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Manu
It seems only natural for Manu to manage his own information technology company. With several years of experience in consulting, managing, designing and developing business and system applications, Manu knows the industry in and out. He has worked in various industries, from banking and finance to manufacturing, and for international organizations such as General Electric (GE), Proctor & Gamble (P & G), J.P. Morgan Chase and Verizon Wireless.

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.

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
  • 25
    View loans »
    United States Loans Fundraising
  • $12,059,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $5,425 helped Manu to move an experienced information technology (IT) company into its own space.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2013
Listed
Nov 4, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 20, 2015