Repayments make up the final step in your Kiva journey. To guide you through this process, we've compiled all the information you need to know below.

 
 
 
 

How do repayments on Kiva work?

Loan repayments begin one month after you receive the funds.  If you’re a farmer, you can request a grace period of up to six months during the application period.

All payments are made through PayPal.  A few days before each of your payments is due, you’ll receive an invoice from Kiva with a link to make the payment.  You can always make a payment early, or pay off a lump sum by logging directly into PayPal and sending the funds to Kiva.  Follow these instructions:

  1. Log into your PayPal Account
  2. Select "Pay or Send Money" at the top of the page
  3. Select "Send money to friends or family"
  4. Send your payment amount to paypalzip@kiva.org
  5. Click "Send" and you're done!

If you have any trouble with your PayPal account, you can reach out to Tricia Wallace at twallace@paypal.com for technical support.


 
 

Do my payments affect my business credit score?

Yes, Kiva U.S. now reports to business credit.  

That means that by paying back your Kiva loan on time, you will create a business credit record that might encourage other lenders to make you a loan in the future. If you do not pay back your Kiva loan on time, however, you will damage your business credit, which may make it harder to get another loan in the future.  

This only applies to certain borrowers who began an application after December 14th, 2015; to find out if you qualify for business credit reporting, check your borrower contract here or send us an email at borrowers@kiva.org.


 
 

What should I do if one of my payments is going to be late?

If for any reason your payment is going to be made late, it’s most important that you notify both your lenders, and the Kiva team.  

As your lenders contributed to your loan financially and believed in your business, it’s important that you keep them updated on the highs and lows of running your business through the conversations tab.

Maintaining contact with the Kiva team about late repayments helps you maintain good standing with Kiva and your lenders, and access larger forms of capital for your business later on.

 

Have any questions about repaying your Kiva loan?  Reach out to us at borrowers@kiva.org!