With the flexibility of his job as a cab driver, he finds metal through the Internet and creates a contract with business partners in India to buy the metal. Business has gotten off to a good start, he says, and he hopes to expand. He trusts that within the next two years it will be booming and he can take it on full-time.
Trinidad: Home Day-Care Center
Business: Home Day-Care Center|
Loan Request: $9,000
Trindad says every day is wonderful because she spends it in the company of children. She has been running her in-home day-care center since 2003, but her experience extends decades back. She is married and the mother of three grown children.
She plans to refinish her floors, and she's painting and purchasing some new toys and practical items for the children. As a licensed day-care provider, she is required to make these improvements. With the help of her daughter, Trinidad would like to one day open a larger day-care outside of her home where she can make an even greater impact on her community.
Elizabeth: Beauty Salon
Business: Beauty Salon|
Loan Request: $6,000
Elizabeth has been working most of her life in the beauty industry and works full time at her salon. She is a single mother of four children.
Three years ago she had the opportunity to purchase the salon she now owns. Elizabeth's store is in a great location in a busy area, where she gets lots of foot traffic. Elizabeth has one other employee. Her loan will be used to purchase new chairs, hair dryers and several other products to enhance her salon. Her plans are to eventually expand her store and offer more services.
ACCION USA and the Opportunity Fund provided information for the entrepreneur profiles.