"It's a hand up. Not a hand out."missionbelt.com
Mission Belt offers no-hole leather and nylon belts for men, women, and children in a range of colors.
The company donates one dollar from each belt sale to its micro-lending fund, hosted by peer-to-peer micro-lending company Kiva. The fund allows Mission Belt to offer microloans between $25-$500 in value per loan to those fighting hunger and poverty. Mission Belt provides information about the loans it has made on its Kiva Landing Page, where customers and friends are also encouraged to join them in their lending efforts as a “friend.” To date, Mission Belt’s efforts have resulted in 85,000 unique loans made in more than 70 countries.
The Mission Belt’s trademark no-hole design features a ratchet buckle system that adjusts in quarter-inch intervals, similar to zip ties, rather than the one-inch increments found on traditional belts. The company leapt to prominence when its founders appeared on Shark Tank and walked away with a $50,000 investment from billionaire investor Daymond John in return for 37.5-percent ownership of the company.