Edwina’s passion for cooking and baking kept her in the food industry for more than seven years, but it was her success as a baker that led her to open Signature Meal Bread, LLC five years ago in her hometown of Baton Rouge with the help of family investments and out-of-pocket payments.
With one full and part-time employee, Edwina’s next goal is to move her business out of her kitchen and into a storefront and create one part-time and two full-time jobs.
Before Edwina can afford to create more jobs, she needs to expand her business. She turned to the Small Business Development Center in Baton Rouge for assistance and was referred to Accion Texas, Inc. Edwina applied and was approved for $5,450 to purchase a small kitchen which will act as an extension to her current kitchen.
The increase in business pressured Edwina to accomplish more in the kitchen, but the size of it hindered her from progressing. The building will allow her to maintain a home-based business while giving her the additional working space she needs to complete her orders.
Since her Accion loan, Edwina is able to take on larger contracts, increase business sales and retain her employees.
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.