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Rajvinder and Jesbir (shown here in their store) moved from India to California's Central Valley in 1988. They raised two children who are now grown and have graduated from college. It was Rajvinder's dream to own a retail business and, when he lost his job at a local security camera manufacturing plant which was downsizing, he turned this dream into a reality and opened Maharaja Sweets & Spices. The store offers Indian specialty products to the growing Indian community in Clovis, CA (there are now over 50,000 people of Indian descent living in the Central Valley).

Almost a year after opening, the business is still getting established but, because the store is located in a growing part of town and a new Sikh temple is being built just a few blocks away, the couple expect business to continue to grow. Rajvinder is there 7 days a week, 10 hours a day, to keep the doors open. Jesbir and their children also help when they are not working.

Last year, customers started requesting hot food that they could take to go. The couple invested in the build out of a small kitchen in the back of the store. To get to this point, they have maxed their personal credit and, due to the fact that the business is still in start-up phases according to bank standards, they can’t acquire a business loan. Fresno CDFI's $5,000 loan will assist them with the completion of the kitchen by purchasing supplies and ingredients to get the kitchen off the ground.

Additional Information

More information about this loan

This loan has been made in collaboration with CAMEO (California Association for Micro Enterprise Opportunity) in order to build microlending capacity in California. In this partnership, CAMEO serves to support California microlenders, such as Fresno CDFI, throughout its partnership with Kiva. CAMEO’s mission is to grow a healthy, vibrant, thriving environment for all entrepreneurs and start-up businesses by advancing the work of its statewide member network.

About Fresno Community Development Financial Institution

Fresno Community Development Financial Institution (Fresno CDFI) provides affordable financing, training and technical assistance to individuals, small businesses and community facilities. Founded in 2007, it focuses its efforts on low- and moderate-income communities aiming to serve the financial needs of small business owners and entrepreneurs.

Kiva lenders’ funds are used to expand Fresno CDFI’s microenterprise loan fund with a focus on providing loans under $10,000. This is of particular importance to Fresno CDFI because the organization was initially created with the intention of servicing borrowers in need of smaller loans.

About United States

  • $54,800
    Average annual income
  • 0
    View loans »
    United States Loans Fundraising
  • $12,982,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD