I was really excited to find out this evening that Kiva.org is now offering microloans to small businesses in the U.S. Our 24th microloan is to Roberto – a mechanic in Fremont, California who wants to expand his shop. What a better way to stimulate the US economy, than to provide small business owners with necessary capital.
With just a $25 loan, you can make a difference. And these entrepreneurs are worthy of it. Not a single entrepreneur has defaulted on one of our loans to date. And many pay them back before their allotted time.
