Pawstar is looking for support!
We are excited to announce we are starting a new crowdlending campaign through Kiva, a non-profit organization that helps small businesses achieve their goals by facilitating a crowdlending campaign for us. We are are sourcing the funds for a few projects this time and your support means the world to us! At the 22 year mark and six years in our building in Uptown Racine, we feel it is finally time to put our mark on the community and add the Pawstar logo to the building so that people can see the source of where all the fluffiness we provide comes from! As we have been low key promoting for a few years, we want to finish the first phase of PawstarStudios, a dedicated space for us to provide more and better media content. Finally, we want to metaphorically break ground on CounterSpace, a safe and inclusive event space right here at Pawstar HQ in Uptown Racine. This one will be a large undertaking so we will hope to have the space available for use in late 2025 with a grand opening in 2026. To achieve the first leg of our goal, we need to have 35 lenders pledge a minimum of $25 in the private fundraising portion of our loan. If we can achieve this within the next 14 days then our loan will proceed to the public funding portion and be available through Kiva's broader lending network.
Click Here to view out KIVA Profile
FAQ
Why am I lending to Pawstar?
As you know, we spend a great deal of our time and effort in pursuit of making the world a brighter and fluffier place through self expression, body positivity, and promoting the creative spirit! Through our social media we have been able to connect with people in new ways as well as help strengthen and uplift the communities that we are connected to. PawstarStudios and CounterSpace are both founded on the same principles and values that we have upheld in the last 22 years, and we hope to continue to provide a positive impact for years to come! What exactly is crowdlending? Crowdlending is funding through networks of individuals who want to help support the mission and goals of the fundraising business. Crowdlending is different than crowdfunding as 100% of the funds are repaid to the borrower instead of the model of a crowdfunding platform like Kickstarter, which funds are repaid in project deliverables. Tl;dr This means a 0% interest loan for us, and full repayment for our potential lenders. What will it take for the loan to be successful? There are two phases of the fundraising portion Kiva loan process.
First, there is the private fundraising phase, where we will need to get the support of 35 individuals that are willing to pledge at least $25 towards our goal. We only have 14 days to get this done or we need to start over from the beginning. The second phase starts once we have the 35 lenders and then Kiva will move the loan for further funding and promotion through their worldwide lending network. When we have reached our goal then Kiva will disburse our funds and we'll get to work! You can help support our mission by lending to us here!
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