Kiva

Foster City-Kiva 0% Loans Workshop
April 25, 2018 @ Noon
1040 E. Hillsdale Blvd. - Emergency Operations Center (park at City Hall)

Join Foster City Staff and representatives from Kiva.org, the world's first online lending platform connecting online lenders to entrepreneurs across the globe, to learn about 0% loans.

The City of Foster City has partnered with Kiva to bring 0% interest crowdfunded loans and matching loan funds to Foster City small and micro business owners. This informative workshop will give you the tools to start your own loan application with Kiva.org. There will be plenty of time for questions. View the flyer or register here.

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Borrowers

Click here to fill out a borrower application.

To qualify for Foster City's Matching Loan Funds, the City, as a Kiva Trustee, must endorse a borrower’s character and determine that the borrower is financially responsible using the following criteria:
  • Verification of business ownership
  • Requirement of a minimum two-year lease agreement with a landlord and/or property ownership
  • Verification of income and debt ratios using data provided by borrower
  • Review business plans

Click here to learn more information on how to fill out a Kiva borrower loan application.

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Lenders

Click here to start lending to Foster City Businesses.

Foster City will match loans on a 1:1 (up to $5,000) matching basis to qualified Foster City borrowers. You can help out Foster City-Kiva borrowers by lending as little as $25.
Read the Press Release about the Foster City-Kiva partnership.
Kiva is an international nonprofit, founded in 2005 and based in San Francisco, with a mission to connect people through lending to alleviate poverty. By lending as little as $25 on Kiva, anyone can help a borrower start or grow a business, go to school, access clean energy or realize their potential. For some, it’s a matter of survival, for others it’s the fuel for a life-long ambition. 100% of every dollar you lend on Kiva goes to funding loans. Kiva covers costs primarily through optional donations, as well as through support from grants and sponsors.