"They" say name your business after something you love, and we sure did! Welcome to Wild Sage Restaurant, named after my 5-year-old daughter Sage. Located in Condon, Oregon, within The Historic Hotel Condon, my venture celebrates local bounty and community connection, driven by passion and sustainability. I am a chef, a mother, a wife, and now a small rural business owner. Using my ten years of experience in the food and beverage industry, I'm striving to design a space and dining experience that portrays my passion for creating dishes that utilize fresh, clean, local, seasonal, and sustainable ingredients. I believe that art and food go hand in hand, encouraging me to provide space in Wild Sage for local artists to display and sell their art.
I envision a creative dining experience harmonizing with rural Oregon's natural beauty. Adhering to local sourcing, scratch cooking, and sustainability principles, we'll source ingredients from nearby farms, embrace seasonal flavors, and minimize waste. We've meticulously planned every detail; Wild Sage combines cozy charm with modern culinary delights and is located in a nearly 100-year-old hotel, further enhancing the restaurant's experience and (dare I say it?) flavor. Situated in The Historic Hotel Condon, we attract both locals and tourists.
Our menu features dishes crafted from local, seasonal ingredients, celebrating Oregon's agricultural richness. Beyond being a restaurant, we offer catering services for events, from intimate gatherings to corporate meetings. Our team can create customized menus to reflect our clients' tastes. Community engagement is key to Wild Sage. We foster relationships with local farmers, artisans, and residents to support the local economy and promote sustainability.
Through partnerships and events, we aim to be an integral part of the Condon community, which has needed a wonderful dining experience for a long time. Although we are rural-based, there has been a demand in Condon and the surrounding area for an affordable but better environment to dine in and a menu filled with local options.
Join us on this journey. Your support helps make our vision a reality. Together, we can create a place where Oregon's flavors thrive, and community spirit shines. Thank you for considering being part of the Wild Sage story.
Adding to basket
Funded
A loan helped a small, rural Oregon restaurant achieve start-up costs and operating expenses needed to open.
Alyson's story
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More about this loan
Business Description
Wild Sage Restaurant is an ambitious culinary venture set to open its doors in rural Condon, OR, nestled within the historic walls of The Hotel Condon. We aim to create a vibrant dining establishment that celebrates the region's bounty while offering full-service restaurant experiences and catering services. Condon, Oregon is a proud, century-old farming community nestled between miles of rolling, golden wheat fields in Eastern Oregon. We are located on the high plateau of the Columbia River Region, less than 3 hours from Portland and 2 1/2 hours from Bend.
At Wild Sage Restaurant, we envision a dining experience harmonizing with rural Oregon's natural beauty and bounty. Our concept revolves around three core principles: local sourcing, scratch cooking, and sustainability. We are committed to sourcing ingredients from nearby farms and producers, embracing seasonal flavors, and minimizing waste through thoughtful menu planning and efficient kitchen practices.
Our menu will showcase dishes crafted from local, seasonal, whole-fresh ingredients. From farm-fresh salads to hearty entrees highlighting the region's finest meats and produce. In addition to our restaurant offerings, Wild Sage Restaurant will provide catering services for events ranging from intimate gatherings to large-scale celebrations.
Wild Sage Restaurant is more than just a place to dine; it's a community engagement and connection hub. We are dedicated to fostering meaningful relationships with local farmers, artisans, and residents, collaborating with them to support the local economy and promote a culture of sustainability. We aim to become integral to the Condon community through partnerships, events, and outreach initiatives.
Check us out on Instagram: @wildsagerestaurant
What is the purpose of this loan?
I am seeking this Kiva loan to purchase the necessary inventory to open Wild Sage Restaurant in beautiful Condon, Oregon.
While the Historic Condon Hotel location has had many previous bars and restaurants in its 100-year history, some specific pieces are missing. We'll be an on site restaurant and catering business, plus we can offer off-site catering, so we’ll need more equipment and tools to manage the different business needs.
The loan will also help offset the cost of equipment, and marketing.
Specifically, Kiva loan funds will be allocated as follows:
- Equipment (about 42% of loan funds); - Inventory Items (about 11% of loan funds); - Marketing and signage (about 47% of loan funds)
Loan details
Loan length:
Repayment schedule
Monthly: One repayment made per month
End of term: One repayment made at the end of the loan term
Irregular: Any other repayment schedule
To see a detailed repayment schedule for a specific loan, click the "Repayment schedule" link on the loan profile under "Loan details."
What is the disbursed date?
In the case of partner loans, many of our Lending Partners choose to disburse loan funds before the loan request is posted on Kiva. We allow pre-disbursal because it ensures that the funds reach the borrower as soon as they are needed. Loan funds from Kiva lenders then go to backfill that amount and as a lender you assume the risk of the loan. By doing this, our Lending Partners assume the risk that, if the loan isn't funded by lenders, they will have to fund the loan without any funds from Kiva.
