Saida Cornejo Zuñiga from WEPOWER talks about the KIVA program for startups

Mary Scott and Saida Cornejo Zuñiga discussed the Kiva program, a partnership between WEPOWER and Kiva, which provides 0-interest loans for entrepreneurs with no minimum credit score or business plan required. Saida also mentioned that We Power focuses on supporting black and Latino entrepreneurs

SummaryKiva Program for Entrepreneurs Discussion

In the meeting, Mary Scott from BusinessRiff and Saida Cornejo Zuñiga from WEPOWER discussed the Kiva program, a partnership between WEPOWER and Kiva, an international online crowdlending platform. Saida explained that the Kiva program provides 0-interest loans ranging from $1,000 to $15,000 for entrepreneurs, with no minimum credit score or business plan required. The application process involves sharing personal and business information, focusing on social underwriting rather than financials. Mary emphasized the importance of building business credit for startups. Saida also mentioned that WEPOWER focuses on supporting black and Latino entrepreneurs and that their accelerator program will open applications later in the month.

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