As fall is in full swing, our members are ramping up production for a busy holiday season. Whether they're planting the seeds of soon-to-be businesses or making plans for growth, they share a common need for capital to turn their visions into reality.
Knowing that, we’re excited to tell you about the Kiva Zip loan program, offering members the opportunity to apply for a character-based loan of up to $5,000, providing access to capital to business owners that may not qualify for conventional lending. We're currently fundraising for two FoodLab member businesses and we're asking for your help to make their loans become a reality!
The loans are currently in a private fundraising period, during which we need 15 lenders in order to make it on the public platform where anyone on Kiva Zip can lend their support. Are you willing to lend as little as $25 (which you will get back!) so that these loans can progress to the public fundraising period? If you would like to support one or both campaigns, please see below for their stories and a link to their fundraising pages.
Her inspiration: My dream for the future is to serve my community by creating and providing a healthy alternative snack. I also hope to be a mentor to other food entrepreneurs, provide employment for vulnerable populations, and create healthy eating educational campaigns. I believe in working for the common good while growing my business.
How your contribution will help: I'll be using my Kiva loan of $5,000 to invest in the necessary equipment and rental facilities to sustainably grow Charma’s Green Chips into a well-known healthy snack alternative for more aware, healthier communities. Support Charma's Living Kitchen here!
Day to Day Fresh Frozen Foods
Owner: Mary Ann Baier
Her inspiration: For a long time, I’ve been interested in how our food systems and production influence the ways we eat and think about food. When I was laid off my from job as a nuclear medicine technologist, I became more involved with the Dearborn Sustainability Coalition, a local organization focused on promoting sustainable practices in all aspects of our community to protect our health and our environment. I began making my vegan, organic mac ‘n’ cheeze, Veggie Mac, for our bimonthly potluck meetings and it was a big hit! Now I'm focused on getting Veggie Mac on the market.
How your contribution will help: I'll be using my Kiva loan of $5,000 to get my Veggie Mac product properly packaged and labelled, licensed with well-documented standard operating procedures, and ready for retail and wholesale in local markets and grocery stores. Support Day to Day Fresh Frozen Foods here!