diff --git a/src/components/Homepage/LendByCategory/FeaturedLoansCarousel.vue b/src/components/Homepage/LendByCategory/FeaturedLoansCarousel.vue
new file mode 100644
index 0000000000..db975a7e44
--- /dev/null
+++ b/src/components/Homepage/LendByCategory/FeaturedLoansCarousel.vue
@@ -0,0 +1,313 @@
+<template>
+	<div>
+		<h3>
+			{{ categoryPreLink(currentSlideCategory.id) }}
+			<router-link
+				:to="currentSlideCategory.url"
+			>
+				{{ cleanCategoryName(currentSlideCategory) }}
+			</router-link>
+			{{ categoryPostLink(currentSlideCategory.id) }}
+		</h3>
+		<kv-carousel
+			indicator-style="bar"
+			@change="onCarouselSlideChange"
+			class="featured-loans-carousel"
+		>
+			<template slot="default" slot-scope="props">
+				<kv-carousel-slide
+					:transition-name="props.transitionName"
+					v-for="category in prefetchedCategoryInfo"
+					:key="category.id"
+				>
+					<div v-if="categoryHasLoan(category.id)">
+						<loan-card-controller
+							loan-card-type="LendHomepageLoanCard"
+							:loan="loanForCategory(category.id)"
+							:items-in-basket="itemsInBasket"
+							:category-id="category.id"
+							:category-set-id="'Control'"
+							:enable-tracking="true"
+							:is-visitor="!isLoggedIn"
+						/>
+					</div>
+					<div v-else class="featured-loans-carousel__loading-div">
+						<kv-loading-spinner />
+					</div>
+				</kv-carousel-slide>
+			</template>
+		</kv-carousel>
+	</div>
+</template>
+
+<script>
+import _get from 'lodash/get';
+
+import cookieStore from '@/util/cookieStore';
+import { readJSONSetting } from '@/util/settingsUtils';
+import logReadQueryError from '@/util/logReadQueryError';
+
+import lendByCategoryHomepageCategories from '@/graphql/query/lendByCategoryHomepageCategories.graphql';
+import loanChannelInfoQuery from '@/graphql/query/loanChannelInfo.graphql';
+import loanChannelData from '@/graphql/query/loanChannelData.graphql';
+
+import KvCarousel from '@/components/Kv/KvCarousel';
+import KvCarouselSlide from '@/components/Kv/KvCarouselSlide';
+import KvLoadingSpinner from '@/components/Kv/KvLoadingSpinner';
+import LoanCardController from '@/components/LoanCards/LoanCardController';
+
+export default {
+	components: {
+		KvCarousel,
+		KvCarouselSlide,
+		KvLoadingSpinner,
+		LoanCardController
+	},
+	props: {
+	},
+	data() {
+		return {
+			categoryIds: [52, 96, 93, 89, 87], // fallback category ids
+			itemsInBasket: [],
+			prefetchedCategoryInfo: [],
+			isLoggedIn: false,
+			currentSlideIndex: 0,
+			featuredLoans: []
+		};
+	},
+	inject: ['apollo'],
+	apollo: {
+		preFetch(config, client) {
+			// Get the experiment object from settings with category ids
+			return client.query({
+				query: lendByCategoryHomepageCategories
+			}).then(({ data }) => {
+				// Get the array of channel objects from settings,
+				const categorySettingsArray = readJSONSetting(data, 'general.homepage_category_rows.value');
+				if (categorySettingsArray) {
+					// if successful set to categoryIds
+					const categoryIds = categorySettingsArray.map(setting => setting.id);
+					return Promise.all([
+						client.query({ query: loanChannelInfoQuery, variables: { ids: categoryIds } }),
+						client.query({
+							query: loanChannelData,
+							variables: {
+								numberOfLoans: 1,
+							}
+						})
+					]);
+				}
+			});
+		},
+	},
+	computed: {
+		currentSlideCategory() {
+			return this.prefetchedCategoryInfo[this.currentSlideIndex] || {};
+		},
+		allFetchedLoanIds() {
+			// returns array of all loan ids in this.featuredLoans
+			// includes loans that have been filtered out for fundraising etc.
+			// We can then exclude them in followup queries.
+			const loanIds = this.featuredLoans.map(category => {
+				return category.loans.values.map(loan => loan.id);
+			});
+			// reduces array of arrays into single array
+			return [].concat(...loanIds);
+		},
+	},
+	created() {
+		// Read the page data from the cache
+		let pageData = {};
+		try {
+			pageData = this.apollo.readQuery({
+				query: lendByCategoryHomepageCategories,
+				variables: {
+					basketId: cookieStore.get('kvbskt'),
+				},
+			});
+		} catch (e) {
+			logReadQueryError(e, 'FeaturedLoansCarousel lendByCategoryHomepageCategories');
+		}
+		this.processData(pageData);
+
+		// Read the loanChannel info from the cache
+		let categoryInfo = {};
+		try {
+			categoryInfo = this.apollo.readQuery({
+				query: loanChannelInfoQuery,
+				variables: {
+					ids: this.categoryIds,
+				},
+			});
+		} catch (e) {
+			logReadQueryError(e, 'FeaturedLoansCarousel loanChannelInfoQuery');
+		}
+		this.prefetchedCategoryInfo = _get(categoryInfo, 'lend.loanChannelsById') || [];
+
+		// Read the first loan from the cache
+		let loanInfo = {};
