La Suprema stands out for its cleanliness, courtesy and service, and it offers a wide variety of fresh fruits and vegetables. Rafael believes this winning model will lead to La Suprema’s success in West New York. He will use this loan to help stock up on inventory, as well as to promote flyers and specials to the community.
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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 FundThe 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.
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This loan has been fully funded!