PATRICIA SCOTT, CEDFP, CHDFP

Program Manager,
Asset Development Programs   

patricias@kisra.org

304.768.1300

"KISRA's Small Business Loan Program helped to give my business what it needed most…Freedom."

Michael F. Koon,
KISRA Economic Empowerment 
Success Story

Asset Development

Business Microloan

Need a Loan to Start or Grow Your Business?

Loan Range as low as $1,000 up to $50,000

The KISRA Microloan Program offers a loan product that is available to businesses that are expanding and creating jobs in West Virginia. Loans range from $1,000 to $50,000. The maximum loan term is 6 years. Interest rates shall be up to 8.5% (based on credit).

Eligibility

Businesses that employ 25 or fewer persons or self-employed individuals:

  • Organized for profit

  • Have a current business license

  • In good standing on all taxes, sales taxes, unemployment taxes & workers’ compensation premiums

 

Eligible Use of Funds:

  • Working Capital

  • Inventory

  • Supplies

  • Furniture

  • Fixtures

  • Machinery

  • Renovations

  • Equipment

 

Non-Eligible Use of Funds:

  • Refinance existing debt

  • Down payment purposes

  • Purchase real estate

  • Purchase buildings

KANAWHA INSTITUTE FOR SOCIAL RESEARCH & ACTION

131 Perkins Avenue  |  Dunbar, WV 25064

Call Us: 304.768.8924  |  Fax Us: 304.768.2194  |  Email Us: KISRAinfo@kisra.org

  • Instagram - White Circle
  • w-facebook
  • Twitter Clean
  • LinkedIn Clean

Home  |   About Us  |  Programs  |  Events  |  News  |  Shop KISRA  |  Our Locations  |  Donate  |  Connect  |  KISRA Jobs  |  Employees

© 2015-2019 Kanawha Institute for Social Research & Action, Inc.  |  The Media Squirrel