A loan of $8,000 helped used cubicles and chairs.

Jairo's story

Jairo came to the United States from Colombia 24 years ago; he is married and has two children. After the loss of his job and with 500 dollars, Jairo started his own office furniture business. Eight years ago, he began by visiting offices to make sales; now he runs his business selling products on E-Bay as well.

For a long time, Jairo couldn’t find any funding for his business, he tried a bank but they considered his business too informal. To purchase inventory, he needed to rely on his savings, business profits, and the income from his full-time job. He came to ACCION USA and has been approved for a loan to purchase “previously owned” cubicles and chairs to sell through his E-Bay business.

With the loan he is hoping to increase his profits; with the extra income he wants to make improvements to his family's home. Jairo plans to continue formalizing his business over the coming years. Eventually he would like to expand his business internationally.

Loan details

Lenders and lending teams

Loan details