If a partner loan is not pre-disbursed, it will be listed on Kiva with an expected "post-disbursed" date. If a post-disbursed loan is not funded on Kiva, there is a chance that the borrower may not receive their loan. Some Lending Partners choose to disburse loans with other sources of funding, while other partners don't have the resources available to fund loans without Kiva lenders' support. No direct loans will be disbursed unless they fully fundraise on Kiva.
Funding model
What does "Partner covers currency loss" mean & how could it affect my Kiva loans?
Potential for currency exchange loss is noted on every loan profile under the loan details:
"Yes" means the Lending Partner will cover any currency loss. Lenders will not bear losses due to currency fluctuation
"Partial" means that the Lending Partner has opted to cover losses only up to 10%. If the U.S. dollar appreciates more than 10% against the local currency, those losses will be passed onto lenders.
"No" means that the Lending Partner is not covering any currency losses and all losses will be passed onto lenders.
"N/A" means the Lending Partner disburses loans to borrowers in USD so their loans are not subject to any currency fluctuation.
Do Kiva borrowers pay any interest on their loans?
Our partners collect interest from borrowers because there are many operational expenses associated with microfinance in developing markets, especially in rural areas. Many of Kiva's Lending Partners also provide additional services alongside their loan products such as business training, financial literacy lessons, or health services.
Kiva will not partner with an organization that charges unreasonable interest rates, and we require Lending Partners to fully disclose their rates. In addition, we only partner with microfinance institutions and organizations that have a social mission to serve the poor, unbanked, and underserved.
There are some 0% interest loans on Kiva, including all direct loans in the United States. To learn more about the interest rates Kiva borrowers pay, you can review the "Average cost to borrower" field on a loan profile.
We also encourage you to read the following articles if you are interested in further educating yourself on the topic: Microfinance 101 (https://www.kiva.org/microfinance), Top 10 things to know about microfinance (https://www.kiva.org/blog/top-10-things-to-know-about-microfinance), Microfinance interest rates explained (https://www.kiva.org/blog/whats-up-with-microfinance-interest-rates)
What is a risk rating?
The Lending Partner risk rating reflects the risk of institutional default associated with each of Kiva’s Lending Partners. A 0.5-star rating means the organization has a relatively higher risk of institutional default, while a 5-star rating indicates the organization is at a relatively lower risk of default, based on Kiva's analysis and the available information displayed in the Lending Partner section of every loan. Lending Partners with the lowest credit tier undergo a lighter level of due diligence and do not receive a risk rating; instead, in places where a risk rating would normally appear, these partners are labeled as “Experimental.” For more information, see "What is an Experimental Lending Partner?"
Direct loans also do not receive a formal risk rating. Instead, these loans are approved through “social underwriting”, where trustworthiness is determined by friends & family lending a portion of the loan request, or by a Kiva approved Trustee vouching for the borrower. Direct loans will appear as "Unrated" and lenders should always assume these loans represent the highest level of repayment risk on Kiva.
How are loans facilitated?
Kiva loans are facilitated through 2 models, partner and direct, that enable us to reach the greatest number of people around the world.
For partner loans, borrowers apply to a local Lending Partner, which manages the loan on the ground. Lending Partners are responsible for screening borrowers, disbursing loans, posting borrowers to the Kiva website for funding, collecting repayments and otherwise administering Kiva loans on the ground to borrowers.
For direct loans, borrowers apply through the Kiva website and may or may not be endorsed by a Trustee. Unlike Lending Partners, Trustees don't handle any financial transactions or have any duty to repay loans on behalf of their borrowers. Instead, Trustees take the role of providing support and business advice to their borrowers throughout the term of the loan.
More information about successive and concurrent loans
Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Lending Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These additional loans are typically smaller than the borrower's primary loan and serve a different purpose. We trust our partners to determine whether a borrower has the means to be able to repay a successive or concurrent loan.
About Wild Sage Restaurant
Lenders and lending teams
Country: United States
Trustee: Foundry Collective
What are Trustee tiers?
For for more information about Trustee tiers, visit: kivaushub.org/trustee-tiers
Why are you endorsing Alyson?
We have witnessed Alyson's unwavering dedication to her community and her exceptional culinary skills firsthand. Her robust business plan and deep commitment to local engagement ensure her restaurant's success and lasting impact.
Tags
Loan tags help lenders find loans that match certain areas of interest.
Loan details
Loan length:
Repayment schedule
Monthly: One repayment made per month
End of term: One repayment made at the end of the loan term
Irregular: Any other repayment schedule
To see a detailed repayment schedule for a specific loan, click the "Repayment schedule" link on the loan profile under "Loan details."
