Why Microcredit is as Important in the US as it is in Africa with John Kavyavu S1 Ep.18
John Kavyavu is a Senior Small Business Loan officer and Director of Small Business Lending at Life Asset Inc. a non-profit organization that provides affordable financial services and education to micro and small entrepreneurs in the DC Metropolitan Area. At Life Asset John is responsible for providing outreach to African and Caribbean entrepreneurs who might benefit from Life Asset services, Lending Program Readiness training, and planning and executing a needs-based technical assistance program for the African and Caribbeans portfolio. John is also the CEO and Co-Founder of Pro-Microfinance International, a Maryland-based nonprofit organization that provides Technical Assistance and financial services to local entrepreneurs in DR Congo where he is from. John also serves as Executive Director of Mavuno a non-profit organization with the mission to eradicate extreme poverty in rural areas of Eastern DR Congo (where he is from) through entrepreneurship.
Key interview highlights:
- Microfinance is needed in America and other developed countries for underserved communities - Microfinance helps to reintegrate felons into economic life as entrepreneurs when they struggle to find formal employment
- The importance of proper business record keeping. COVID and the PPP process revealed to many small business owners the importance of proper record keeping to qualify for COVID relief support.
Guest contact info/social media: You can find John on LinkedIn if you would like to connect.
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