Yolanda is just one of the US business people who has received a loan through Kiva.org. Photo by Brandon Smith via Kiva
You might have heard of Kiva, where a crowd of regular people pool money to make small loans to business people in the developing world. But you probably didn’t know they are making loans to small businesses in the US.
In fact, I was surprised to find there has been a representative of Kiva active in my state of Oklahoma for over 5 years. They’ve loaned to several rural entrepreneurs in Oklahoma, including Rodney who runs a thermal imaging business the town of Kansas, Oklahoma (pop. 800). He used a small loan to do more marketing and reach a whole new group of potential customers.
If you’re looking for a small loan for your small business, Kiva is worth considering. Loans can be up to $10,000 at zero percent interest.
You can also help more people get loans through Kiva in your community. Anyone can spread the word and point small businesses directly to the Kiva website.
Nonprofit organizations can also directly administer loans as a Field Partners. Individuals or groups can serve as Trustees who endorse trustworthy borrowers without any financial involvement or liability. Learn more about these partner programs at Kiva.
New to SmallBizSurvival.com? Take the Guided Tour. Like what you see? Get our updates.
- Exact Yeti Blue mic volume and Windows settings to reduce background noise - February 17, 2020
- Getting local businesses to cooperate with you: Shop Hopping Around Brownsville - December 16, 2019
- Survey of Rural Challenges 2019 results - December 5, 2019
- Shop Indie Local adds a new twist to tired Buy Local campaigns - November 11, 2019
- Better entrepreneur training for small towns - November 4, 2019
- Culture is the intersection of people and place - August 19, 2019
- For easier social media marketing, fill in the blank - August 5, 2019
- Need a downtown business idea? Try a Cookie Crawl - July 22, 2019
- Need funding for the next step in your business? - July 17, 2019
- Youth business idea: phone clinics - July 8, 2019
