A loan of $4,000 helped to develop his business web page.

Ricaurte's story

Ricaurte is a native of Colombia. He is married and has one child. Ricaurte has more than 12 years of experience as a beauty supply store manager. A couple of years ago, Ricaurte started planning to have his own business. He started working with LEDC Small Business Department receiving technical assistant to create a business plan, implement his accounting systems, and obtain his licenses.

Finally this year, he found a good location to start his business in Beltsville, MD. With a LEDC loan of $4,000 he is going to develop his business web page to increase its sales He is expecting this additional income to support his family and send his child to college.

Loan details

Lenders and lending teams

Loan details