Bayou Micro Fund is a non-profit 501 (c)(3) corporation that providing interest free micro loans to Under Served, Unbankable Entrepreneurs. Launched in an effort to expand the presence of micro-lending opportunities in Houston, Texas.
We are a trustee of Kiva and collaboration with TiE Houston, a local entrepreneurial organization, to educate, fund, and incubate micro-entrepreneurs. The Seed of the Idea came from a talk that founder Prasad Menon made at a TiE event several years ago and stemmed from experiences earlier in his career. More here on Why We Started.
These micro-funding initiatives will be achieved through a combination of Kiva micro-funding and Partner Bank loans in Houston. We hope this collaboration will accelerate micro-lending and create a vibrant micro-finance community here in Houston.
To incubate micro-entrepreneurs by providing interest free loans and mentoring.
Energize the community to get connected with micro-entrepreneurs by
supporting and lending, thus creating a virtuous circle of giving.