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Trustee: Lawrenceville Corporation
Why are you interested in becoming a Trustee?
As an organization we take pride in the support we give to our entrepreneurs, and we see Kiva Zip as an exciting and creative way for our unique businesses to get access to funding.
What is the mission of your organization?
To act as a catalyst and conduit for responsible growth and reinvestment in the Lawrenceville community.
Borrower Due Diligence
How will you decide who to endorse as a borrower? What due diligence will you conduct?
The Lawrenceville Corporation has been working with small businesses and entreprenuers for over two decades. We will conduct a business assessment of each borrower to determine their readiness. We will only consider borrowers with business plans we can review.
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.