Since we served the first scoop of our banana-based ice cream back in 2014 folks ask us everyday how they can send pints of Fronana to their family and friends. It has always been a long sought dream of ours to one day launch an online scoop shop so we can share Fronanagrams of love throughout the country.
Here at Fronana we’re thrilled to announce that we’ve partnered with Kiva, a nonprofit crowd-lending organization, to raise the funds to make the dream of our online scoop shop a reality.
Kiva was founded in 2005, in San Francisco, with a mission to connect people through lending. By lending as little as $25 on Kiva, anyone can help a borrower start or grow a small business, go to school, access clean energy or realize their potential.
When you give to a Kiva loan it’s just that, a loan, not a donation. Lending on Kiva creates a partnership and makes it easy to touch more lives with the same dollar. Fund a loan, get repaid, fund another. Kiva creates opportunity for you to play a special part in someone else’s story. When a Kiva loan enables someone to grow a business and create opportunity for themselves, it creates opportunities for others as well. That ripple effect can shape the future for a family or an entire community. To date Kiva houses 2.5M borrowers, located in 83 countries and 1.6M lenders who have funded $997.7M in loans.
Introducing Kiva Dayton:
Greater access to capital is critical to continuing the growing momentum in the Dayton startup community. Funding can’t just be for high-growth or technology-based startups – businesses of all types need to have opportunities for funding. To provide another outlet to support Dayton small businesses, Start Downtown introduces Kiva Dayton – a collaborative effort between several startup ecosystem partners to utilize the international platform of Kiva as a lending outlet for local small businesses and startups.
How We’ll Use Our Kiva Loan:
The funds from our Kiva loan will be used to launch our online Scoop Shop, setup responsible packaging, ramp up production and partner with a nationwide distributor. We will allocate $2,000 for site design, search engine optimization and ongoing support of site. The remaining $7,000 will be used to setup packaging and nationwide fulfillment. These items include creating punch plates for Fronanagram shipping boxes, purchasing print screens and print setup fees.
We are dedicated to responsible packaging and will purchase reusable and recyclable materials for shipping our frozen Fronanagrams.
This Kiva Loan allows us to ship 1,000 Fronanagrams and generate over $50,000 in revenue. This will expand our brand awareness, so Fronatics can share the Fronana experience with their friends and loved one’s across the country.
In less than a week we have received 90% of the loan and have less than $900 left to go! To give a loan as low as $25 or for more information visit our Kiva page: here.
*A HUGE thank you to all of those who have already supported us. We can’t want to get those Fronanagrams en route.