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Jenny
Jenny emigrated to the U.S. from Peru in 2003. She has worked for Avon for many years, initially helping someone else who was selling Avon products. Seven months ago, Jenny started selling her own products in her whole new boutique!

Jenny is very excited to be selling accessories, gifts, and Avon products in her own storefront! Jenny has dedicated much effort to opening her own boutique. She hopes to expand, rent more space, and sell more inventory soon.

The loan will help Jenny buy more holiday inventory, improve her presentation and develop her clientele. She hopes that this expansion in her business will allow her family a better quality of life.

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

  • $47,000
    Average annual income
  • 19
    View loans »
    United States Loans Fundraising
  • $11,555,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,950 helped Jenny to buy new holiday inventory for her boutique.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2013
Listed
Jul 14, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 8, 2014