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Leyda
Through Columbia English Institute, Leyda works hard to provide quality English-language instruction to students all over the northern New Jersey area. Many of her students are recent immigrants with limited or no English proficiency, and her program helps them to gain the skills they need to succeed both in their personal and professional lives in the US. Columbia English Institute not only provides students with language skills, it also helps connect them to opportunities for jobs, where they can use their English skills, and other education certifications such as the GED.

Leyda is a repeat borrower in good standing with the Intersect Fund. She used her previous loan to recover from the devastating effects of Hurricane Sandy. She will use the funds of this loan to further her business’ mission by purchasing computers and video equipment for her language learning programs.

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.

About United States

  • $47,000
    Average annual income
  • 16
    View loans »
    United States Loans Fundraising
  • $11,545,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $9,100 helped Leyda to purchase new computers and video equipment for her language learning programs.
78% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2014
Listed
May 24, 2014
Currency Exchange Loss:
N/A