Trustee: Foundry Collective
Corvallis, OR
Overview
- Why are you interested in becoming a Trustee?
- Helping rural starters and small business owners access the capital they need to launch and grow is an important aspect of the work we do.
- What is the mission of your organization?
- Reinventing Rural is an online community and service provider focused on helping rural communities in Oregon and the Pacific Northwest embrace their rugged culture of innovation and entrepreneurship through supporting the launch and growth of rural small businesses.
Borrower Due Diligence
- How will you decide who to endorse as a borrower? What due diligence will you conduct?
- We are partners with both CO.STARTERS and IdeaBuddy. CO.STARTERS offers a 10-week program to help ensure the success of startups and IdeaBuddy is an online business planning tool to assist starters and small businesses to develop business models, test ideas, make financial projections, and build business plans. We would expect borrowers to be using these resources as well as working with our Reinventing Rural ambassadors and other business consultants we partner with.
About Foundry Collective
Trustee type:
N/A
Location:
Corvallis,
Time on Kiva:
N/A
Kiva borrowers:
19
Total loans:
$155,000
Paying on time:
14
Repaid in full:
Not enough data
Defaulted:
Not enough data
Repayment rate:
88%
All Loans for this Trustee