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.
- Rural Tourism Trend: electric vehicle chargers can drive visitors - January 15, 2023
- 2023 trends for rural and small town businesses - December 26, 2022
- Local reviews on Google Maps drive enduring value - December 17, 2022
- Extra agritourism revenue from camping, cabins and RVs with HipCamp - December 12, 2022
- Harvest Hosts attract vanlifers and RV tourists, Boondockers Welcome - December 2, 2022
- Holiday 2022 marketing: Tell your founding story - December 1, 2022
- Holiday 2022 Marketing: Tell your customers’ stories - November 30, 2022
- Holiday 2022 Marketing: Introduce your people - November 29, 2022
- Holiday 2022 Marketing: Share your holiday traditions - November 28, 2022
- Holiday Marketing 2022: Support your service businesses - November 22, 2022