We know from the statistics that 8,000 small business owners get rejected from traditional loans every day. It's really hard to get capital for your business, especially if you're a start up business or you don't have perfect credit. So that's how the idea was born.
- Name: Kiva Zip
- Website: zip.kiva.org
- Field: Resource: Crowdfunding Micro-loan Website
- Connect: Twitter
This week’s guest is Suzanna Rush the U.S. Operations Manager at Kiva Zip. Kiva Zip is a crowdfunding micro-loan platform that offers 0% loans to small businesses within the U.S.
In September, I applied for a loan through the crowdfunding micro-loan site Kiva Zip for $3,000 to buy a new laptop and a monitor. My experience with the platform and the support I received from my community was absolutely incredible. It was also my only option, and I wanted to share this valuable resource with you in the hopes that it may help you or someone you know.
A few facts about Kiva Zip: its lent over $10 million dollars through the platform within the United States through 47 states to small businesses. Seventy-five percent of the loans have been loaned to women owned businesses, and I am one of those businesses!
We discuss what the platform is, how it works, who it’s for, and all of the information you need to get started. I hope it inspires you to pursue your business goals and maybe even support someone else’s!