Breaking down gender barriers.

As a woman-owned business in the male-dominated contracting industry, Lady Lighting and Contracting Company faced many obstacles. Owner Sharon Stetzer started the contracting company five years ago but had trouble getting her foot in the door to win contracts. Another obstacle for Sharon was that despite her company’s strong credit history, she was unable to get bank financing due to personal credit issues. Lacking capital, she was unable to expand her business and grow her reputation with builders.

Sharon was referred by her Bank of America banker to ACCION Chicago. ACCION was able to approve Sharon for a $15,000 term loan in 2007. Sharon, now successful in growing her business, has paid off her initial loan, has paid off her second loan also for $15,000, and is currently paying off a third loan for $20,000.

Lady Lighting and Contracting Company has grown steadily since being created in 2003. Business is booming and Sharon is pleased. Her favorite part of being her own boss is being more flexible to spend time with her five children. She also has more confidence not only as a contractor, but as a female entrepreneur. “I have achieved all the initial goals I have set out,” says Sharon, “but you have to keep setting higher goals to really achieve all that you want to.”

 
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