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: Welcoming Center for New Pennsylvanians
Why are you interested in becoming a Trustee?
We work with immigrants from around the world who face many challenges in starting businesses in the US. The most common challenge is access to finance and we strongly believe that Kiva Zip will be a great option. Based on our experience, our entrepreneur clients are strong candidates for credit and we have no doubt in their ability to repay every cent borrowed.
What is the mission of your organization?
The Welcoming Center for New Pennsylvanians connects newly arrived individuals from around the world with the economic opportunities that they need to succeed in the Philadelphia region. We believe that a steady influx of new customers, workers and entrepreneurs can reinvigorate Pennsylvania’s aging population, renew its neighborhoods, and re-energize our economy. By making Pennsylvania a magnet for immigrants, we will become a more vibrant, more creative, and more dynamic competitor in today’s global economy.
Borrower Due Diligence
How will you decide who to endorse as a borrower? What due diligence will you conduct?
We work very closely with a micro-lending agency (community development financial institution) in our city and we rely on their expertise to help ensure due diligence on the clients that we short list for endorsement. The clients we endorse are those who have proved to be:
Trustworthy and of impeccable character; Have viable business ideas; Great members of their community; Willing to learn new ideas to grow their business; Good credit rating; Have businesses with greater social impact; Able to repay the money they borrow.
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.