Kiva Zip

Micro-financing for Emerging Entrepreneurs

Why choose Kiva Zip: Small, start‐up, and home‐based businesses are the engine of economic growth and job creation. Kiva Zip provides small business microloans to inspiring entrepreneurs working to make a positive impact in the community. The no‐interest loans are crowdfunded by hundreds of lenders around the world who lend as little as $5 each. Many lenders become customers, vocal supporters and trusted advisors of the businesses they support on Kiva Zip.

Loan amounts: Up to $10,000 for the first Kiva Zip; subsequent loans can be larger.

Down payment: None

Eligible projects: Any business purpose – include working capital, inventory, and equipment.

Eligible businesses:

All borrowers must be endorsed by a trustee (like Dakota CDC), who can vouch for their character and business. Borrowers must be over 18 years old, have a PayPal account and not currently be in foreclosure or bankruptcy. Annual income must be less than $100,000 with debt to income ratio of less than 35%.

Collateral and security: None

Term: Up to 36 months

Rates: 0%

Other questions? See our FAQ

Contact us to discuss project feasibility and details of this and other loan programs.