Trustee: Twist Style LLC

Chester, VA

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Why are you interested in becoming a Trustee?
I sell the work of many artists who own small businesses. I frequently hear stories from them about the troubles of growing a business and the inability to secure smallish loans. An influx of capital is essential at some point in a growing business and I want to help those creative individuals who could make a go of it with a little financial help.
What is the mission of your organization?
Twist Style exists as an outlet for my own work, but the brick and mortar shop we own, Handmade Happiness Boutique (a DBA under Twiststyle LLC) is way to showcase many local and regional artists and help them to grow their brands and gather new customers.
In the past, how effective have you been in achieving this mission?
Twist Style is about 12 years old now and Handmade Happiness is 1.5 years old - we have seen many of the artists we carry enjoy successes brought about in part by their representation at the shop. Some are moving into a larger wholesale arena, selling to catalogs, doing trades shows - moving on up!
Do you belong to any organizational networks -- nationally, regionally, or locally? If yes, please list.
The Richmond Craft mafia - a local organizaiton
How will you decide who to endorse as a borrower? What due diligence will you conduct?
I intend to endorse borrowers whom I know on both a personal and professional basis. The personal nature of our business enables us to get to know our vendors very well. I am able to watch through personal interactions, social media, and product growth these individuals reach for the next level in growing their businesses. It will be easy and obvious to tell which folks are serious about their endeavors as I will have been privvy to their business practices up to the point where the elect to become borrowers. Watching a business grow shows a lot about the seriousness and dedication of the owner.
How do you plan to support the borrower, both before and after the loan is disbursed?
As a business person who has managed 2 businesses and belongs to a networking group full of like minded business owners, I have the skills and knowledge necessary to help guide and advise others who are seeking monies to grow or support their businesses. I will be available for meetings and conversations and can likely pass along contacts in various industries that will be helpful to those individuals.
How will you help us ensure that the loans you endorse have a significant and positive social impact?
The borrowers that I would endorse are all artists and crafts people who are making, or trying to make a living through their art. These folks provide high quality, beautifully handmade products to the world. They will be not only fulfilling a growing niche of sellers who provide the world with a way to purchase items that are not made in factories with poor ethics, but will also be bringing beauty to the world and living lives that are filled with creativity.

About Twist Style LLC

Trustee Type:
Limited Liability Corporation
Tier:
Third Tier trustee
Website:
twiststyle.com
Follow:
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On Zip Since:
Aug 2, 2013
(24 months)
Loans Endorsed:
1
Total Value:
$5,000
Fundraising/Raised:
0
Paying on Time:
0
Paying Back Late:
0
Repaid in Full:
Not enough data
Defaulted:
Not enough data
Repayment Rate:
Not enough data

Most Recent Endorsements

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Jared
Richmond, VA
Disbursed Aug 23, 2013
Search Loans (1 loan total)