Sunday

What Sunday does

Sunday, legally known as Sunday Foundation, is a US registered 501(c)(3) public nonprofit organization (EIN: 85-2292438) headquartered in Irvine, California, focused on financial inclusion and microfinance reform. The organization provides zero-interest loans and grants to small businesses in low-income communities globally, operating across 47 countries and having disbursed 2,029 loans totaling $4,319,106 in cumulative lending impact as of June 2026. Its average loan size is $2,129 with a 16-month average term, and it reports a 98.29% repayment rate and 1.72% default rate, with 80% of borrowers being female entrepreneurs. The organization does not charge interest, fees, or penalties on its loans.

The organization delivers its services through a 100% online application platform that processes applications and funds recipients within 1-2 weeks, with no in-person requirements. Sunday also distributes loans through partnerships with Kiva and Care's Lend With Care platform, extending reach through established microfinance and humanitarian networks. The organization explicitly invites replication of its model, positioning itself as a movement rather than a competitive enterprise. The platform does not rely on disclosed proprietary technology, and the organization focuses on direct lending and grant-making rather than technology development.

Sunday's business model is donation-based: as a nonprofit, it is funded entirely through contributions from individuals, foundations, and partners rather than generating revenue from loan interest or fees. It is governed by a board of directors including General Lenny Richoux, Megan Carroll, Kimberly Kam, Kirk Gadberry, Viren Merchant, and founder Bryan Greenwood, with a lean operational team of 19 employees. The organization maintains geographic restrictions excluding countries subject to US sanctions or operational concerns, including North Korea, Iran, Russia, Syria, and others.

Name

Sunday

Legal name

Sunday Foundation

Website

https://sundayfunds.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Sunday Foundation is a US 501(c)(3) nonprofit that provides zero-interest loans and grants to small businesses in low-income communities across 47 countries, operating through a 100% online application platform and partnerships with Kiva and Care.

Ownership category

akta.pro rank

Product category

Nonprofit Microfinance and Financial Inclusion Lending

NAICS

Grantmaking and Giving Services (81321)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Microloans & Working Capital Loans (FSAKAGAA)

akta.pro secondary industry

SME Term Loans & Growth Capital (FSAKAGAB)

Keywords

• Zero-interest microloans
• Small business grants
• Nonprofit microfinance lending
• Financial inclusion loans
• Entrepreneur funding platform

Headquarters

HQ city

Not specified

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Donations and Charitable Contributions: As a US registered 501(c)(3) public nonprofit organization (EIN: 85-2292438), Sunday is funded entirely through donations, grants, and charitable contributions from individuals, foundations, and partners. The organization does not charge interest, fees, or penalties on loans, and grants are provided at no cost to recipients.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Sunday provides zero-interest loans and grants directly to small businesses in low-income communities across 47 countries, operating as a US 501(c)(3) nonprofit (EIN 85-2292438). The average loan is $2,129 over a 16-month term, with applications submitted and processed entirely online and funding decisions issued within 1-2 weeks. In 2024, Sunday expanded its offering to include grants in addition to loans, and also distributes capital through partnerships with Kiva and Care's Lend With Care platform.

Product overview

Sunday is a nonprofit financial inclusion organization offering a unified portfolio of zero-interest loans and grants to small businesses in low-income communities worldwide. The core product is their zero-interest loan program, supplemented by a grant program launched in 2024. All funding services are delivered through their online application platform, which enables end-to-end digital processing from application to funding decision within 1-2 weeks. The organization operates globally across 47 countries with a 98.29% repayment rate and $2,129 average loan size.

Differentiator

Problem solved

Functional benefit

Products and services

• Zero-Interest Loans Zero-interest loans averaging $2,129 with an average 16-month term, provided to small businesses in low-income communities across 47 countries; applications are 100% online and funding decisions are issued within 1-2 weeks, with no interest, fees, or penalties charged.
• Grants Non-repayable grants provided at no cost to small business recipients in low-income communities, supplementing Sunday's zero-interest loan program and supporting entrepreneurs without creating debt burden.
• Online Application Platform Web-based platform enabling entrepreneurs to apply for Sunday funding, submit required information, and receive funding decisions entirely online within 1-2 weeks, with 100% online processing and no in-person requirements.

Quantifiable outcome

• 98.29% repayment rate demonstrates sustainable model
• +2 more outcomes

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• KivacoreChannel Partner/ Reseller/ DistributorSunday lends through the Kiva platform, allowing them to reach entrepreneurs via Kiva's established microfinance network and lending infrastructure. This partnership enables Sunday to extend its reach through Kiva's global platform.
• CarecoreChannel Partner/ Reseller/ DistributorSunday lends through Care's Lend With Care platform (profile ID: 1588ca85-af4c-4bb5-8b13-6e9dfd84be34), enabling additional distribution through Care's humanitarian network and donor base.

Scale indicators8 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• BRAC: BRAC is one of the largest development nonprofits in the world, with microfinance as a core program alongside health, education, and livelihoods. It is a broad incumbent in financial inclusion comparable to Sunday's mission.
• Care International: Care International is a major humanitarian nonprofit that operates Lend With Care, a microfinance lending platform that Sunday actively uses as a distribution partner. It is a broad incumbent in humanitarian and microfinance work.
• Grameen Bank: Grameen Bank pioneered modern microfinance with group lending to impoverished entrepreneurs, primarily in Bangladesh. It is a broad incumbent in the global microfinance space and defines the category Sunday operates in.

Direct peers

• Opportunity International: Opportunity International is a nonprofit microfinance organization providing loans, savings, and training to small business owners in developing countries. Its target borrowers and product offerings closely align with Sunday's microloan model.
• Accion: Accion is a global nonprofit focused on financial inclusion that supports microfinance institutions serving small businesses. It overlaps with Sunday's mission of providing affordable capital to underserved entrepreneurs globally.
• Zidisha: Zidisha is a nonprofit peer-to-peer microlending platform that connects individual lenders directly to small business borrowers in developing countries. Like Sunday, it emphasizes zero- or low-interest lending and direct online engagement.
• FINCA International: FINCA is a nonprofit microfinance organization providing small loans and financial services to low-income entrepreneurs across more than 20 countries. It is highly comparable to Sunday in mission, customer segment, and microloan product.
• Kiva: Kiva is a 501(c)(3) nonprofit that crowdfunds zero-interest loans for small businesses in low-income communities worldwide. Sunday is explicitly a Kiva lending partner and shares the same direct-to-entrepreneur microfinance nonprofit model.

Emerging players

• LenddoEFL: LenddoEFL is a digital lender that uses alternative data for credit scoring in emerging markets, serving underbanked small business borrowers. It competes for the same customer segment as Sunday but with a fintech rather than nonprofit model.
• Vittana: Vittana was a nonprofit that crowdfunded microloans for students and small business owners in developing countries. It is an emerging player comparable to Sunday in using online platforms to fund underserved entrepreneurs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/sundayfoundation

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sunday