Welcome to the new Business Services website!

Kiva Philadelphia (Small Business Loans)

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 $5 each, and rally around your business as potential customers, business advisers, and brand ambassadors.

The Department of Commerce is partnering with Kiva to bring this innovative funding to small businesses in Philadelphia.

Visit www.borrow.kiva.org/borrow or email Jonathan.Snyder@phila.gov for more information.

Loan Purpose

You can use a Kiva loan for any business purpose:

  • Purchase inventory
  • Invest in equipment
  • Expand product lines
  • Hire staff
  • Marketing & 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

Strict Requirements

Kiva borrowers must:

  • Have a PayPal account
  • Be over 18 years old
  • Not currently in foreclosure or bankruptcy
  • Be able to get your network to lend to you