The browser version you are using is not supported by Kiva. Please use the most recent version of these supported browsers for Kiva to function properly.
Trustee: Los Angeles Food Policy Council
Los Angeles, CA
Why are you interested in becoming a Trustee?
One of our primary goals is to expand access to healthy food in low-income, under-served neighborhoods where we see a dearth of healthy food options. We do this by supporting neighborhood market owners and small food entrepreneurs in low-income communities to access resources they need to grow their business as healthy food retailers. Through KIVA Zip loans, neighborhood markets can purchase new refrigeration, signage and other equipment that will help them stock healthier food in their stores. In addition to the benefit to the neighborhood market, the community benefits with increased access to healthy food and the likelihood of improved health outcomes for residents.
What is the mission of your organization?
The Los Angeles Food Policy Council (LAFPC) is a collective impact initiative, working to make Southern California a Good Food region for everyone—where food is healthy, affordable, fair and sustainable. Through policy creation and cooperative relationships, our goals are to reduce hunger, improve public health, increase equity in our communities, create good jobs, stimulate local economic activity, and foster environmental stewardship.
Borrower Due Diligence
How will you decide who to endorse as a borrower? What due diligence will you conduct?
Borrowers whom we work with will be active participants in the Healthy Neighborhood Market Network, a platform for providing business and leadership development training to neighborhood markets seeking to become healthy food retailers. For us to act as Trustee for a Borrower, the business must be an existing small market with at least 1 year operating as a business or comparable business record, in overall good financial health, current on all business licenses and permits, demonstrate pride in ownership of their store site, demonstrated interest in selling healthy food and a willingness to collaborate with the community. To demonstrate this, we would ask to see the last 3 years of personal and business tax returns and a 60 day Profit & Loss Statement and Business Balance Sheet, along with copies of business licenses, and state-issued identification. We also look for store owners who express their passion and leadership for their community and promoting healthy lifestyles, maintain the appearance of the store, and are open to partnering with community-based organizations in their area.
This is the type of organization that the Trustee is.
What are Trustee tiers?
Trustee tiers determine the number of endorsements a Trustee can make and what loan sizes they can endorse. All Trustees begin as a pilot and can advance in tier depending on their borrowers' repayment performance.
For for more information about Trustee tiers, visit: kivaushub.org/trustee-tiers
This is the location where the Trustee is based.
Trustee's time on Kiva
Time on Kiva shows the number of months a Trustee has been endorsing loans on Kiva for funding.
Kiva borrowers (direct loans)
This figure represents the total number of loans endorsed by this Trustee that have fundraised on Kiva.
Trustee's total loans
This figure includes the total amount of loans that this Trustee has endorsed. This excludes refunded loans.
Fundraising / raised
This figure represents the number of loans endorsed by this Trustee that are currently fundraising or fully funded.
Paying back on time
This figure represents the number of loans endorsed by this Trustee that are currently paying back on their repayment schedule.
Trustee's loans paying back late
This figure represents the number of loans endorsed by this Trustee that are currently paying back behind their repayment schedule.
Repaid in full
This figure represents the number of loans endorsed by this Trustee that have completed all repayments.
Trustee loans defaulted
This figure represents the number of loans endorsed by this Trustee that have ended in default.
Trustee repayment rate
This figure is the total amount of money currently collected by borrowers endorsed by this Trustee, divided by the total amount of money currently due from borrowers. This excludes payments made ahead of schedule.