Amid the challenges faced by many small businesses during the COVID-19 pandemic, Kathmandu MoMoCha has demonstrated resilience and adaptability. The Seattle-based Nepalese eatery, known for its momochas—or Himalayan dumplings—adjusted its operations by freezing its products and expanding via a food truck. Owner Suroj Dangol utilized the Small Business Capital Access Program (CAP) to finance the food truck, a move he described as timely and essential for sustaining the business, according to Bottomline Seattle.
The shift to selling frozen dumplings proved essential for Kathmandu MoMoCha’s operations. The Small Business Capital Access Program (CAP), which supports small businesses through community lenders, provides up to 20% of the loan principal or $30,000, whichever is less. This support enabled Dangol to sustain and grow his business, which he and his wife started in 2017 to bring a taste of home to Seattle. With the program’s assistance, Kathmandu MoMoCha continues to operate and contribute to the city’s culinary offerings.
Beginning with a small setup under a canopy at local farmers’ markets and offering only a few dumpling varieties, Dangol quickly saw strong customer demand. By 2019, he expanded to a food truck to meet growing interest in his momos. The pandemic, however, disrupted operations and income, prompting a shift in strategy. With support from the Small Business Capital Access Program (CAP), Dangol was able to purchase a van and start delivering frozen dumplings directly to customers.
As of fall 2022, Kathmandu MoMoCha has expanded from four food trucks to opening a brick-and-mortar restaurant in South Lake Union, allowing frozen dumplings and a broader selection of Nepalese dishes to reach more Seattle residents.
The reach of the Small Business Capital Access Program (CAP) has extended beyond individual businesses, repaying $8 million in loans and providing $36 million in support to 389 businesses. The program aims to improve access to financing for entrepreneurs, particularly those from underserved communities who have historically faced barriers to conventional lending. The support provided to businesses like Kathmandu MoMoCha illustrates how targeted financial assistance can enable growth and sustain diverse business offerings within urban areas like Seattle.
