Trustee: Colorado Lending Source
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Overview
- Why are you interested in becoming a Trustee?
- We assist many small businesses in Colorado get started and have often referred people to Kiva's website. I am also a lender individually
- What is the mission of your organization?
- To foster the economic growth of diverse small businesses in our communities.
Borrower Due Diligence
- How will you decide who to endorse as a borrower? What due diligence will you conduct?
- We will only endorse applicants who go through the process of applying for one of our Colorado Main Street microloans, which involves an application, the review of a business plan with projections/assumptions, a meeting with staff and a recommendation to proceed with a request from our loan committee.
About Colorado Lending Source
Trustee type:
N/A
Location:
,
Time on Kiva:
N/A
Kiva borrowers:
48
Total loans:
$452,500
Paying on time:
Not enough data
Paying back late:
Not enough data
Repaid in full:
30
Defaulted:
2
Repayment rate:
92%
All Loans for this Trustee