Total loan: $7,500
Detroit, MI, United States / Food
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A loan helped funds the expansion and growth of our neighborhood coffee shop.
I come from a family of entrepreneurs, my grandparents, father, and mother all owned their own business. So it was no surprise to my family when I opened my first business in 2013. I was the startup investor of a small Parkour gym outside of Boston, it was never a dream of mine, but it was a passion project. My business partner and I learned so much about being business owners and growing a community of customers. After a few years, I realized more and more that this was not where I was meant to be. In 2016 I moved from Boston to Detroit, for a new opportunity and a new relationship. Not long after, my boyfriend and I bought a home in the North Rosedale Park. During my first week of living in this neighborhood, I discovered this shop and fell in love. When I heard it was for sale, I was worried that the coffee shop I loved would be gone. I had a discussion with both my business partner in Boston and my life partner about this opportunity. After that, I knew it was meant to be, I got bought down from my other business and with the co-signing of my life partner, I was able to buy the shop. When renaming the shop, I wanted to pay homage to what was here before. I did this in two ways: by naming the shop after the City Hall that used to occupy the space and by naming the LLC after my grandmother. She was such a role model to me growing up and without the money, she left me after her passing I would have never been able to open my first business.