Bruin Microfinance
Bruin Microfinance is UCLA’s Kiva chapter & first undergraduate microfinance institution. Here, we empower social mobility through financial services, one consulting and investment project at a time. We have two programs: a strategy consulting division and an investment fund. These programs work together to carry out quarterly projects where we partner with a small business in the Greater Los Angeles area, help them get a zero-interest microloan up to $15,000 on kiva.org, and provide strategy consulting services to help them succeed with the loan funds. Through this, we help borrowers change their lives financially while providing members with hands-on business experience. Our organization is a chapter of Kiva.org, a non-profit microfinance organization that provides microloans to people in need worldwide, especially in developing nations. These loans create opportunities for individuals to change their lives by jump-starting businesses, funding higher education, paying medical bills, and more. Once borrowers are successful, they repay their loans to the Kiva organization, where their funds are reused to create new opportunities, continuing the microloan cycle.
https://www.bruinmicrofinance.org/
bruinmicrofinance@gmail.com
Signatories: Dylan DO, Aaron Tang, and Benjamin Schardt
Advisor: Orlando Luna
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