SMALL BUSINESS LENDING. Up to $10,000.
EASY, ACCESSIBLE, RESPONSIBLE.
Access To Capital For Business Start Ups and Growth
CIELO, in collaboration with LISC, is proud to announce its new status as a KIVA U.S. Trustee! Kiva U.S. is an American nonprofit which works with trustees to secure loans for entrepreneurial individuals in over 80 countries and in a wide array of industries. Kiva U.S. is a peer-to peer online lending program that provides 0% interest loans up to $10,000 through Crow-funding. The no fees loans from Kiva can be used as working capital or for any business purposes such as investing in new equipment, purchasing inventory, hiring new employees, marketing, and advertising. As a Kiva trustee, CIELO will amplify Kiva’s presence in the community, guide selected entrepreneurs through the loan application and fundraising process, and endorse entrepreneurs by vouching for their personal character and drive. Endorsed entrepreneurs receive VIP treatment from Kiva, this includes endorsed loans which typically fundraiser quicker, and eligibility for loan-matching programs. For every dollar you raise, Through this new relationship, CIELO hopes to increase clients’ access to loans and other resources
Terms & Requirements
The Loan:
- 0% interest, Loans Up to $10,000
- Terms up to 36 months, grace periods are available for agriculture businesses
- Opportunity to build your business credit score
- Funded by hundreds of lenders from around the world, in increments of $25
Who Qualifies:
- Over 18 years old
- Small business owners in the US
- Not currently be in bankruptcy or foreclosure
We care about your Character, not your Credit Score:
- No credit score, collateral, business plan or financial statement required
- Establish your reputation and community support by inviting lenders from your netowork
- Unlike other crowdfunding platforms, our community of 1.5 million lenders funds the majority of the loan amount
Examples of Funding Available:
Here are some basic guidelines and example loan sizes to determine what you might qualify for.
- $1,000
- Pre-revenue business
- 0 – 6 Months in operation
- No online presence
- $2,000-$5,000
- Cash flow positive
- 6mo – 2yrs in operation
- Basic online presence
- $6,000-$10,000
- Profitable or established business
- 2 – 10+ years in operation
How it works:
