Cosmetics SalesUnited StatesRicaurte is a native of Colombia. He is married and has one child. Ricaurte has more than 12 years of experience as a beauty supply store manager. A couple years ago, Ric...Read their story >
Each of Us Can Lend a Hand
- Small businesses create 2 out of 3 net new jobs in U.S. and often employ the most vulnerable groups in the workforce.
- Small businesses employ half of all private sector employees and represent 99% of all businesses in the U.S.
Kiva City D.C. expands access to financial services for small business owners who have the dream and the plan, but who lack access to capital. For these businesses, microlending can serve as a bridge, providing working capital to start up, expand, and hire or retain employees.
The power to shape the course and success of the nation's economy belongs in all of our hands.
Kiva City D.C. is a partnership of Kiva, Latino Economic Development Center, Capital One and Kiva Zip Trustees.
- Choose a borrower.
Your loan reaches borrowers via our Field Partners, who vet, distribute, and administer each loan.
- Follow your loan.
You'll get periodic updates about the progress of your loan, including repayments as they become available.
- Do it all again!
Any repayments are yours to keep, but we hope you'll make another loan... or perhaps get someone else involved with a Kiva Card.
Kiva City D.C. joins Kiva City Detroit, New Orleans and Los Angeles as part of the broader Kiva City program extending small business access to microloans in U.S. cities.
Each Kiva City is a partnership of community groups, leaders and microfinance organizations working together to fill the funding gap faced by many of our nation's small businesses owners. Through microlending, people can help to crowd fund loans to small businesses as they start up or expand, creating jobs and stronger local communities.
If you are local to the D.C. area and would like to apply for a loan, please visit LEDC (www.ledcmetro.org) or zip.kiva.org. To find out how your city can be the next Kiva City, visit the Kiva City page.
The Latino Economic Development Center equips Latinos and other D.C.-area residents with the skills and financial tools to create a better future for their families and communities. The Community Asset Fund for Entrepreneurs, the new face of LEDC's Lending Program, equips entrepreneurs with the capital and skills to improve their lives and strengthen the small business community. Learn more at www.ledcmetro.org.
Capital One Financial Corporation, headquartered in McLean, Virginia, is a Fortune 500 company with approximately 1,000 branch locations primarily in New York, New Jersey, Texas, Louisiana, Maryland, Virginia, and the District of Columbia. Its subsidiaries, Capital One, N.A., Capital One Bank (USA), N. A., and ING Bank, fsb, offer a broad spectrum of financial products and services to consumers, small businesses and commercial clients. We apply the same principles of innovation, collaboration and empowerment in our commitment to our communities across the country that we do in our business. We recognize that helping to build strong and healthy communities — good places to work, good places to do business and good places to raise families — benefits us all and we are proud to support this and other community initiatives.
Trustees are technical assistance providers, community organizations, and individuals committed to supporting entrepreneurship. Trustees help small businesses gain access to interest free loans through Kiva Zip, a new program in its alpha stage. Learn more at zip.kiva.org