Kiva - Nexus for Development

Crowdfunding for Early-Stage Enterprises

Kiva is the world’s most popular crowdfunding platform with a mission to alleviate poverty by connecting people through lending. Through crowd-funding, early-stage enterprises are able to tap a broader network of smaller, individual lenders that they otherwise would not have been able to access.

Nexus for Development is a Field Partner of Kiva meaning we are able to raise loans for social enterprises on Kiva’s platform that would have otherwise been ineligible for a listing, usually due to restricted geography. As a Field Partner, Nexus is also able to raise loans up to USD50K when direct listings are usually limited to USD10K.

Indicative Loan Terms

Uncollateralized

USD 10K – USD 50K

~8% Interest

depending on the size of the loan

Up to 3 years

though shorter tenors are preferable

Eligibility Requirements

Social Enterprise Model

Your organization focuses on technologies and services to provide access to sustainable energy and clean water.

Scale and Impact

You are seeking and capable of managing a $50k loan agreement. The loan is for a specific purpose, such as a truck or new facility and will contribute to achieving positive social and/or environmental outcomes that can be easily monitored (e.g. time and monetary savings, reduced environmental impact)