Trustee: Village Micro Fund
Atlanta, GA
Overview
- Why are you interested in becoming a Trustee?
- At the Village, it is our mission to help small businesses grow and scale through education, cooperative investing and cooperative development. We have been able to help over 100 businesses in our community and would love to partner with KIVA to help even more businesses succeed, as small businesses provide so many necessary jobs and opportunities to our communities.
- What is the mission of your organization?
- To provide just as much opportunity as there is genius in minority communities.
Borrower Due Diligence
- How will you decide who to endorse as a borrower? What due diligence will you conduct?
- We currently have a selection process that we use for our platform and cohorts. Through our cohorts, we have actually touched over 100 businesses that we can confidently endorse as borrowers. We will score potential borrowers with our rubric which includes a business model canvas audit and financial audit.
About Village Micro Fund
Trustee type:
N/A
Location:
Atlanta,
Time on Kiva:
N/A
Kiva borrowers:
12
Total loans:
$110,500
Paying on time:
Not enough data
Paying back late:
Not enough data
Defaulted:
4
Repayment rate:
37%
All Loans for this Trustee