Total loan: $2,700
Miami, Florida, FL, United States / Food
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Luis's loan finished fundraising,
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A loan helped to purchase bread-making equipment.
Luis owned a few different businesses in his native country of Honduras. However, when he moved to Florida over 20 years ago, he had to start from scratch, taking odd jobs to provide for his wife and daughter. Recently, he noticed many changes occurring in his neighborhood of Little Havana and decided to take the opportunity to open up his own store. Luis’s store, El Expolosivo Mini Market, sells groceries, lottery tickets and does money transfers to Latin America. He employs one individual during the week and his wife helps him out on the weekends. The business allows Luis to pay for his daughter’s college education at a prestigious university. Luis’s keen observation is what keeps his business competitive. When he first opened the business, he was quickly able to gauge which products sold the fastest. Lately, he’s noticed that his stocks of Central American bread are always sold out before he can replace them. With this loan, he will purchase equipment to make his own bread in order to quickly meet his customers' demand. Help Luis expand his business and pay for his daughter’s college education!