+		try {
+			loanInfo = this.apollo.readQuery({
+				query: loanChannelData,
+				variables: {
+					ids: [this.prefetchedCategoryInfo[0].id],
+					numberOfLoans: 1,
+				},
+			});
+		} catch (e) {
+			logReadQueryError(e, 'FeaturedLoansCarousel loanChannelData');
+		}
+		const channelLoans = _get(loanInfo, 'lend.loanChannelsById')[0];
+		this.featuredLoans.push(channelLoans);
+	},
+	mounted() {
+		this.activateWatchers();
+	},
+	methods: {
+		categoryHasLoan(categoryId) {
+			return !!this.featuredLoans.find(loanCat => loanCat.id === categoryId);
+		},
+		loanForCategory(categoryId) {
+			const category = this.featuredLoans.find(loanCat => loanCat.id === categoryId);
+			if (category) {
+				return category.loans.values[0];
+			}
+			return {};
+		},
+		cleanCategoryName(category) {
+			switch (category.id) {
+				case 52:
+					return 'women';
+				case 96:
+					return 'COVID-19';
+				case 93:
+					return 'shelter';
+				case 89:
+					return 'arts';
+				case 87:
+					return 'agriculture';
+				default:
+					// remove any text contained within square brackets, including the brackets
+					return String(category.name).replace(/\s\[.*\]/g, '');
+			}
+		},
+		// returns text before category url
+		categoryPreLink(categoryId) {
+			switch (categoryId) {
+				// women should be formatted as 'Loans to Women'
+				case 52:
+					return 'Loans to';
+				default:
+					return '';
+			}
+		},
+		// returns text after category url
+		categoryPostLink(categoryId) {
+			switch (categoryId) {
+				// women should be formatted as 'Loans to Women'
+				case 52:
+					return '';
+				default:
+					return 'loans';
+			}
+		},
+		fetchLoansForCategory(category) {
+			// if category does not have loans, get loans
+			if (!this.featuredLoans.find(loanCat => loanCat.id === category.id)) {
+				// fetch query data
+				this.apollo.query({
+					query: loanChannelData,
+					variables: {
+						ids: [category.id],
+						excludeIds: this.allFetchedLoanIds,
+						numberOfLoans: 1,
+					}
+				}).then(({ data }) => {
+					const channelLoans = _get(data, 'lend.loanChannelsById')[0];
+					this.featuredLoans.push(channelLoans);
+				});
+			}
+		},
+		onCarouselSlideChange(slideIndex) {
+			// When carousel slide changes, fetch loans for that category
+			this.currentSlideIndex = slideIndex;
+			this.fetchLoansForCategory(this.currentSlideCategory);
+		},
+		processData(data) {
+			// sets up component data from lendByCategoryHomepageCategories query
+			this.isLoggedIn = _get(data, 'my.userAccount.id') !== undefined || false;
+			// Get the array of channel objects from settings,
+			const categorySettingsArray = readJSONSetting(data, 'general.homepage_category_rows.value');
+			if (categorySettingsArray) {
+				// if successful set to categoryIds
+				this.categoryIds = categorySettingsArray.map(setting => setting.id);
+			}
+			this.itemsInBasket = _get(data, 'shop.basket.items.values', []).map(itemInBasket => itemInBasket.id);
+		},
+		activateWatchers() {
+			// Create an observer, this will react to changes to the basket and pass that data into the components.
+			this.apollo.watchQuery({
+				query: lendByCategoryHomepageCategories,
+				variables: {
+					basketId: cookieStore.get('kvbskt'),
+				},
+			}).subscribe({
+				next: ({ data }) => {
+					this.processData(data);
+				},
+			});
+		}
+	}
+};
+</script>
+
+<style lang="scss" scoped>
+@import 'settings';
+
+h3 {
+	margin-left: 3.0625rem;
+	text-transform: capitalize;
+}
+
+.featured-loans-carousel {
+	height: 0;
+	padding-bottom: 110%;
+}
+
+.featured-loans-carousel__loading-div {
+	display: flex;
+	align-items: center;
+	justify-content: center;
+	position: absolute;
+	top: 0;
+	bottom: 0;
+	right: 0;
+	left: 0;
+}
+
+// Overwrite styles for loan card to make it responsive.
+::v-deep .lend-homepage-loan-card {
+	width: 93%;
+}
+
+::v-deep .lend-homepage-loan-card__image-wrapper {
+	height: 12rem;
+}
+
+// Increase white space on card
+::v-deep .lend-homepage-loan-card__data-wrapper {
+	padding: rem-calc(9) 1.25rem 2rem;
+}
+
+::v-deep .lend-homepage-loan-card__borrower-info {
+	margin: 1rem 0 1.5rem;
+}
+
+::v-deep .lend-homepage-loan-card__fundraising-status {
+	margin-top: 0.65rem;
+}
+
+::v-deep .fundraising-status.left-and-to-go-on-top .left-and-to-go-line {
+	margin-bottom: 0.55rem;
+}
+</style>
diff --git a/src/components/LoanCards/LendHomepageLoanCard.vue b/src/components/LoanCards/LendHomepageLoanCard.vue
index 60708d7fa9..3de75c9133 100644
--- a/src/components/LoanCards/LendHomepageLoanCard.vue
+++ b/src/components/LoanCards/LendHomepageLoanCard.vue
@@ -194,7 +194,7 @@ $card-half-space: rem-calc(14/2);
 	box-shadow: 0 0.65rem $card-margin $card-half-space rgb(153, 153, 153, 0.1);
 
