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Trustee: Collective Commitments
Why are you interested in becoming a Trustee?
There are many potential entrepreneurs in Northern New England who could benefit greatly from gaining access to a Kiva loan. For some of them, this could be the only financial helping hand available to launch, and grow their business.
What is the mission of your organization?
To provide mentoring support to Northern New England entrepreneurs. We are most interested in serving entrepreneurs residing in rural, underserved communities and immigrant populations. In addition we are focused on working with farmers, fishers, food related businesses, makers and trade professionals.
Borrower Due Diligence
How will you decide who to endorse as a borrower? What due diligence will you conduct?
We intend to endorse borrowers that are a great fit with the purpose and intention of Kiva loans. We will meet with potential borrowers in person or by phone. We will also contact local networks who know and have worked with these borrowers.
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.