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Joseph
Joseph repairs shoes the traditional way: he sews them by hand. He is widely recognized for being one of the last cobblers in his area. Some even say he’s the best shoemaker in town! Anyone who has been to Joseph’s store knows that he works six days a week and eleven hours a day, without ever taking a day off.

Joseph, originally from Africa, received his training in shoe repair in Germany. After moving to the U.S., he opened his own shoe store, which he has now had for over 20 years. Joseph has kept alive what many would call a lost art. In order to sustain his business, Joseph has requested a loan. This loan will allow him to buy more inventory and increase his marketing. Joseph knows his hard work and commitment to his craft will continue to pay off!

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
  • 17
    View loans »
    United States Loans Fundraising
  • $11,282,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $5,350 helped Joseph to increase marketing and inventory for his shoe business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2013
Listed
Jul 14, 2013
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2015