Case Studies
CDFIs Make Excellent Kiva Hubs, Track Record with WWBIC Shows
The Wisconsin Women’s Business Initiative Corporation (WWBIC) is a CDFI that provides business and financial education classes coupled with affordable loan products ranging from $5,000 - $250,000. WWBIC’s focus is on serving women, veterans, low-income households, and people of color. WWBIC has five offices throughout Wisconsin.
City of Rochester Case Study
After the Rochester’s main employer, Kodak, officially shuttered its plant in 2011, the city’s citizens and leadership were looking for mechanisms for local investment. Small businesses were suffering in a loan-desert landscape that did not provide ready access to financing. The city government looked to Kiva as a way to bring in needed investment, whose mission aligned well with Mayor Warren’s key initiatives.