Kiva NWA Makes 100th Loan, Raising Over $800K For Local Startups

May 26, 2023


Kiva NWA Makes 100th Loan, Raising Over $800K For Local Startups

Startup Junkie

Dedicated to providing economic opportunity for Northwest Arkansas's entrepreneurs, the Fayetteville-based microlending platform, Kiva NWA, has reached a significant milestone by making its 100th interest-free small business loan.

  • Intentional investments: Kiva NWA has connected entrepreneurs with over $800,000 in interest-free loans since Jan 2022, intentionally focusing on disadvantaged small business owners, prioritizing "character over credit," and funding opportunities for borrowers when conventional lenders cannot.
  • Local encouragement: Supported by grants from the Walton Family Foundation, Kiva NWA is facilitated by the Startup Junkie Foundation, which serves as a local partner and provides consulting and technical assistance to those seeking loans through Kiva. Startup Junkie will feature many local startups during the 2023 Startup Crawl on Sep 8.

Learn more about how to lend and borrow with Kiva NWA HERE.

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