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Gloria
Atlas World Travel has been in business since 1975 and is a family-owned and operated full-service travel agency. They design their own bus tours for the senior market, and have also designed many trips for high school groups and fundraising organizations.

Gloria has been the owner of Atlas World Travel since the inception of the agency. In addition to setting the standards and overseeing the general operation, she has been involved in “The Patrons of the Arts”, both as fundraising chairperson and president – a very important part of the Monroe Township community.

During the height of a busy season when Hurricane Sandy hit, the travel agency was forced to close down for a two-week period. Although there was no new revenue produced during that time frame, all employees were paid full salary.

The loan given to Gloria will be used to recover from some of the losses realized during Super Storm Sandy. It will enable her to expand her business by using this money to secure cruise space to market to prospective clients.

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.

Tags

About United States

  • $47,000
    Average annual income
  • 17
    View loans »
    United States Loans Fundraising
  • $10,959,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $5,250 helped Gloria to secure cruise space for clients of her family-owned travel agency.
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2013
Listed
Oct 8, 2013
Currency Exchange Loss:
N/A
Expired:
Nov 7, 2013