FSIC American Innovation and Opportunity Fund (AIOF) is announcing its acceptance as a Microlender Trustee with Kiva U.S.

FSIC American Innovation and Opportunity Fund (AIOF) is announcing its acceptance as a Microlender Trustee with Kiva U.S.  “This is a great day for FSIC American Innovation and Opportunity fund as we strive to provide additional access to funding for minority and underserved small businesses” said Brady Buckner, President of AIOF.

Kiva, known as The Bank of People, enables everyday people to pool lending contributions of as little as $25 to provide early-stage capital to small businesses in their community through crowdfunding, specifically women and people of color who have been excluded from traditional sources of funding and chose entrepreneurship as a means of building wealth.  Offering loans U.S. from $1000 to $15,000 at 0% interest Kiva uses a non-traditional small business underwriting method that does not make decisions based on credit scores or collateral.

For full press release click the link below:
2021-02-01 AIOF Kiva Partnership Press Release final4