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Kiva Zip Small Business Loans
By: Jessica Heilman
SBA Certified Development Company
Kiva Zip, launched by Kiva, is a non-profit organization that provides small business owners the opportunity to receive direct loans from lenders across the world with endorsement from a trustee. As a trustee of Kiva Zip, Dakota CDC endorses small business applicants that we believe have potential for success but are unable to fulfill their complete funding need. Dakota CDC endorsed Motorheadz Boutique and Azteca Tacos. Motorheadz Boutique was founded by Ceaja Philp and located in West Fargo, North Dakota. Ceaja had a vision to open a boutique for motorsport enthusiasts that sells apparel and accessories with an urban edge. Daniel Granados had ambitions of opening a truly authentic Mexican restaurant. With the business opening soon, he will bring a taste of Mexico to the Eastern part of North Dakota. With help from Kiva Zip and endorsements from Dakota CDC, Ceaja and Daniel were able to make their small business dreams a reality.
Kiva Zip expands financial opportunities, reduces capital costs with zero percent loans, and enhances connections between borrowers and lenders with as little as $5. For more information on the Kiva Zip programs, check out their website or the Dakota CDC Kiva Zip profie here.
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Dakota Certified Development Corporation (Dakota CDC), with offices in Bismarck, Fargo, and Minot, is an SBA Certified Development Company providing loans under SBA's 504 and Community Advantage Loan Programs. They can be contacted at 800.611.8997