Posted

Kiva lenders have shown their commitment to providing financial assistance to all by making 0% interest loans to entrepreneurs in the U.S. on Kiva.org for the last 10 years. In today’s difficult circumstances, we’d like to make it as easy and impactful as possible for small businesses in the U.S. to have access to affordable capital on the Kiva platform—capital that may be the difference between shutting down and keeping their doors open.

We recognize that the COVID-19 pandemic has global impact, and we’ll continue to explore ways to help as many people affected by this crisis as possible. Currently, the U.S. market is the place we have the most agility to deploy financial assistance.

Effective immediately, U.S. applicants for a Kiva loan will have access to the following:

  • Expanded eligibility: More businesses in the US will be eligible for a Kiva loan.
  • Larger loans: The maximum loan on the Kiva platform will increase from $10,000 to $15,000.
  • Grace period: New borrowers may access a grace period of up to 6 months for greater financial flexibility.

If you’re a small business owner who believes you can benefit from a Kiva loan, or you know one in your community, reach out. Join us at kiva.org/borrow and apply for a loan. The Kiva community is behind you.


Details

Organization/Company: Kiva
Website: https://www.kiva.org/borrow
Location: National
Deadline: Ongoing
How to Apply: https://www.kiva.org/borrow