We are so excited about our Supporters. These supporters are donating products to our goodie bags and they’re donating products for raffles. Let me tell you about them.
QuickStick is an amazing product. It was born out of a desire to help people get the most out of the spaces in their homes. Thoughtful designs are offered to meet everyday needs through a range of eighteen utility, bathroom and kitchen products. The product line includes hooks, grabbers, cable management, bathroom caddies and other household accessories. Every QuickStick product is easy to use, restickable, repositionable and tool free. And the good news is they’re adding their product to our goodie bags.
The Bare Body Collection is an awesome collection of natural products and consists of Bare hand whipped body butters, lotions, and potions all of which are individually packaged and Martha tested and they will have products in our goodie bags.
Skin Ethiks believe that knowledge in skincare and esthetic trends has merged to create this predominantly natural line that utilizes the beneficial attributes of plant butters, essential oils and botanical essences. No parabens sulfates or mineral oils and naturally derived antioxidants as preservatives generate a simple cleanse, healthy tone and hydrating topical moisture. These elements with essential oil fragrances also ensure peace of mind which is key to achieve flawless skin. All of their products are made per order for stability of ingredients. They customize the majority of their orders. And they’re going to have products in our goodie bags.
And check out our Vendors. The Intersect Fund is going to be at our event.
The Intersect Fund is a rapidly growing, non-profit microlender and certified CDFI that equips the least fortunate with the skills and capital to develop successful businesses, generate income and build assets. We provide business training, coaching and microloans to low-income, minority and women-owned businesses throughout New Jersey.
Our clients are individuals seeking loans to grow their businesses and improve or establish a credit history. Our loans range from $100 to $25,000. In the aftermath of Superstorm Sandy in November 2012, The Intersect Fund expanded its lending to include Disaster Relief Loans of up to $15,000 at reduced interest rates to businesses throughout New Jersey devastated by the storm.
Conceived in a dorm room and started with just $1,000 in seed capital, The Intersect Fund disbursed its first loan in the Summer of 2009 and subsequently has provided more than 300 loans totaling more than $800,000 to owners of restaurants, bodegas, beauty salons, nutrition and fitness centers, an ESL school, a coffee roaster and many other types of microbusinesses. Our average loan size is $2,500 and although more than half of our borrowers have no credit score or a score under 600, and our loan loss rate was just 2.49% in 2012. Our flexible underwriting standards and cultural competencies enable us to engage clients traditionally un-served by larger financial institutions and microlenders.
Our business training provides one-on-one coaching and technical assistance for barely existing businesses to more established business seeking to register businesses, manage cash flow, find new customers and develop new marketing strategies. This â€œjust in timeâ€ approach has strengthened more than 1,000 businesses.
The Intersect Fund has garnered national recognition for its innovative work lending in the informal economy. In 2012, the Fund received more than 54 million media impressions as was featured in CNN, The New York Times, ABC Eyewitness News, Forbes, BusinessWeek, Inc. Magazine, Black Enterprise and dozens of other outlets. The Fundâ€™s CEO is a sought-after expert on entrepreneurship, microfinance, and small business, while our associate director is author of a biweekly small business column in the Home News Tribune, a local newspaper.