Update My Brand is a proud supporter of Kiva, a nonprofit crowdfunding service that provides life-changing financial lending resources to entrepreneurs in underprivileged communities around the world. For every new branding project we start, we will support an entrepreneur or family in need by funding their project on Kiva. The work you do with Update My Brand will not only improve your own business, but will also provide much needed funding to help others better their lives by creating the profitable business they’ve always dreamed of.
How does your branding project have an impact?
Your Project Starts
After your new Update My Brand project starts, we use a portion of the profit to fund a project on Kiva. Many of the entrepreneurs on Kiva have little or no financial resources in their communities, and would not be able to receive the funds they need for their business without this life-changing service.
Funds Are Received
The entrepreneur we have helped fund will receive a loan to help them make the investments they need in order for their business to thrive. As the business owner becomes successful, they will gradually pay back the amount they received without interest. We will then reinvest the amount of the loan they paid back, to support another entrepreneur’s project and keep the cycle going to continue providing these resources to communities in need.
Lives Are Changed
Now the proud owner of a successful business, the entrepreneur we helped fund will be able to better their life, as well as the lives of their family members and future generations. The underprivileged community they are a part of will also be positively impacted by the influx of commerce and wealth a thriving business will add to their local economy.