Apolinar always liked antiques, but never considered turning his hobby of collecting and trading antiques into a career. He started out selling items from his home – in between shift work at his day job. But about a year ago, he opened his San Juan, Texas business, C. Trading Post, where he sells and trades almost anything, but tries to stick with antiques. Since then, his business has expanded and necessitated this loan.
When Apolinar decided to move his business from home to a store, he was informed by the San Juan Economic Development Corporation about Accion Texas Inc., which eventually led to his visiting an Accion office to apply for a business loan. There are no other trading posts in his hometown, which helps Apolinar gain customers and leaves him with a hand up on future competition. The main idea of opening this business was to ensure he had a job, but now he has a career he loves.
Apolinar said he wants to create an enjoyable shopping experience. The loan will therefore fund start-up costs including interior and exterior décor, lining the building with insulation, and repairing the floor. Currently, he works alone, but as his business expands, Apolinar plans to employ another person.
LiftFund. (www.liftfund.com) is an award-winning nonprofit organization (previously known as Accion Texas) with a mission to provide credit and loans to small and start-up businesses that have limited or no access to credit from commercial sources. Established in 1994 in San Antonio, LiftFund has helped Texas and Louisiana entrepreneurs strengthen their businesses, stabilize and increase their incomes, create employment, and contribute to the economic revitalization of their communities. Learn more at www.liftfund.com.