A loan of $5,450 helped to cover moving costs and inventory.

Shanikqu's story

Ever since she was a little girl, Shanikqu loved styling hair and dreamed of owning a salon.

As soon as she graduated from high school in her hometown of Mesquite, Texas, she wasted no time at all and enrolled in cosmetology school. She knew this was a career she would love – and that it would also sustain her growing family for the long term.

At first, Shanikqu rented a chair in a local salon, earning money via a wage split with the salon owner. However, she also earned commissions from her most loyal customers, and after several years of careful saving, she began to purchase her own equipment and supplies.

Then, at last, it was time to take that next step to achieve her dream of establishing her very own salon, and Accion Texas was there to help. Shanikqu was able to use her Accion Texas Inc. loan for working capital. In addition to purchasing her last bit of needed inventory, the loan funds were used to help pay for the initial costs of moving into a salon space.

Shanikqu is now the proud owner of The Glam Hair Studio.To learn more, visit www.theglamhairstudio.com.

Loan details

Lenders and lending teams

Loan details