Crowd-funded loan program lends boost to Louisville startups

A micro loan non-profit is teaming up with Louisville organizations to help small businesses in the community.

Sandra Perry, owner of Honest Home, can be found in her NuLu storefront leafing through books of non-toxic wallpaper and organizing the many varieties of sustainable flooring options.
In business for more than a year, Perry got to the point where she hit a ceiling. In order to grow and expand, she would need support.

So she turned to, a non-profit crowd-funded loan service for small business owners. It was there that she shared the sustainable mission of Honest Home and asked complete strangers to make a small investment.

What she got was $5,000 and a community of supporters.

Its stories like this that have encouraged Kiva officials in San Francisco to reach out to city leaders and partner with Louisville organizations. According to Kiva's Jonny Price, it's one of nine partner cities that they call Kiva Zip.

Read the full article

Previous Discrimination persists in Missouri's public contracting
Next CEI, Morgan Stanley to boost small businesses

About author

You might also like

News | West Virginia

Women Flexing Their Economic Muscle, Starting More Than 1200 New Businesses Per Day, According to New Research

As daily business creation hits a record pace, the number of women-owned firms reached a new milestone in 2014. The fourth annual report estimates that there are more than 9.1 million

News | Kentucky

What Does ‘Equal Pay Day’ Mean for Kentucky Women, Especially Minorities?

In the Bluegrass state, women earn 24 cents less than their male counterparts despite their growth in the workforce over the past three decades. The participation rate for working-age women