Trustee: Build Institute
Detroit, MI
Overview
- Why are you interested in becoming a Trustee?
- We have developed and helped train a network of remarkable, disciplined small businesses, who are right in the sweet spot for Kiva Zip in terms of business mission, financial need and ability to repay.
- What is the mission of your organization?
- To provide information, connections and key tools to help people build a project or business in Detroit.
Borrower Due Diligence
- How will you decide who to endorse as a borrower? What due diligence will you conduct?
- The businesses that come through our network generally participate in our eight-week entrepreneurial training course, meaning we help them work through the development of a business plan, spend eight weeks getting to know them, and have a formal process by which we can evaluate their business plans and financial projections.
About Build Institute
Trustee type:
N/A
Location:
Detroit,
Time on Kiva:
N/A
Kiva borrowers:
100
Total loans:
$633,500
Repaid in full:
51
Defaulted:
25
Repayment rate:
77%
All Loans for this Trustee