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BDBC encourages business development internationally by loaning 10% of the proceeds from each Business Development Boot Camp and Business Development Boot Camp Lite engagement through Kiva.org. Recently featured in such publications and programs as The Wall Street Journal, The New York Times, Newsweek, and All Together Now on ABC News, Kiva allows individuals to make microloans to low-income entrepreneurs in the developing world.
How Kiva Microloans Work
Kiva allows individuals to make interest-free loans of $25 or more to low-income entrepreneurs in the developing world. This program provides affordable working capital for the poor (money to buy a sewing machine, livestock, etc.), empowering them to earn their way out of poverty. Kiva currently has a 100% loan repayment rate.
How BDBC Works with Kiva
Each BDBC client, after completing either a Business Development Boot Camp and Business Development Boot Camp Lite engagement, chooses which entrepreneur to whom to make a loan. Some elect to leave that decision to Taylor Caldwell, founder of BDBC. BDBC assumes the risk of default because the funds come from the specified engagement proceeds.
Participation in this program by our clients is voluntary.
