share

Cassandra

Mag-Big LLC

Portland, OR

[Image]
Personal Story

I was raised in the Santa Cruz mountains, in a log cabin in the woods. My dad built our house himself, and continues to add to it as the years go on. My parents have never been together as a couple (since I was born) but they have always been in a rock n' roll band together. To this day, they are the best of friends, band mates, and extremely active, supportive parents.

Ever since I was a teenager, I have been known as an over-achiever. In those formative years, I was captain/MVP of my varsity basketball team, student body president, enrolled in all AP classes, lead in every school musical, had three bands that toured the world, and had an insatiable creative side. All the while, I was from a family of humble means, and had two jobs serving tables from the age of fourteen through all of high school.

To this day, I balance my busy schedule with a proud sense of industry. In addition to my clothing company, my retail shop, my 2 bands, my board seats on non-profits that I have worked for years to support, and my role as a fashion show producer, I also keep a second job. My second job has enabled me to continually invest in my business as it has grown over the last three years. My story is the unique balance of unbridled ambition and a proud sense of work ethic.

What I am most proud of is that every thing in my life, I have earned myself. I am only twenty-six years old: I put myself through college, I opened a retail shop, I created a clothing company, and I still make time for the things I love.

I will never forget when I opened my store, my dad said to me, “you don't have much money to open this shop, but you have nothing to lose, and you already know you can do this. You trust yourself to do the work.” I'm so humbled by how quickly our store became one of the most beloved in the city. Our boutique carries products from over 600 designer-manufacturers from the NW, and is known as the hub for Portland-based design. Our mission grows deeper each year, and now the growth of our in-house clothing company is our next step. Most surprising and exciting is that demand for our garments has been overwhelmingly increasing. It is time for us to bring our clothing company to a national market, and spread our message of American-made, designer-manufactured goods.

Business Description

Mag-Big is the largest collection of Portland-based designers anywhere in the world. It features nearly 600 small production designers who create jewelry, apparel, house ware, craft, body care, and visual art. Our goal is to foster the American-manufacturing movement by supporting independent makers and encouraging them to move away from “crafting” and towards sustainable, viable production. Mag-Big only features the best quality of craftsmanship and design innovation, and has a high standard for its contributing designers. Mag-Big is also the production facility for our clothing line: The Mag-Big House Line. Our clothing company is a vintage inspired clothing line made from deadstock, vintage bolts of fabric. Our fits are contemporary, tailored silhouettes for every day wear. Our garments retail at rather affordable price points because we believe that a viable clothing company is created by production volume and not high-end price brackets. Among our efforts to empower and educate, I am also the producer of the biggest fashion event in Portland: the Alley 33 Fashion Event. Through all of these efforts, I see Mag-Big as a resource for American designers across the country. What we are doing is a form of activism as much as it is a form of industry.

What is the purpose of this loan?

Our business is at a crossroads in which the growth necessary to take us to the next level requires investments in the following types of equipment: 1 new industrial straight stitch ($500), one new industrial cover stitch ($1100), one additional hired seamstress on our payroll ($300/month), heavy duty electric rotary cutters ($100), an apple iPad for market season at trade shows ($400), and some additional marketing expenses (such as tagging, look books, etc). We are also looking to order our fabrics on a larger scale than we have currently been sourcing them, which will mean an investment of around $600-$800 for industrial bolts. Our boutique is also looking to stream-line our POS system and integrate Square Register to toggle to our Quickbooks. Each of these steps requires a financial investment, which thus far we have been either charging on our credit cards, or using our secondary income to purchase.

Cassandra's loan is endorsed by Mercy Corps Northwest . The information below explains why her trustee thinks Cassandra is a great candidate for a Kiva Zip loan.
How long have you known this person?

3 years - 5 years

Tell us about your relationship with this borrower.

Cassie came to Mercy Corps Northwest in 2010 for a loan to start her business. Cassie has sought out our educational services and mentoring offerings over those 3 years and we continue to work with Cassie to help her define and achieve her business and personal goals. Over the term of her loan, Cassie made on-time payments and added to the principle amount owed, managing to payoff the loan early. We respect Cassie's willingness to learn and the entrepreneurial passion for herself and for the many artisans she supports in her retail business.

Tell us about this borrower's personality and character, and why you are endorsing him or her for a Kiva Zip loan.

Mag-Big began its earliest origins at the Alberta Last Thursday Art Walk where owner and designer, Cassie Ridgway, sold her jewelry and apparel. After some months, she expanded her booth space and invited other artists to sell their work alongside hers. Years later, her booth stood as a massive, unified collective of rotating artists, all of whom continually inspired her. Her dream became a storefront space where artists like these could produce and distribute on a larger scale. This shop, effectively, is not only a tribute to the artists and crafters that have for years replenished the palette of Portland, it is a hub for artists of all sorts to bring their work into conversation, to teach classes, to give SE Portland events that directly support the local economy and the community. The concept of Mag-Big is a paradigm of supporting local and taking pride in small scale, independent operations and artisans.

Tell us about this borrower's business, and why you believe a Kiva Zip loan will contribute to his or her success.

Mag-Big is a retail shop for local artists and designers with the goal to foster Portland small production in an ever-expanding array of apparel, jewelry, housewares, body care, visual art, and craft design. In addition to consigning products from hundreds of local designers, they have a curated wall space for visual artists, and feature monthly art openings for public viewing.

