PCDfc is a trustee for Kiva, a program designed to help small businesses obtain 0% loans for up to $10,000
Kiva is a website that enables financially excluded and socially impactful entrepreneurs to access 0% interest small business loans. These loans are crowdfunded by hundreds of lenders from around the world who read your story, lend you as little as $25 each, and rally around your business as potential customers, business advisors, and brand ambassadors.
PCDfc is partnering with Kiva to bring this innovative funding to small businesses in Central and Eastern PA.
A Kiva loan can be used for any business purpose
- Purchase Inventory
- Invest in Equipment
- Expand Product Lines
- Hire Staff
- marketing and Advertising
Loan Details
- Small size – First loans are $10,000 or less
- Short loan term – 36 months or less
- 0% interest
- Administered via PayPal
- Crowdfunded on Kiva.org
- No collateral or security required
Eligibility Requirements
- Not currently in foreclosure or bankruptcy
- Must be over 18 years old
- Have a PayPal account or be able to create one