves the most is that she can get to be creative. She created an idea that the consumer would find useful in their life. She also enjoys working with retail buyers and creating products that they want to see on their shelves.

She has over 20 years experience in the wholesale/ retail and import/export industries. She has also worked with national retailers such as Target, Whole Foods Market, The Container Store, and many more. The biggest challenges have been finding capital when the business is growing and keeping up with that growth.

Courtney is seeking a Kiva loan to purchase inventory. She is also looking to sell her product to more retail stores. Her goal within the next 12 months is to offer additional Ice Bag patterns to capture a wider variety of retail clients. She is also working to enter Collegiate private label manufacturing, for example, UCLA Bruins themed Ice Bags.

Additional Information

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 Information

Valley 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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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
Paying Back

This loan has been fully funded!

A loan of $3,000 helped Courtney to purchase inventory.
55% repaid
Repayment Term
28 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2014
Listed
Apr 6, 2014
Currency Exchange Loss:
N/A