•  
    A loan of $5,000 helps Jennifer: Out of the Box Collective pay for our new website and marketing ...

  •  
    A loan of $3,500 helps Ervin: Justice Security Services buy advertising and equipment (uniforms, ...

  • John
    A loan of $5,000 helps John to purchase inventory in order to fill two large orders for apparel.

    40% repaid
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  • Joseph
    A loan of $5,000 helps Joseph To pay for marketing the re-designed social networking website

    53% repaid
    See Other Loans

When you lend in Los Angeles

Los Angeles is home to diverse communities and economies with more than 325,000 small businesses, employing nearly 2 million people. Access to capital among small businesses has contracted dramatically since the Great Recession. Without access to capital, the nation’s biggest job creators—small businesses—can’t grow and create new jobs. In cities like LA, this can be especially concerning.

When small businesses do well, local and national economies do well. Small businesses create 2 out of 3 net new jobs in the U.S. and often employ the most vulnerable groups in the workforce.

Kiva City LA works to expand access to financial services for small business owners who have the dream and the potential, but are locked out of traditional commercial loans. For these businesses, microlending through Kiva City can serve as a bridge, providing commercial credit history and working capital to start up, expand operations, and hire or retain employees. Kiva City LA is a partnership with the Valley Economic Development Center, Mayor’s Office of Small Business, Kiva and Visa.

The power to shape the course and success of the nation’s economy belongs in all of our hands.

How Does Kiva Work?

  1. Choose a borrower
    you want to lend $25 or more to. Overall, borrowers on Kiva have a 98% repayment rate.
  2. Follow your loan.
    You'll get updates about the progress of your loan, including repayments.
  3. Do it all again!
    Any repayments are yours to keep, but we hope you'll support another person.

About Kiva City

The Kiva City LA partners each play a critical role. They include Kiva, Valley Economic Development Center (VEDC), and the Los Angeles Mayor’s Office of Small Business.
 
VEDC is a non-profit Community Development Financial Institution providing loans and important educational services for business success. VEDC taps into their extensive networks to identify potential borrowers in LA, posts their profiles on Kiva, and collect payments for Kiva lenders.
 
The LA Mayor’s Office of Small Business is dedicated to connecting the LA small business community with the resources and opportunities they need to succeed. Through their one-on-one customer service and BusinessSource centers across the City, the Mayor’s Office of Small Business will help identify potential borrowers and refer them to VEDC.

Supporters

Valley Economic Development Center (VEDC) is a non-profit Community Development Financial Institution and the largest provider of loans for small businesses and micro-entrepreneurs in the Greater Los Angeles area. In addition to loans, VEDC offers extensive training opportunities, workshops, consulting, and small business support services..

The Mayor's Office of Small Business is dedicated to connecting the Los Angeles small business community with the resources and opportunities they need to succeed. Through one-on-one customer service and BusinessSource centers across the City, the Mayor’s Office provides the tools to help small businesses grow and thrive.

Visa Inc. Part of the Kiva Visa partnership for U.S. Small Businesses. Kiva City is a result of the Kiva Visa partnership to help U.S. small businesses by expanding their awareness of and access to microfinance opportunities. Kiva City allows the community of Kiva lenders to help more small businesses across the United States, one city at a time. Thanks to a generous grant from Visa, Kiva City is now in Detroit, New Orleans and Los Angeles.