100%

funded

Total loan: $4,500

Marva

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Erie, PA, United States / Food

Marva's loan finished fundraising,
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A loan helped a minority-owned female founder bring its healthy beverage to big box stores.


Marva's story

As a single mom raising four children, I dreamed one day I would own a legacy company and leave it to them. After successfully putting them through college, it didn't leave many resources for me. I never realized how this impacted them and now, they believe in me and hope to work for me someday! How awesome is that? I also dreamed of being involved with a product that was healthy, sustainable, and helped the environment. My proven background in management, consumer packaging, manufacturing, and sales prepared me for when the big opportunity came. I merged my skills to become a 20% owner of a beverage company formerly, Zenedge Inc with the help of investment partner, Tim. Shortly after getting involved with Zenedge, I took over the business-owning 51% control under; now Premier. I worked night and day with few rewards to get the brand into Walmart.com and other channels of distribution. My goal was to create brand awareness, invest in improving the brand and its packaging and then scale. Well, right before I was able to launch my new healthy formula, new flavors, and packaging my business partner/investor died from Covid 19 on 12/15/20. I was devastated. In spite of his death, I pushed forward, hired a broker, pitched to over 40 companies, and now I'm poised for tremendous growth. I did this without my partner. Based on past historical sales I know I can scale but I need help buying new inventory and labels. I spent COVID 19 time redesigning our product, onboarding with Walmart.com and got into Amazon's Pilot Program. I plan to turn over this new inventory quickly into these channels. This loan will help fund future growth. My slogan "It's What's Inside that Counts, tm" rings true to my heart.