Kiva.org and Kiva Zip are Double Matching Loans Today - Generocity Philly

Funding

May 8, 2015 9:55 am

Kiva.org and Kiva Zip are Double Matching Loans Today

For instance, a $25 loan will become $75 during the match-a-thon.

Kiva Zip, a lending program designed to connect small businesses with potential investors through an online platform, is currently having a match-a-thon, where the loans made will be double-matched. Loans made through Kiva Zip are zero percent interest loans.

“Kiva Zip and Kiva.org are holding match-a-thons right now due to generous loan matching dollars we received from Google and Capital One,” wrote Alyssa Thomas, manager, Kiva Zip Philadelphia, in an email. “The important thing to note is that all PHL borrowers will be double matched ($25 becomes $75).”

Kiva City Philadelphia matches grants on a regular basis with the support from PNC, Investors Circle, Friends of Kiva City Philadelphia, Nancy & Greg Wolcott, and the Zisman family foundation/ But yesterday and today, May 8, Capital One and Google are matching loans made as well.

Matching funds will be available today until they run out, according to Thomas.

Currently, Philadelphia has four borrowers: Mark Amir: Art & Sol Uptown Food Bar, Natasa: Coffee Market, Hanifah: The A List Look, Cherry: In Touch Hair & Spa.

Learn more here.

Image via Kate Privitera for the City of Philadelphia

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