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Micro-loans for Artists?

Micro-loans for Artists?

Let’s all start a trend. This is not original to me but the idea needs to be circulated further. Links to loan programs are now located at the bottom of this page…

A micro-loan program for artists. Here’s the way I’d set it up:

Similar to Kiva, artists would be loaned relatively minor amounts of money but rather than reimburse the lender in cash, the repayment would be in art. *Aug. ‘09 update: see below for Micro-loan resources for artists.

Example: I request a micro-loan of $30 to purchase ephemera [books, advertising, postcards, pamphlets]. The lender would receive a choice of one of three items:

1. a micro-painting [self-defined as: a 3"x3" canvas. See the  Canvas Project II currently sponsored by Art House Gallery] of either the project or another subject.

2. an artist trading card

3. a 5″x7″ photograph or print of the work supported by the loan request – either as a work “in progress” or completed.

Loan amounts would be limited to … let’s say, less than $50.

Micro-Loan for Artists Resource Links (linkage here in no way implies support for or agreement with the loaning entity’s politics or function)

Springboard for the Arts St. Paul – Twin Cities area
NonProfit Finance Fund
Microfundo for music microloans
The Center for Cultural Innovation

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