Can-Do Funding

Once you’ve submitted your application, a Can-Do Kalamazoo staff member will be in touch to jumpstart the process!

KIVA Loans

Are you an entrepreneur in search of financial support to take your business to the next level? Kiva offers 0% interest loans to individuals at any stage of business development. With a simple platform to share your story and a network of online supporters, many successful Kiva borrowers have achieved their goals.

As a partner of LISC, Can-Do Kalamazoo is excited to bring Kiva funding to our community. We can endorse your campaign to give you added credibility and increase your chances of full funding. Our team will also provide guidance and promotion to help ensure your success. Let’s work together to pave the way for your business growth. Apply for Kiva funding through Can-Do Kalamazoo today!

Exciting news! The KIVA loan opportunity just got even better! LISC Kalamazoo has increased their match to 4x! 

That means for every $25 you raise, LISC will lend an additional $75. This incredible match is available until August 31, 2024, or until funds run out. Don’t miss out on this chance to boost your business growth faster!

All microloans for this round have been dispersed. Please stay tuned for future microloan opportunities.

Who qualifies?

Eligible applicants include new or existing small food business owners interested in opening, expanding or retaining a business. Each applicant must qualify as meeting all of the following objectives of the microloan program:

  • Food business owners that live and do business in Kalamazoo County
  • Low- and Moderate-Income Persons
  • Black-owned business, Indigenous-owned business, People of Color-owned business, Latinx-owned business, immigrant-owned business, refugee-owned business, LGBTQ-owned business, or business owners with physical and invisible disabilities
What are the amounts of the microloans?

Loan amounts may range from $1,000 to a maximum of $3,000.

What are the terms of the loan?

They are flexible terms of one 1 to 2 years with an interest rate of 1-4%.

What are the eligible uses of the funds?

The microloan funds can be used to:

  • Purchase small food production equipment
  • Purchase inventory
  • Obtain licensing
  • Purchase packaging & print labels
  • Receive branding & packaging consultation
  • Provide working capital
What if I’m worried about paying it back?
Our microloan program is designed to help you prepare for paying the loan back. We’ll look at your business plan, talk about cash flow, and help you make a plan for paying it off.
What if my credit score is low?
We can work with any credit score.
What if I don’t have a Social Security number?
A social security number is not required as long as you have another form of identification.
How do I apply or get more information?

All microloans for this round have been dispersed. Please stay tuned for future microloan opportunities.