“My relationship with Community Capital has been much more than a loan – they helped me create a financial plan and continue to teach me organizational and management skills so I can make better business decisions.”
Monica Lorca, Owner
Support Provided: Microloan for Expansion, SCALE graduate
Impact: Minority and women-owned business, 12 jobs created or retained
Meet Monica Lorca, a Chilean born entrepreneur who has owned and operated Los Hornitos for over 10 years. Day after day, a steady stream of customers line up at the neighborhood gem for her Latin breakfast and lunch fare, that includes empanadas, churrasco sandwiches, freshly baked breads, Dulce de Leche and her famous Tres Leches dessert. Monica came to the US almost 30 years ago and raised her kids while taking cleaning jobs to make ends meet. She recalls “I always knew I could do more” so in 2005, using personal savings, the Lorca’s began serving an authentic taste of South America in a Chilean style bakery that reflects the warmth and charm of their homeland. Originally most patrons were Spanish speaking but today, a truly diverse group of customers come for her freshly prepared offerings.
How We Are Helping
In 2016 the Lorca’s were at a crossroads. They had an opportunity to expand next door but needed additional capital to close the deal. Senior loan officer Fernando Ahumada recalls, “The Lorca’s had self funded their business for years. We recognized their potential and extended a small business loan to fund the expansion and equipment upgrades.” Monica says “Simone guided me through the entire loan process. We worked together to create a cash flow statement and I enrolled in Community Capital’s SCALE business training program.” Today, we are beaming with pride – Los Hornitos is growing and was the recipient of the Best of the Hudson Valley 2017 award for Latin Cuisine.
Los Hornitos, 1582 U.S. 9, Wappingers Falls, NY 12590
Phone: (845) 298-8683