Local Farm Could Be Saved With As Little As $5

Wild Heaven Farm, a Chesterfield goat farm which produces goat milk soaps and skin care products, has faced difficulty after closing early last year, but has been approved by Kiva Zip, a pilot program that enables individuals to make direct loans to

Richmond, VA (I-Newswire) March 25, 2014 - The innovative crowd-funded micro-loan program Kiva Zip has approved the application of Wild Heaven Farm, a Chesterfield, Virginia goat farm which produces goat milk soaps and skin care products, facing a challenging start to its year and a questionable future.

Kiva Zip is a pilot program, launched by Kiva, that enables individuals to make direct loans to entrepreneurs in Kenya and the United States. The individual loans, which can be as little as $5 are pooled together. Unlike other crowd-funding platforms like Kickstarter and Indie Gogo, funds sent through Kiva Zip are loans to be repaid. As the loan is repaid, lenders can withdraw their money or re-lend it to another entrepreneur.

For small business owners, loans are available at 0% interest and borrowers have the opportunity to make connections with potentially hundreds of lenders and fans. This can pay off big -- a lot of lenders become customers, vocal supporters, and trusted advisers of the businesses they support on Kiva Zip.

Loans up to $50 will be matched by Capital One, a Fortune 500 company based in McLean, Virginia, provided the lender accesses zip.kiva.org/loans/3337/i/tttp directly.

Wild Heaven Farm has faced trouble after closing early last year. Spring began with the majority of the goats, the cornerstone of this agribusiness, milking poorly, one giving no milk at all. The failure of an integral piece of soap-making equipment further crippled the company's ability to make products to generate income. Not only do these circumstances make it difficult for Wild Heaven Farm to resume operations in 2014, the company's entire future is in jeopardy. Boot-strapping efforts such as a pre-season pre-order program have proved inadequate to help Wild Heaven Farm back to its fiscal feet.

Loans have been made to Wild Heaven Farm through Kiva Zip by people throughout the country and across the world, including France and Taiwan. Wild Heaven Farm will use the funds raised to purchase more doe goats who are milking heavily, purchase supplies to make soap, and pay the booth fees for the large events in the fall and winter that represent the bulk of their annual direct retail sales.

In accordance with Kiva Zip's policy, Wild Heaven Farm must raise the target of $5,000 to receive the funds. A short-fall in the fund-raising would result in the loan being canceled.

Currently, only one other business in Virginia is receiving financial assistance through the Kiva Zip network. Previously funded local businesses include Paris Creperie, Onetribe, and For Love of Food Catering.



About Wild Heaven Farm

Wild Heaven Farm, Central Virginia's first and finest, REAL handmade goat milk soaps. Accept no subs   More..titutes.

All of our soaps are made right here on the farm with hand-squeezed goat milk. No other animal products, artificial colors, preservatives or pre-packaged bases are used.Less..

Contact Information

Wild Heaven Farm
Mary Tucker
5230 Winterleaf Dr
Phone : 804-275-4361


farm   womanowned   familyfarm   microloan  

Published in:

Small Business

Published On:

March 25, 2014

Print Release:

Print Release

If you have questions regarding information in this press release contact the company listed above. I-Newswire.com is a press release service and not the author of this press release.The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. As some companies and PR Agencies submit their press releases once per week,month or quarter, make sure to check the official company website for accurate release dates as our site displays the I-Newswire.com press release distribution date only.We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for or omissions in that information or for actions taken in reliance on that information.

Related Releases

New Business Owners Can Now Process Payroll In House Without Hassle With EzPaycheck Payroll Software
With the new version of ezPaycheck software, business owners have new flexible ways to process payroll in house, easily. Customers can download and test drive it at no risk or obligation at www.halfpricesoft.com.

An Innovative Fix for Small Businesses and Startups Seeking Low Cost Capital Using Social Networks
Buddyinterest makes it simple, safe and transparent to seek and discover low cost capital from friends and family using social networks and facebook

Redefining the Next (Rising) Generation: A Conversation About Planning for Future Generations
A conversation about planning for success of future generations with Richard Orlando and Jay Hughes Jr. This talk addresses legacy planning beyond the financial aspects in a way that ensures happiness and fulfillment for future generations.

Durability Versus Class: Woolen Rug or Silk Rug!
The idea of using a rug for residential beautification is quite effortless but the decision of choosing one is not that easy.

Selecting the Au Pair and Mothers Help Is Streamlined by Perfect Match Au Pairs
At Perfect Match Au Pairs, emphasis during the selection is put on the behavioural aspects as well as the general temperament of the au pairs and the nannies.