Small Business
March 30, 2015

A party rental business moves out of the garage and into the community

A husband and wife team in San Francisco turned to the nonprofit Opportunity Fund to help get their small business off the ground.

Feliciano “Chano” Zavala and his wife, Ines, had been working at a party rental company in San Francisco for years when they came to a realization: As new parents of twins, they began to question whether they could continue to support their growing family while working for others. So they founded Peninsula Party Rentals in 2005.

“At first we just rented tables and chairs out of our garage,” says Chano. “Business was growing, but we really wanted to open a facility of our own.”

But during the recession, business slowed. So Chano and Ines turned to Opportunity Fund, a nonprofit that provides capital to small-business entrepreneurs. Wells Fargo has supported Opportunity Fund with grants since 1996.

A second loan from Opportunity Fund helped Peninsula Party Rentals expand further. “And we’ve been able to give back to the community with donations and discounts for schools and nonprofits. We know we’re helping to make the community stronger. And that’s something to celebrate,” says Chano.

“Wells Fargo is very committed to the growth and development of small business. Not only across the country, but in our communities,” says Blanca Gomez, a Wells Fargo community development officer. “Little by little, we can achieve great things, and the achievements of the Zavalas are a clear example.”

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