Made up of around twelve employees and freelancers, Manu’s team caters to mid-sized companies with limited budgets that are looking for affordable IT solutions. His company offers a wide range of services, including web hosting and design, telecom services and more. Networking, hardware and software are some of their products.
The funds from this loan will assist Manu in expanding his business and moving from a leased to an owned space. Manu hopes to build greater visibility by moving to this independent building, and to build more contact relationships with neighborhood businesses.
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 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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Success!! The loan was 100% repaid