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Emanuel
Emanuel has several successful years of experience operating a video production business, and he is looking to expand it by purchasing new equipment and opening a retail location. He is a repeat borrower of the Intersect Fund having paid back his previous loan in full and on time. He will use this loan to put down the security deposit on his new storefront.

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
  • 27
    View loans »
    United States Loans Fundraising
  • $12,015,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $3,150 helped Emanuel to open a retail location for his video production business.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2013
Listed
Jan 23, 2014
Currency Exchange Loss:
N/A
Expired:
Feb 22, 2014