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Yenifer is passionate about working with children. For six years, Yenifer volunteered to babysit kids. Through her experiences, she saw the great need for daycares in her community.

Now, Yenifer is starting her own “Mami’s Daycare.” She says, “I am still in the start-up phase of my business, but the loan has helped me to pay for state license, permits, and construction that are required for my daycare business.”

With the help of this loan, Yenifer will be able to finish the construction of “Mami’s Daycare” and meet the needs of mothers and fathers in the community that work late nights or are attending school. She loves her community and aspires to give back with flexible hours and late hours of operation for these parents. The above photo features Yenifer with her baby, a relationship in her life that inspires her to work with children.

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
  • 32
    View loans »
    United States Loans Fundraising
  • $12,684,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,750 helped Yenifer to proceed with the construction of her daycare and acquire the state licenses that are required to provide daycare services to the community.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 5, 2013
Jul 14, 2013
Currency Exchange Loss:
Apr 24, 2014