Special Program for women, veterans and military families with distressed credit histories and/or no credit scores. No minimum credit score, no income limits (minimum or maximum), and no minimum asset or home equity required.
Loan Products & Rates*
Fees apply depending on improvement. Origination Fee: 2.5% and 1.25% for military discounts + Project Management Fee: 2.75%.
- Special Program for those who qualify.
- Primary Applicant must be the OWNER of the RESIDENTIAL subject property
- Home must be located in: Florida, South Carolina, Georgia, or Alabama
- Applicant(s) must prove ABILITY TO PAY (i.e., Employment, Social Security, Disability, etc.)
- Must have demonstrated need and difficulty accessing capital from other lenders
- Property Taxes must be current
- Home Mortgage loans must be current (with proof)
- Primary Applicant cannot have a bankruptcy in the past 12 months
- Co-signer or cash guarantee (i.e. 5-20% of total project cost) may be required depending on the Applicant(s) previous payment history
- Must provide inspirational story
For all types of approved home improvement projects (e.g., roofs, AC, solar, hurricane shutters, etc.)
SELF is an approved “field partner” with KIVA.org and posts projects to their worldwide crowdfunding platform.
SELF will post your profile (picture and brief story) on the KIVA web platform for 30 days. Within this time frame KIVA lenders from around the world are able to read your story and lend to you in increments of $25 until reaching the total amount of the loan.
What can be financed?
Home improvements related to energy, wind resistance, and water conservation such as: high efficiency air conditioning, weatherization, insulation, roofs, impact windows, shutters, doors, solar water heaters, and much more.
What is KIVA?
KIVA is the world’s first and largest crowd funding platform for social good with a mission to connect people through lending to alleviate poverty.
With as little as a $25 loan, anyone can help a borrower start or grow a business, go to school, access clean energy and realize their potential.
Since 2005, KIVA and their growing global community of 1.2 million lenders have crowdfunded more than $575 million in microloans to over 1.3 million entrepreneurs in 75 countries, with a 98% repayment rate.