Kiva Oregon Raises Funds to Keep Zero-Interest Rural Business Loans Flowing (opens original article in a new tab)

Kiva Oregon, a rural-focused lending hub, has raised over $600,000 in zero-interest, zero-fee loans and is launching a $15,000 fundraising campaign to sustain its operations as demand increases.

• Kiva Oregon has deployed over $600,000 in zero-interest, zero-fee loans to rural Oregon small businesses.
• The organization's $15,000 campaign aims to fund operational infrastructure like application review and borrower coaching.
• 76% of borrowers were rejected by traditional lenders, and 65% of loan recipients run women-owned businesses.