# data[].attributes.body
the owner of this kiva page is Wilman. The location is Monroe, NC, Unites States. The purpose of this loan is to help his heavy-duty trucking company recover from the effects of COVID-19

# data[].attributes.attachment_link.readable_text
Business Description

In starting my business, I sought assistance at Prospera, an economic development non-profit specializing in bilingual assistance to Hispanic entrepreneurs trying to establish or expand their businesses. During my time working with Prospera, I worked with consultants who spoke my language and provided me with the tools and resources I needed to start my own business. I'm thankful to have found an organization like this. Now, I own and operate Like Arrows LLC, a heavy-duty dump truck company that transports asphalt, concrete, construction materials, demolition materials, and landscaping materials. Today, Like Arrows is actively operating and growing its client base to recover from the economic impact of COVID-19.

What is the purpose of this loan?

Due to Like Arrows' lower revenue as a result of COVID-19, we have outstanding operating costs and repair costs that need to be covered. If we receive this loan, we will use it to cover these outstanding costs, as well as to buy equipment for our heavy-duty dump truck and to implement new marketing to grow our client base.

# data[].attributes.attachment_link.description
In starting my business, I sought assistance at Prospera, an economic development non-profit specializing in bilingual assistance to Hispanic entrepreneurs trying to establish or expand their businesses. During my time working with Prospera, I worked with consultants who spoke my language and provided me with the tools and resources I needed to start my own business.

# data[].attributes.attachment_link.embed_code
Wilman

A loan of $9,500 helps Wilman a heavy-duty trucking company recover from the effects of COVID-19.

United States

Construction | Construction

11% funded

My family and I are among the many families whose lives were devastated by Hurricane Maria, the Category 4 hurricane that hit Puerto Rico in 2017. We lived through the hurricane and fought to stay alive obtaining access to clean water and to electricity and surviving the high winds that destroyed our home. Ultimately, we were forced to flee home and restart our lives in North Carolina. I am a resilient individual who has sought to continue my entrepreneurial spirit in my new home of North Carolina. My advice to others is that they can take their unique skills and turn them into a business to ask for help and not to be afraid to hear a couple of “no’s.”

Learn more about Wilman's Loan >

Loans that change lives

# data[].attributes.body
This is a 42 month loan of $9,500 loan

# data[].attributes.body
This loan will used to cover these outstanding costs, as well as to buy equipment for our heavy-duty dump truck and to implement new marketing to grow our client base.

# data[].attributes.body
The people tat are being effected most by this loan will be the employees fo the company. This will also help the people long term who will have the opportunity to use this company for their service.

# data[].attributes.body
The type of business strategy that would be most effective for this company would be the differentiation strategy. The reason for choosing this type of strategy is because it would be most desirable for customers to choose this company over another. The way to win in the construction industry would be to have a substantially good brand image and association compared to other companies. Another aspect that would be fruitful to go down this route would be to have great customer relations which is a huge aspect of competitors' advantage.

# data[].attributes.body
The effect that this business will have on the planet will be mainly in North Carolina. There will be some effect on the environment, but not any significant effect. This job will have a direct effect on the city based of the clients who contract this company for a job/project. The projects that the company is contracted for with have an effect on the local landscape based on the work that they do in the town that they are hired.

# data[].attributes.body
The first value chain I would recommend them to implement would be service. I would advise them to secure a small team or a single employee who handles customer relations and works to make sure that customers' issues are being handled quickly and effectively. The value chain operation I would recommend to them would be outbound logistics. They would do this by hiring a program developer to create a comprehensive system that allows the imputing of data and communication between departments to be productive. And the last value chain I would recommend to the company would be marketing in sales. they should do this by outsourcing their marketing and sales to a company that specializes in marketing and improving sales.

# data[].attributes.body
The profit of this loan long term is going to be from a plethora of areas. Profit will come because of this long term by the jobs and opportunities that come along over the coming months. Because of the loan being invested, over time it will lead to new opportunity in business and allow for return on "investment".