Overview

Why are you interested in becoming a Trustee?

We are the local Kiva Hub for Indianapolis, IN. We have a trained CAM with us as well working with the individual pipeline of borrowers seeking Kiva funds.

What is the mission of your organization?

Bankable is a nonprofit lender that seeks to create opportunities for all entrepreneurs in Indiana by providing access to capital, financial education, and economic resources to build healthy small businesses. The Bankable team works with entrepreneurs at any stage of business to build their credit, secure capital, increase financial literacy, and grow sound business foundations to make them Bankable for the future. Being Bankable means that we work to finance, educate, and support small business owners with the goal of getting them to the point where their credit, financial standing, and business know-how qualifies them for traditional funding.

Borrower Due Diligence

How will you decide who to endorse as a borrower? What due diligence will you conduct?

We see many borrowers come through our own pipeline that may not be fit for our underwriting requirements. If we see that they will be better fit for Kiva requirements we would like to create a partnership and relationship with Kiva and the borrower to help build their business and become profitable. We then can provide future funding if need be and help advise the borrower with resources they may not have been aware of. We will be able to use our CAM to provide details with Kiva underwriting on reasons this borrower could meet certain criteria to help fund them through to the full amount requested.