Supporting Beginning Farmers with Zero Interest Loans
[Pages:29]Supporting Beginning Farmers with Zero Interest Loans
Beginning Farmers Leaning Network (BFLN) March 8
1
First, a little about
980K starter loans, 67 countries Crowdfunds $1mil in loans every 2.5 days
2
53%
47%
On Average,
ALMOST HALF
of the small businesses Kiva funds are in agriculture + food production
:What is it?
0% interest loan Funded entirely via online crowd-funding
4
:Who it's for?
Targets financially-excluded small and/or new businesses that have difficulty securing
traditional financing (usually too new, too small or
too risky)
5
In short..... "we design loans for small businesses other lenders cannot fund."
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3 quick reasons why our loans suit beginner farmers
7
1.
"Beginning"
2.
"Small"
3. "Strong social ties"
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