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Patricia Scott, CEDFP, CHDPF

Program Manager,
Asset Development Programs


"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

Microloan Program

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).


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

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