Mississippi Capital Access Network®

Higher Purpose Co. created the Mississippi Capital Access Network ® to streamline the process of providing affordable capital to support eligible borrowers across the state.

Kiva Loan Program

Kiva is a nonprofit that enables financially excluded and socially impactful entrepreneurs to access 0% interest small business loans.  These loans are crowdfunded by hundreds of lenders from around the world that read your story, lend you as little as $25 each, and rally around your business as potential customers, business advisers, and brand ambassadors.

Loan Details: 

Up to $10,000, No interest or fees. Terms up to 36 months. No high credit score or collateral needed

Why apply for a Kiva Loan with Higher Purpose Co. ?
We are dedicated to supporting communities build wealth by utilizing business ownership.  As a Kiva Trustee, Higher Purpose Co. will endorse entrepreneurs application and assist them throughout the loan process.

Initial Requirements:
To be eligible for a Kiva Loan, you must meet the following requirements:

  • Borrower cannot currently be in bankruptcy or foreclosure

  • Annual income of less than $100K

  • Must have or create a PayPal account

  • At least 18 years of age

  • Not involve in multi-level marketing or illegal activities

Suggested Loan Uses:

  • Hire staff

  • Purchase or upgrade equipment

  • Business management software

  • Working capital for inventory

  • Space renovations

  • Certifications and licensing

  • Marketing & advertising

Communities Unlimited Business Loans

Loan criteria:

  • For profit businesses or nonprofit daycare centers

  • Collateral is required on all loans

  • Financial statements for past 3 years or for time in business if less than 3 years

  • Personal guaranty on all loans

  • Startups must have an alternative source of income

Loan uses:

  • Working capital

  • Equipment purchase

  • Business Purchase

Loan Products:

  • Micro-loans - Loans from $500 to $50,000

  • Business Basic loans ($500 to $1,000) are for the early stage businesses that just need a little extra boost

  • Small Business Loans above $50,000 for businesses with a proven history of profitable growth and capacity

  • Participations - Communities Unlimited partners with banks and other lenders to meet your financing needs.