Total loan: $9,000
Detroit, MI, United States / Food
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Elizabeth's loan finished fundraising,
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A loan helped build out a storefront location and grow my business.
As a youngster I watched my mother create original cake recipes. Most of the time they turned out pretty good. I grew to love baking. Not knowing otherwise, I used to use regular teacups and teaspoons and other tableware to measure the ingredients. Eventually I learned to use the proper tools while baking in my home economics class. I continued baking for friends, family and work chums. My love for baking never ceased. Soon I decided I wanted to go professional and open a bakery. I pursued a degree in culinary arts. Shortly after graduation, a chef/ instructor recommended me for a job at a culinary vocational school. I fell in love again, this time with the idea of helping young culinary students to meet their professional goals, that love relationship lasted twenty plus years. Upon retiring I decided to pursue the dream that never died and open my business, Home Sweet “Authentically Homemade” Cupcakes. I started from home and eventually got licensed through a commercial kitchen. I sell my goods at farmer’s markets and other vendor and pop-up opportunities. My cupcakes are old fashioned homemade cake in the form of a cupcake. That’s what sets my cupcakes apart from others. I’ve written a business plan, attended workshops, and classes to increase my chances of success. I’ve won awards through community organizations including one to design the space which I am slated to open. Now comes the most challenging part, financing the build-out ($150,000 which includes construction, equipment, plumbing and electrical fixtures, permits, inventory and other expenses). The Kiva loan along with other funding will help me to meet this financial challenge and achieve my goal of expanding my business into a storefront location.