Trustee: Hazelwood Initiative, Inc.
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Overview
- Why are you interested in becoming a Trustee?
- Being a Kiva Trustee will allow the Hazelwood Initiative to enhance the financial and technical assistance we provide to start-up and existing businesses in greater Hazelwood. We expect this will have a catalytic effect, as successful borrowers will not only repay their crowd sourced loans, but will help identify and recruit other borrowers whose ideas and dreams have potential for success.
- What is the mission of your organization?
- The Mission of the Hazelwood Initiative as a community-based, community development corporation is to be neighborhood driven, providing a shared stronger voice for Greater Hazelwood by gathering community input to build a sense of hope, harmony and promise, and by supporting human, spiritual and community development.
Borrower Due Diligence
- How will you decide who to endorse as a borrower? What due diligence will you conduct?
- Similar to a lending organization, we will have criteria for underwriting. That includes, but is not limited to proof of identity; analysis of business plan; lengthy interview regarding hopes, dreams and the person's vision of their future success; evaluation of credit report and credit score; review of assets and liabilities, debt load capacity, etc.; observation of product sales or service delivery; and possible queries of customers and vendors
About Hazelwood Initiative, Inc.
Trustee type:
N/A
Location:
,
Time on Kiva:
N/A
Total loans:
$10,000
Repaid in full:
Not enough data
Defaulted:
Not enough data
Repayment rate:
Not enough data
All Loans for this Trustee