What is the disbursed date?
In the case of partner loans, many of our Lending Partners choose to disburse loan funds before the loan request is posted on Kiva. We allow pre-disbursal because it ensures that the funds reach the borrower as soon as they are needed. Loan funds from Kiva lenders then go to backfill that amount and as a lender you assume the risk of the loan. By doing this, our Lending Partners assume the risk that, if the loan isn't funded by lenders, they will have to fund the loan without any funds from Kiva.
If a partner loan is not pre-disbursed, it will be listed on Kiva with an expected "post-disbursed" date. If a post-disbursed loan is not funded on Kiva, there is a chance that the borrower may not receive their loan. Some Lending Partners choose to disburse loans with other sources of funding, while other partners don't have the resources available to fund loans without Kiva lenders' support. No direct loans will be disbursed unless they fully fundraise on Kiva.
Funding model
What does "Partner covers currency loss" mean & how could it affect my Kiva loans?
Potential for currency exchange loss is noted on every loan profile under the loan details:
"Yes" means the Lending Partner will cover any currency loss. Lenders will not bear losses due to currency fluctuation
"Partial" means that the Lending Partner has opted to cover losses only up to 10%. If the U.S. dollar appreciates more than 10% against the local currency, those losses will be passed onto lenders.
"No" means that the Lending Partner is not covering any currency losses and all losses will be passed onto lenders.
"N/A" means the Lending Partner disburses loans to borrowers in USD so their loans are not subject to any currency fluctuation.
Do Kiva borrowers pay any interest on their loans?
Our partners collect interest from borrowers because there are many operational expenses associated with microfinance in developing markets, especially in rural areas. Many of Kiva's Lending Partners also provide additional services alongside their loan products such as business training, financial literacy lessons, or health services.
Kiva will not partner with an organization that charges unreasonable interest rates, and we require Lending Partners to fully disclose their rates. In addition, we only partner with microfinance institutions and organizations that have a social mission to serve the poor, unbanked, and underserved.
There are some 0% interest loans on Kiva, including all direct loans in the United States. To learn more about the interest rates Kiva borrowers pay, you can review the "Average cost to borrower" field on a loan profile.
We also encourage you to read the following articles if you are interested in further educating yourself on the topic: Microfinance 101 (https://www.kiva.org/microfinance), Top 10 things to know about microfinance (https://www.kiva.org/blog/top-10-things-to-know-about-microfinance), Microfinance interest rates explained (https://www.kiva.org/blog/whats-up-with-microfinance-interest-rates)
What is a risk rating?
The Lending Partner risk rating reflects the risk of institutional default associated with each of Kiva’s Lending Partners. A 0.5-star rating means the organization has a relatively higher risk of institutional default, while a 5-star rating indicates the organization is at a relatively lower risk of default, based on Kiva's analysis and the available information displayed in the Lending Partner section of every loan. Lending Partners with the lowest credit tier undergo a lighter level of due diligence and do not receive a risk rating; instead, in places where a risk rating would normally appear, these partners are labeled as “Experimental.” For more information, see "What is an Experimental Lending Partner?"
Direct loans also do not receive a formal risk rating. Instead, these loans are approved through “social underwriting”, where trustworthiness is determined by friends & family lending a portion of the loan request, or by a Kiva approved Trustee vouching for the borrower. Direct loans will appear as "Unrated" and lenders should always assume these loans represent the highest level of repayment risk on Kiva.
How are loans facilitated?
Kiva loans are facilitated through 2 models, partner and direct, that enable us to reach the greatest number of people around the world.
For partner loans, borrowers apply to a local Lending Partner, which manages the loan on the ground. Lending Partners are responsible for screening borrowers, disbursing loans, posting borrowers to the Kiva website for funding, collecting repayments and otherwise administering Kiva loans on the ground to borrowers.
For direct loans, borrowers apply through the Kiva website and may or may not be endorsed by a Trustee. Unlike Lending Partners, Trustees don't handle any financial transactions or have any duty to repay loans on behalf of their borrowers. Instead, Trustees take the role of providing support and business advice to their borrowers throughout the term of the loan.
More information about successive and concurrent loans
Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Lending Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These additional loans are typically smaller than the borrower's primary loan and serve a different purpose. We trust our partners to determine whether a borrower has the means to be able to repay a successive or concurrent loan.
Trustee: Foundry Collective
What are Trustee tiers?
For for more information about Trustee tiers, visit: kivaushub.org/trustee-tiers
Why are you endorsing Alyson?
We have witnessed Alyson's unwavering dedication to her community and her exceptional culinary skills firsthand. Her robust business plan and deep commitment to local engagement ensure her restaurant's success and lasting impact.
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