The Clinton School and Kiva have teamed up to help individuals raise money for their small business. Through Kiva, individuals can crowd-fund up to $5,000 dollars, which can be used for any business expense. Over the last year, Kiva has helped over 40 Arkansas businesses access capital and hopes to grow that number through a partnership with the Clinton School. For individuals who have great ideas, but are under served by traditional loan sources, Kiva offers a way to build an online presence while gaining brand ambassadors and creating community connections.
In order to become a borrower on Kiva’s site, and individual must first gain an endorsement from an established member of their community, called a “trustee”. A trustee can be an individual or organization and acts simply as a character voucher for a borrower.
Kiva is currently accepting applications from borrowers and trustees in Arkansas. If you are interested in participating in the program, or would like more information, please contact Mitchell Adams at dmadams@clintonschool.uasys.edu. Mitchell is a student at the Clinton School as well as a Kiva Fellow working in Arkansas. For more information visit zip.kiva.org.