kiva Crowded Loan for LoveViOnly

Kiva is the first and largest micro-lending service in the world that has distributed $1 billion across  86 different countries, among 1.5 million small businesses. Recently, Kiva and Sofia Vegara announced a goal to raise $50mm to support businesses around the world affected by Covid-19.

LoveViOnly is raising a crowd-funding backed 0% loan on Kiva. I am currently in a public fundraising period. The funds from this loan will go towards buying additional bulk merchandise for the LoveVi brand which promotes positive affirmations including self-care and self-love, which helps generates revenue for the mentoring program. Also, the loan will be used for content branding, marketing including social media ads, office supplies, payroll software upgrade, consulting/accounting services, and community engagement events. Contributions from family, friends, and supporters helps prove my creditworthiness and build momentum in my campaign. Currently LoveVi is being backed by Kiva’s wider community of 1.6mm lenders in the public sector because 10 of my friends and family lended $25 or more during my private fundraising campaign.