Check out some available loans that are similar to this one!
Rafael
Coming from a family that owned a grocery store business in the Dominican Republic, Rafael has always had a passion for business. A proud immigrant and American citizen, Rafael started La Suprema Meat Market this past June, after having successfully run a number of other grocery store enterprises.

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.

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

  • $54,800
    Average annual income
  • 30
    View loans »
    United States Loans Fundraising
  • $12,203,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $6,575 helped Rafael to purchase inventory and flyers for marketing family-owned grocery store.
90% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2013
Listed
Oct 20, 2013
Currency Exchange Loss:
N/A