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Damon is no stranger to the difficulties of homeownership, especially after the economic downturn of 2008. After having to deal with credit challenges and foreclosures the hard way, Damon decided to become a beacon of hope for other prospective homeowners in the community.

As a real estate consultant, Damon helps clients establish a rental background, find lending and eventually find the property right for them. The loan of $3,775 will help Damon increase his marketing and infrastructure, which will help him reach more clients. His future plans include making consulting education available through online classes.

Additional Information

More information about this loan

This loan is part of the Kiva City Newark initiative in partnership with the Intersect Fund. Kiva City Newark is a subset of Kiva City, a program that allows Kiva lenders to make microloans to small businesses in the United States with the help of community organizations and U.S. Field Partners.

About The Intersect Fund

The Intersect Fund (IF) is a rapidly growing, nonprofit microlender and a certified Community Development Financial Institution that equips entrepreneurs in low-income areas of New Jersey with the skills and capital they need to build profitable businesses. Since inception, the organization has served more than 500 entrepreneurs. Kiva lenders’ funds are used to impact an even greater number of entrepreneurs in New Jersey and help them boost their incomes.

About United States

  • $54,800
    Average annual income
  • 18
    View loans »
    United States Loans Fundraising
  • $12,458,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,775 helped Damon to market his business and help more people become homeowners.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 26, 2013
Jul 14, 2013
Currency Exchange Loss:
Jul 17, 2015