Trustee: Metropolitan Business League Foundation
Richmond, VA
Overview
- Why are you interested in becoming a Trustee?
- Many businesses particular minority owned businesses lack opportunities to receive funding and capital. I believe as a Trustee, we will be able to provide support through this resource.
- What is the mission of your organization?
- To promote economic prosperity throughout Virginia to small, women, and minority owned businesses through education, leadership, training, and advocacy.
Borrower Due Diligence
- How will you decide who to endorse as a borrower? What due diligence will you conduct?
- We have an ongoing working relationship with a network of over 500 business owners. Through our day to day efforts to help businesses grow and sustain, will allow us to strategically make good decisions if businesses meet the necessary criteria for Kiva loans and crowdfunding opportunities.
About Metropolitan Business League Foundation
Trustee type:
N/A
Location:
Richmond,
Time on Kiva:
N/A
Kiva borrowers:
47
Total loans:
$318,000
Paying on time:
14
Paying back late:
19
Defaulted:
6
Repayment rate:
57%
All Loans for this Trustee