A loan of $5,000 helped to buy new equipment and marketing materials.

Patricia's story

Patricia is the owner of M.’s Senior Care Services, a geriatric care management company. Originally from England, Patricia started her career working as a registered nurse and she transitioned into the geriatric care industry after immigrating to the United States with her American husband in 1996.

Confident in her entrepreneurial, organizational and medical knowledge and skills, Patricia opened M.’s Senior Care Services four years ago in order to provide care management for the frail and elderly while maximizing her earning capacity by being her own boss. “I tell my prospective new clients that my business is like ‘being a daughter for hire’,” says Patricia.

Ready to take her business to the next level, Patricia plans to hire a part-time office administrator, build a website, invest in new geriatric care equipment, and upgrade her marketing materials. She has already hired a part-time gerontologist to work with her. However, Patricia was dismayed when her own bank turned her down for a business loan. The Small Business Administration referred Patricia to Opportunity Fund, her local micro-finance institution, where her business was analyzed and approved for a loan.

A $5,000 loan will help Patricia to achieve her goals, grow her business and realize her dreams. “Hiring our first full-time employee and dedicating more of my time to management are the baby steps I need to take to see my business take off. Within three years, I hope to see myself managing the office and employing two full time care managers to serve our clients.”

Loan details

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Loan details