Kiva is an international nonprofit that connects online lenders to entrepreneurs through an online lending platform. Crowdfund loans unlock capital for underserved communities and those experiencing underlying barriers to capital access.
REDC is the Kiva Hub for New Hampshire. We assist you with the Kiva process and also provide free business advising and technical assistance that is crucial for strengthening small businesses.
$1,000 - $15,000
Terms up to 36 months
Connect with individual lenders looking to make a positive impact by supporting small businesses
Step 1 (Usually less than 14 days)
Start a loan application. Good applications have:
A clear business story
A great photo
A strong online presence
Step 2 (1-15 Days)
Private fundraising period
Utilize your social network and gather 10 - 40 friends to each lend as little as $25
Prove your own community trusts you, before borrowing from the Kiva community
Step 3 (1-30 Days)
Public fundraising period
Your application is live on Kiva’s platform
Visible to 1.7 million lenders from the global Kiva community
Step 4 - Repayment
Funds disbursed within 5 days of fully funding
1st repayment due 30 days after disbursal
Regular monthly repayments thereafter
A Kiva U.S. borrower must
Use the loan for a legal business
Be at least 18 years old
Not currently be in bankruptcy or foreclosure
What loan size do I qualify for?
Kiva U.S. looks at a variety of factors, including but not limited to the following: personal and business finances, online presence, character references, photo quality, and the quality of your loan description.
Reach out to Kit McCormick, REDC's Kiva Hub Capital Access Manager, to set up an appointment to discuss the Kiva process.