A partnership to deliver zero-interest capital to entrepreneurs across the U.S.

“One award-winning social venture, Mona, is creating new opportunities for – and amplifying the stories of – underrepresented entrepreneurs.”

Mona & Kiva have partnered with the goal of providing $1 million in zero-interest, zero-fee loans to entrepreneurs across America. All U.S. small business owners are eligible. Learn more and apply below.

~$500,000 delivered to 65+ entrepreneurs across the U.S. so far.

FAQs

  • The vast majority of U.S.-based, registered small businesses are eligible. There is no minimum credit score requirement. Loans can be used for any legitimate business purposes.

    If you are not already registered, we can help you set up an LLC (the simplest form of business) at no charge.

  • Correct! We partner with the non-profit Kiva to provide 0%-interest, $0-fee loans.

  • You’ll apply above and then receive personal support from the Mona team, as well as Mona's endorsement as a Trustee, in applying for a loan on the Kiva site. This is a crowd-lending process, so your loan amount is funded by a combination of individual lenders on the Kiva platform, matching institutions (e.g., Bank of America), and Kiva U.S. Almost 100% of loans we endorse are fully funded and distributed because of our partnership with Kiva to help on the crowdlending process.

  • The approved loan amounts we see typically vary from $4,000 to $15,000. Our partners at Kiva will determine the size of the loan based on the details in your application. We encourage you to apply for as much as you need.

  • For more details on the process and requirements, read here at the top of our application and here at the Kiva U.S. website. See here for examples of entrepreneurs that have been supported so far.