- A loan of $5,000 helps Joan: J Kris Chocolates purchase chocolate, caramel, other products and eq...
- A loan of $5,000 helps Michael: Savour This Sauce design new labels, design a new website, and co...
- A loan of $3,000 helps Mario: La Milagrosa Market buy more inventory for my customers.
- A loan of $5,000 helps Kei: Sugarbird Sweets & Teas cover costs for adding one more production da...
- A loan of $5,000 helps Koki: Meiji Tofu to educate and inform consumers about the difference betw...
When you lend in Los Angeles
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.
The power to shape the course and success of the nation’s economy belongs in all of our hands.
- Choose a borrower
you want to lend $25 or more to. Overall, borrowers on Kiva have a 98% repayment rate.
- Follow your loan.
You'll get updates about the progress of your loan, including repayments.
- Do it all again!
Any repayments are yours to keep, but we hope you'll support another person.
The Kiva City LA partners each play a critical role. They include Kiva, Valley Economic Development Center (VEDC), and The Mayor's Office of Economic Development.
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 Los Angeles Mayor’s Office of Economic Development is organized to address major economic development themes in Los Angeles.
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..
About Mayor Eric Garcetti’s Office of Economic Development:
The Los Angeles Mayor’s Office of Economic Development is organized to address major economic development themes in Los Angeles. There are teams focused on each of five major clusters and organized to work together in addressing the needs and opportunities for city-wide economic and workforce development. These major clusters are: (1) Sector initiatives that focus on major industries, (2) Education and Workforce Development, (3) International Trade, (4) Planning and Housing, and (5) Small & Minority Businesses. The City of Los Angeles funds eight BusinessSource Centers throughout the city to provide startup ventures and existing small business owners various cost effective or free tools to assist entrepreneurs plan, start and grow their businesses. The City also funds 18 Worksource Centers throughout the City that assist people in finding jobs and they also assist businesses hire and train new employees.