Kiva Zip

0% INTEREST BUSINESS LOANS UP TO $5,000

What is Kiva Zip?

Kiva Zip 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 that read your story, lend you as little as $5 each, and rally around your business as potential customers, business advisers, and -brand ambassadors.

Paulette lives in Oakland and makes handmade soaps and beauty products in her home. She used a $5,000 loan to purchase her key ingredients in bulk and market her brand, Sweetpeaz. 249 people around the world funded her loan in less than one month.
“Having 249 people invest in Sweetpeaz is like hiring 249 brand ambassadors for my business.” — Paulette

Trustees

As opposed to using tradition financial metrics, Kiva Zip evaluates borrowers’ credit worthiness based on their network. A borrower is able to fill out a loan application upon an endorsement from a Trustee. A Trustee is an individual or an organization who writes a public endorsement vouching for their character and business. Trustees are not financially or legally liable.

Interested? Well, click here to get started!

The mission of the Queens Economic Development Corporation is to help small businesses.  In view of the Coronavirus, we are taking the following steps:

  • We have compiled a Resource Guide detailing programs to assist small businesses.  These include loans, grants and other aid available through Federal, State, City, and Private agencies. The Resource Guide can be accessed here. It is updated as we receive new information.
  • Assistance in filling out application and all other client services will be done remotely via telephone. To request an appointment, email info@queensny.org and you will be contacted within 24 hours.  Please know our office in Kew Gardens is closed.
  • The Entrepreneur Space Commercial Kitchen Incubator is fully operational and staff is taking additional steps to ensure that it is a safe environment for our clients. For more information, please call 718 392-0025.
  • The Queens Tourism Council is working with our cultural, recreational, restaurant and sporting communities to support them as best we can.

If you have any questions or concerns please contact us.  Be careful, help those who are vulnerable and wash your hands.

FUEL THE FRONT LINES

Queens Together

Fuel the Front Lines is an initiative of Acting Queens Borough President Sharon Lee, Queens Together, Queens Night Market and the QEDC to help to meet the needs of front line healthcare workers, other emergency responders, and Queens communities in need through partnerships with local independent restaurants and food businesses. We will fill the urgent need for nourishment while at the same time providing a lifeline to the small businesses that define our neighborhoods. Make your tax-deductible contribution and help us deliver good food made with love by workers in Queens, for people in Queens.