Kitiya has an academic background in chemistry. Her goal is to combine her passions for chemistry and beauty by launching her first nail polish product line. Kitiya sees the nail polish line as the first of many opportunities for her business.
Kitiya first started working on developing her nail polish line five or six years ago. After the birth of her son, Kitiya began reading the labels on her nail polish and noticed the number of harsh chemicals in the bottle. Kitiya will develop a 5-FREE formula, meaning the nail polish will not have any of the five common toxins.
Kitiya is currently working with one of the largest laboratories and manufacturers of quality nail polish. Kitiya needs $8,000 to fill the order with the lab, professionally photograph the products, and build the e-commerce page of her website.
Kitiya’s long-term goal is to write a beauty book and open her own beauty school.
More information about this loan
This loan is part of the Kiva City D.C. initiative in partnership with LEDC (Latino Economic Development Center). Kiva City D.C. is a subset of Kiva City, a program that allows Kiva lenders to make microloans to small businesses in the United States with the help of community organizations and U.S. Field Partners.
About Latino Economic Development Center:Latino Economic Development Center (LEDC) is a community-based nonprofit that equips Latinos and other DC-area residents with the skills and financial tools to create a better future for their families and communities. Participants in our programs learn how to buy and stay in their homes, join with their neighbors to keep their rental housing affordable, and start or expand small businesses.
Kiva lenders’ funds are used to help LEDC support even more small businesses in low- and moderate-income communities in Washington, D.C. The funds are used to ease loan requirements, including decreasing collateral, interest rates and fees associated with loan disbursement. With Kiva capital, LEDC reaches out to borrowers that may not have met all of LEDC’s existing criteria, allowing the organization to grow its lending operations through its new subsidiary the Community Asset Fund for Entrepreneurs.
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Success!! The loan was 100% repaid