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Trustee: The Intersect Fund

New Brunswick, NJ

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Why are you interested in becoming a Trustee?
To assist individuals in gaining access to the capital they need to start and/or grow their businesses which in turn will help them to earn the income necessary to be self-sufficient.
What is the mission of your organization?
The Intersect Fund is a non-profit organization that empowers entrepreneurs to start businesses, generate income, build assets and spark dramatic social change.
In the past, how effective have you been in achieving this mission?
Since its founding in 2008, The Intersect Fund has provided more than 160 micro-loans totaling nearly $300,000 to low-income and minority entrepreneurs throughout the State of New Jersey.
Do you belong to any organizational networks -- nationally, regionally, or locally? If yes, please list.
Association of Enterprise Opportunity, Campus Microfinance Alliance, Credit Builders Alliance, Middlesex County Chamber of Commerce
How will you decide who to endorse as a borrower? What due diligence will you conduct?
We will endorse borrowers who meet Kiva's criteria but have fallen short of the guidelines of The Intersect Fund.
How do you plan to support the borrower, both before and after the loan is disbursed?
Borrowers recommended to Kiva will be provided assistance with the loan application process, will have access to The Intersect Fund's Action Step one-on-one business training and coaching program which includes vital information on building their credit score to ensure access to capital in the future. They will be evaluated at time of loan repayment to ensure that they have met their predetermined goals and are on the road to success.
How will you help us ensure that the loans you endorse have a significant and positive social impact?
With a focus on low income communities, the borrowers are individuals who are underbanked and lack access to traditional banking and loan products. Access to even small amounts of capital will enable these individuals to take the first step toward financial security. We will only refer customers with whom we have a relationship and will be a good fit to Kiva services.

About The Intersect Fund

Trustee Type:
Organization
Website:
intersectfund.org
Follow:
Facebook Twitter
Badges:
None
On Zip Since:
Nov 21, 2012
(17 months)
Loans Endorsed:
2
Total Value:
$10,000
Fundraising/Raised:
0
Paying on Time:
Not enough data
Paying Back Late:
Not enough data
Repaid in Full:
0
Defaulted:
0
Repayment Rate:
Not enough data

What are Trustee Badges?

Trustee Badges are a system designed to recognize and reward trustees’ engagement with the Kiva Zip website.

There are two types of badges that are tiered like medals: Gold, Silver and Bronze.

  1. 'Repayment badges' are awarded for the on-time repayment of loans.
  2. 'Connectedness badges' are awarded for engagement with the Kiva Zip website.

Most Recent Endorsements

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Ariannis
Keyport, NJ
Disbursed Aug 8, 2013
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Felix
New Brunswick, NJ
Disbursed Apr 1, 2013
Search Loans (2 loans total)
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