Beyond being a retail boutique for local designers and artisans, Mag-Big is the home base for Mag-Big Original Designs, a line of clothing made in store. They also co-produce the Alley 33 Fashion Event, one of the largest fashion events in Portland.
The Mag Big events calendar also includes sewing classes, fashion shows, craft nights, art openings, trunk shows, trade shows, DIY classes, and many other exciting community events. As Mag Big is rapidly expanding sales in the in house production line of business, Cassie is setting a goal to be able to grow her business and focus on Mag Big productions to the point where she can afford to pay herself full time. Already selling across the country with 15 wholesale stockists, Cassie projects that with ten more she will be to the point of being able to claim a self sufficient income.

153 Total , 1 invited by Trustee
Img_1467
San Francisco, CA
Post%20proposal
San Francisco, CA
16096_10152298172015414_25796403_n
San Francisco, CA
Picture_5
West Linn, OR
Thumb_image_missing
Switzerland
Mig-red-nose
San Francisco, CA
Fullscreen_capture_4212012_71534_pm
Rochester, MN
Img_0202
Pittsburgh, PA
John_kirkland_2
Los Angeles, CA
Img_2999_1_
IA
20130616_122024
Brisbane, Australia
Barbaraandwill
Aptos, CA
Dsc_5503
Taichung, Taiwan
Www_545291
Portland, OR
Www_738386
Portland, OR
Jimmccomb
Thousand Oaks, CA
Www_1095651
Brooklyn, NY
Www_1076542
Taiwan
Www_33125
Saint Paul, MN
Wedding_photos_from_cd_2_106
Dorset, United Kingdom
292538
Oslo, Norway
Www_268743
Thumb_image_missing
Alaska_vacation_247
Dayton , OH
Hs_shorthairs
Portland, OR
Thumb_image_missing
Www_1301386
Norton, MA
Www_1381438
Portland , OR
Www_1381862
Portland, OR
Loren-2013-v2-web
Portland, OR
Thumb_image_missing
Portland
Www_1003956
elkhart county, IN
14161511740169634451
Portland, OR
Image
Portland , OR
Www_45747
Cave Creek
Lee_with_phone_korea
London, United Kingdom
Www_62370
Columbus, IN
Www_782876
TX
P1090337
Italy
Thumb_image_missing
Www_805588
Anguilla
2013-03-30_21.04.39
Vancouver, WA
Www_333879
Www_52829
Yakima, WA
Www_1300777
TX
Thumb_image_missing
Vancouver/Clark, WA
Thumb_image_missing
Www_697162
Beaverton, OR
Www_112493
Thumb_image_missing
Greensboro, NC
Www_1178691
New York, NY
Me
TX
Thumb_image_missing
Dublin, CA
Www_1330889
Kill Devil Hills, NC
Image
Edgewater, NJ
Image
Gold Coast , Australia
Scott
Fredericksburg, VA
Www_102886
Maarssen, Netherlands
Jack_dad
Portland, OR
Kiva
London, United Kingdom
Www_186733
oranjestad, Aruba
Www_647451
Frankfurt, Germany
Www_588175
New York, NY
Thumb_image_missing
San Diego, CA
Www_196375
Beaverton/Washington, OR
Thumb_image_missing
Amado, AZ
Www_1212788
CA
Www_956904
Portland, OR
Thumb_image_missing
NY
Www_655564
Dallas, TX
Thumb_image_missing
Photo_(2)
Portland, OR
Thumb_image_missing
Www_1407113
Netherlands
Thumb_image_missing
SF Bay Area, CA
Loading comments...
PAYING BACK

A loan of $5,000 helps me to add 2 industrial machines, electric rotary cutters, an additional seamstress on our payroll, tagging and marketing expenses, an iPad for market season, and an integrated POS system to my business.

Disbursed Aug 10, 2013
Repayment Term:
24 monthly payments
Grace Period:
N/A
Listed:
Jun 24, 2013
Disbursed:
Aug 10, 2013
Paying Back:
Aug 10, 2013

About Mag-Big LLC

Industry:
Clothing / Jewelry / Accessories
Years in Operation:
1 year - 3 years
Website:
magbig.com/
Follow:
Facebook Twitter Etsy
Badges:
None

What are Borrower Badges?

Borrower Badges are a system designed to recognize and reward borrowers’ engagement with the Kiva Zip website.

There are two types of badges that are tiered like medals: Gold, Silver and Bronze.

  1. 'Repayment badges' are awarded for the on-time repayment of loans.
  2. 'Connectedness badges' are awarded for engagement with the Kiva Zip website.

This loan is endorsed by

Trustee Type:
Community Development Financial Institution
Location:
Portland, OR
Badges:
None
On Zip Since:
Jun 24, 2013
(10 months)
Loans Endorsed:
2
Total Value:
$10,000
Fundraising/Raised:
0
Paying on Time:
Not enough data
Paying Back Late:
Not enough data
Repaid in Full:
0
Defaulted:
0
Repayment Rate:
100%
Why are you endorsing Cassandra?

Mag-Big began its earliest origins at the Alberta Last Thursday Art Walk where owner and designer, Cassie Ridgway, sold her jewelry and apparel. After some months, she expanded her booth space and invited other artists to sell their work alongside hers. Years later, her booth stood as a massive, ...

What are Trustee Badges?

Trustee Badges are a system designed to recognize and reward trustees’ engagement with the Kiva Zip website.

There are two types of badges that are tiered like medals: Gold, Silver and Bronze.

  1. 'Repayment badges' are awarded for the on-time repayment of loans.
  2. 'Connectedness badges' are awarded for engagement with the Kiva Zip website.
Innovations in person-to-person lending © 2005 - 2012 Kiva. All rights reserved. Kiva is a U.S. 501(c)3 non-profit organization.