A loan of $1,150 helped to pay for construction company’s transportation, labor, and material costs for one project.

Carlos's story

Five years ago, Carlos decided to open his own construction business in Union City. Last year, his dream was realized and Carlos finally gained the permits and licensing to obtain his own contracts.

Carlos is already part of large network of contractors, having been working in the construction industry for 15 years. He is well known in the sector for having detailed work, and his good reputation allows Carlos to obtain contracts easily.

Originally from Peru, Carlos manages four employees in the company. He and his wife are both entrepreneurial; she opened a restaurant this year and also provides jobs within the community. Together they are raising two children.

The nature of his work means Carlos gets paid quarterly. The funds from this loan will be used for working capital to pay for transportation, labor, and material costs for one of his projects. Carlos looks forward to growing the company and hiring more employees in the future.

Loan details

Lenders and lending teams

Loan details