El Criollito Hot Sauce.
My name is Alexis Mendez. I was born in the Dominican Republic. I came to the states when I was a teenager. Thanks to my parent’s hard work and determination, my siblings and I were able to have a better life.
My dream has always been to own a successful business. I come from humble upbringings. My parents worked hard to provide my siblings and me with a better life in this country. I have taken advantage of such privilege by studying hard and using the resources around me to gain knowledge and experience in the business field. I want to have a successful business that will allow me to leave a legacy for my family.
I am passionate about what I believe in and I never give up on my dreams. I feel that nothing can stand in the way of reaching our goals except for ourselves. I believe in hard work. I believe in perseverance. But most importantly I believe in myself. With my 20 plus years experience in business I know I can achieve my goals and exceed them.
This loan is special because:
More about this loan
My hot sauce is made with fresh peppers, garlic and other ingredients. The best part of all is that there is no chemicals added. It’s all fresh!
Every person who tries my hot sauce just give me great reviews and comments. They love it. I really want to make it big with this project. It all stared with me making my own hot sauce because I couldn’t find any sauce at the supermarket with an unique flavor that combines fresh, spice and great taste. So I decided to create my own recipe. As time passed each person who has tried my sauce are in love with it. I have shipped my sauce as far as to Alaska.
This product has been my passion for a very long time. I consider myself and entrepreneur and a business man. And as both I am both eager and passionate to develop this product and distribute it. I believe it is the “BEST” product and the demand for it speaks for itself. What makes this product different is that it doesn’t alter the taste or flavor of the food; it enhances it.
Since day one I have believed in my product. I have family, friends and businesses that believe in it as well and support the production and distribution of it. I currently have numerous establishments that have committed themselves in purchasing my hot sauce the minute it hits the market. I know that once the manufacturing and distribution commences, the profit will sky-rocket.
What is the purpose of this loan?
I am requesting a loan to kick start my hot sauce business (El Criollito). The funds will be utilized to purchase materials needed to produce and distribute my hot sauce, such as glass bottles, caps, labels, etc. My product is approved by the Food and Drug Administration (FDA).
Cost Breakdown: Labels: 1400 (10,000 labels already placed order) Machine to put labels into the bottles: $500.00 Machine to print expiration date into bottles: $1,800.00 Equipment: $1,000.00 Shrink ban for bottles safety: $600.00 (5,000 pieces) Empty bottles: $2,000 (for production) Row products to begin production: $2,000.00 Part time helper: $1,000.00
Years in operation: 1 year – 3 years
A loan of $5,000 helps Alexis purchase materials needed to produce and distribute my hot sauce.