A loan of $2,200 helped to pay for materials and operating expenses and to build credit.

Kevin's story

Kevin W. is a licensed residential and commercial electrician. Kevin inspects buildings for safety and regulation compliance, installs wiring for new construction, and repairs power outages due to on-site malfunction, in addition to installing and repairing solar panels and generators. He started his business, Spark Electric, AC heating & Gas, in 2006.

Kevin’s first job as a teenager was in the construction industry, though he later took jobs in other fields. After overcoming personal struggles, Kevin returned to construction to open his own business. For Kevin, small business ownership is more than a living. He says that his success as a small business owner has given him confidence in what he can achieve professionally. He is proud to be an integral part in his local economy, and feels connected to his community. Kevin is also the proud father of three daughters.

Kevin wants his business to be more competitive in winning subcontracted commissions from commercial contractors. Currently, Kevin estimates that 25% of his revenues come from work done on large commercial jobs, a number he hopes to improve upon this year. Because subcontractors must wait to be compensated until the general contractor is paid, it is essential that they be able to front all of the costs and materials for a job. This loan from ACCION Texas-Louisiana helps Kevin meet upfront business costs, building his credibility with commercial contractors. In addition, this loan helps Kevin build his business credit so that he can qualify for more financing in the future.

Loan details

Lenders and lending teams

Loan details