KIVA West Allis
Kiva is an online crowdfunding program that provides 0% interest loans to entrepreneurs and start-up businesses. Anyone can become a Kiva lender and help make entrepreneurship more inclusive by loaning as little as $25 to women, people of color, immigrants, veterans, and lower-income entrepreneurs and business owners. Kiva borrowers and lends come from all around the world, and we are excited to partner with KIVA to help grow our local entrepreneurial community.
Business owners in West Allis are eligible for zero-interest loans of up to $10,000 from Kiva, with the amount depending on length of time in business and social lending network success. Kiva loans are often given to startups or small businesses that need an extra piece of equipment, funding for a marketing campaign, or something else to help them jumpstart the business. The business must first raise money from friends and family on kiva.org before it is eligible for matching funds.
West Allis was designated a Kiva City in May 2019, meaning small businesses will have access to additional capital through this program. The City of West Allis has allocated $100,000 and made a three-year commitment to fund the administration of the program and matching funds for West Allis businesses that secure loans through the crowdfunding site kiva.org.
- 0% interest loans from $1,000 - $10,000
- No fees
- Terms up to 36 months
- Crowdfunded by borrower’s personal and professional networks as well as Kiva’s lenders
Monthly office hours
Meet with Renee Linder, West Allis Kiva contact, on the third Monday of each month during Kiva office hours.
- West Allis City Hall, 7525 W. Greenfield Ave. | 9 a.m. - noon
- West Allis Public Library, 7421 W. National Ave. | 3 - 6 p.m.
Email Renee or call 414-395-4548 to learn more.