 	&__image-wrapper {
-		height: rem-calc(168);
+		height: rem-calc(165);
 		border-radius: 0.65rem 0.65rem 0 0;
 		overflow: hidden;
 		flex-shrink: 0;
@@ -202,7 +202,7 @@ $card-half-space: rem-calc(14/2);
 		::v-deep a.borrower-image-link {
 			position: relative;
 			display: inline-block;
-			height: rem-calc(168);
+			height: 100%;
 		}
 
 		::v-deep button.favorite-star {
@@ -213,7 +213,7 @@ $card-half-space: rem-calc(14/2);
 	}
 
 	&__data-wrapper {
-		padding: rem-calc(5) 0.95rem 1.5rem;
+		padding: rem-calc(7) 0.95rem 1.5rem;
 		display: flex;
 		flex-direction: column;
 		justify-content: space-between;
@@ -249,6 +249,7 @@ $card-half-space: rem-calc(14/2);
 			text-align: left;
 			font-size: 1rem;
 			height: 1.25rem;
+			margin-bottom: 0.15rem;
 		}
 	}
 
diff --git a/src/pages/Homepage/LendByCategoryHomepage.vue b/src/pages/Homepage/LendByCategoryHomepage.vue
index d5c930c3d2..789480f0bb 100644
--- a/src/pages/Homepage/LendByCategoryHomepage.vue
+++ b/src/pages/Homepage/LendByCategoryHomepage.vue
@@ -3,7 +3,7 @@
 		<section class="featured-loans section">
 			<div class="row">
 				<div class="small-12 large-6 columns">
-					carousel here
+					<featured-loans-carousel />
 				</div>
 				<div class="small-12 large-6 columns">
 					<h1 class="featured-loans__header">
@@ -14,7 +14,7 @@
 						dreams by crowdfunding loans and unlocking capital.
 						<router-link
 							class="show-for-large featured-loans__body-link"
-							href="/lend-by-category"
+							:to="'/lend-by-category'"
 							v-kv-track-event="[
 								'homepage',
 								'click-Get started',
@@ -236,14 +236,16 @@ import KvResponsiveImage from '@/components/Kv/KvResponsiveImage';
 import HomepageStatistics from './HomepageStatistics';
 
 import LoanCategoriesSection from '@/components/Homepage/LendByCategory/LoanCategoriesSection';
+import FeaturedLoansCarousel from '@/components/Homepage/LendByCategory/FeaturedLoansCarousel';
 
 const imgRequire = require.context('@/assets/images/lend-by-category-homepage/', true);
 
 export default {
 	components: {
+		FeaturedLoansCarousel,
+		HomepageStatistics,
 		KvButton,
 		KvResponsiveImage,
-		HomepageStatistics,
 		LoanCategoriesSection,
 	},
 	props: {
@@ -335,11 +337,27 @@ export default {
 <style lang="scss" scoped>
 @import 'settings';
 
+// utils
+.section {
+	position: relative;
+	padding: 3rem 0;
+
+	@include breakpoint(large) {
+		padding: 6rem 0;
+	}
+}
+
 .lend-by-category-homepage {
 	overflow: hidden;
 }
 
 .featured-loans {
+	padding: 2rem 0 1rem;
+
+	@include breakpoint(large) {
+		padding: 4rem 0 2rem;
+	}
+
 	&__header {
 		@include large-text();
 
@@ -375,6 +393,12 @@ export default {
 }
 
 .loan-categories {
+	padding: 1rem 0 3rem;
+
+	@include breakpoint(large) {
+		padding: 2rem 0 6rem;
+	}
+
 	& .row {
 		max-width: 69.15rem;
 	}
@@ -628,13 +652,4 @@ export default {
 	}
 }
 
-// utils
-.section {
-	position: relative;
-	padding: 3rem 0;
-
-	@include breakpoint(large) {
-		padding: 6rem 0;
-	}
-}
 </style>