Bobby was referred to us by the Cool Aid Society and has already started a business providing maintenance services for property management companies in the Capital Region District. Bobby got his start in the property maintenance business on a snowy day in November. Realizing that many homes and businesses would need their sidewalks and driveways shovelled, he printed off some flyers, posted them around town and bought a snow shovel. Over the next two days he made more than $500. By mid-January, Bobby had signed a contract with a local property management company to provide property maintenance services for over 40 of the properties they manage. Bobby plans to secure more contracts with other property management companies and is hoping that he’ll eventually get enough hours of work to begin employing people. Since November, Bobby has completed a number of professional certifications and has built an impressive inventory of tools he can use for property maintenance. Bobby is applying for a $5,000 loan to buy a truck and a gas-powered pressure washer. He needs the truck to quickly travel between properties as well as to transport his tools. Currently Bobby gets rides from his girlfriend when she’s available and takes the bus when she’s not. He says having a gas-powered pressure washer is important for the type of work he does and will allow him to compete with other companies and individuals that provide property maintenance services.
Bobby’s credit file indicates that he has a small level of debt that he is already making payments to and is committed to paying it all off within a year. Bobby started getting in trouble with the law at a young age. He turned his life around while in prison and since his release in July 2010 has continued to make positive changes. The committee recognizes the tremendous amount of progress Bobby has made since his release. To minimize the risk to the lender, this loan will have a one-year term.
An Employment Placement Caseworker who has been working with Bobby describes him as a ‘go-getter’ and has been impressed how wiling Bobby is to accept advice and suggestions. ‘I can see him owning half of downtown Victoria in a few years’. An elder who Bobby works with at the Native Friendship Centre and with whom Bobby meets weekly to discuss his long term goals describes Bobby as a ‘very hard worker’ and as ‘one of the ones who’s going to make it’.
Bobby says that ‘this business is the only thing in my life I can call my own.’ ‘My objectives’, Bobby says, ‘are to be self-employed, have a good reputation, be a contributing member of the community, be a success story, be financially independent, build my credit, and help others less fortunate’. If granted for the loan ‘I know it’s not only my credibility on the line to repay, but it’s all the “Bobby’s” that come after me who my actions will affect’.