100% of donations will be pooled into a fund that supports black-owned small businesses and early stage entrepreneurs in the United States.

Kiva.org and the Black-Owned Business Fund

In today’s difficult circumstances, Kiva is stepping into its role in equitable small business recovery with risk-tolerant capital – capital that is often the difference between a business shutting down and keeping their doors open. Kiva’s 0% interest, $1,000-$15,000 loans are uniquely designed to provide funding opportunities for entrepreneurs when conventional lenders won’t.

In the U.S., approval rates for Black business owners can be 3 times less than white business owners. At Kiva, there is one overarching goal: reduce financial exclusion around the world and in our communities. This is why acknowledging and celebrating moments like Black History Month is vital to who we are—and why it’s important to together combat the marginalization of Black communities in the United States.

In 2020 alone, the Kiva community funded over $2 million for over 400 Black-owned businesses in the United States.

Borrower story: Raymon, Tal & Bert

Raymon and his wife created Tal & Bert with the hopes to bring raw minerals to everyday living. They have always had a love of the outdoors and one of their hobbies is recreational mining. They really wanted people to admire the beauty of raw minerals in their true natural form. This is what started the passion into why they want to see their company grow.