Funded

Total loan: $10,000
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Blanca


A loan of $10,000 helped to renovate her hair salon in Washington, D.C.


Blanca's story

Blanca is originally from Ecuador and came to the United States 12 years ago. In Ecuador, she started a party supply store specializing in handmade piñatas called “Pinateria Mil Colores.” The company is still in operation and her three daughters run the company. While living in Ecuador, Blanca learned the hair stylist trade and began cutting hair as a hobby for additional income.

When she arrived in the States, Blanca dedicated herself full-time to the hair salon profession. She has 12 years of experience in the industry and six of those years as the sole owner and founder of Columbia Hair Salon in the Adams Morgan neighborhood of Washington, D.C; a few blocks away from the LEDC headquarters. Blanca is requesting a $10,000 loan to renovate her salon. She would like to construct six new salon stations for her stylists. At the moment, the salon employs five stylists full-time. Blanca hopes that in the future she can employ additional stylists.



Loan details

Loan length:

32 months
Disbursed date: November 14, 2013
Facilitated by Field Partner: Latino Economic Development Center

Lenders and lending teams




Loan details

Loan length:

32 months
Disbursed date: November 14, 2013
Facilitated by Field Partner: Latino Economic Development Center