In response to the COVID-19 pandemic, Kiva US, a crowdfunding program that provides 0 percent interest loans, is expanding offerings to small business applicants up to $15,000 with grace periods between one and six months.
Kiva borrowers must use the loan for a legal business, be 18 years of age, not currently be in bankruptcy or foreclosure, and not be involved in a multilevel marketing business.
Loan amounts are determined by debt-to-income ratio and other factors.
