October 2015 Business of the Month
Yasser is a refugee entrepreneur from Iraq. He is currently a resident of Denver, Colorado. He has been the owner of A-1 Hood and Carpet Cleaning since 2010. He has taken two loans from the CEDS Microenterprise Development program to start and expand his business.
|Yasser borrowed $15,000 from the CEDS MED program to start A-1 Hood and Carpet Cleaning. He was able to hire one person to help him run his business.|
Financial Impact #2:
|Yasser borrowed $30,000 from the CEDS MED program to expand his hood cleaning business to a hood and carpet cleaning business. In the process, he added two more employees.|
Yasser Hussein is a refugee from Iraq. He was admitted to the United States in April 2009 along with his wife and 4 children. Yasser currently works as the owner of A-1 Hood and Carpet Cleaning LLC. He started his hood cleaning business in December 2010. He has been able to grow the company to a good size with an inventory of three vans, and office space with a parking lot. After growing the business for four years, Yasser expanded his business to not just providing hood cleaning services, but also carpet cleaning. For that reason, he purchased a new van, cleaning machines and other supplies to accommodate his already existing and new clients. Since the start of both loans, Yasser has made consistent loan repayment. A-1 Hood and Carpet Cleaning LLC was named CEDS MED Business of the Month for October 2015.