Anthony is an electrician from the Mukuru informal settlement of Nairobi. Along with his wife and three children, he runs a small shop in the community. Anthony also has land north of the city on which he runs a potato farm.
Anthony is interested in running a Fresh Life toilet business because he has heard other Fresh Life operators sing its praises. He often sees businesses start and subsequently flounder very rapidly, but believes that with the ongoing business support and insurance from Fresh Life, this venture will not fail. Anthony’s ultimate goal with this business is to make enough profits to further his education at the university level.
More information about this loan
Eight million people in Kenyan slums and 2.6 billion people worldwide lack access to hygienic sanitation. Sanergy aims to permanently reduce related disease in these areas by making sanitation accessible, affordable and sustainable. This social enterprise builds toilets under the “Fresh Life” brand, franchises them to local entrepreneurs, collects the waste and converts it into renewable energy and organic fertilizer.
Because Sanergy’s core business is not microfinance and its partnership with Kiva is unprecedented, these loans present some level of additional risk for lenders. Accordingly, we have not provided a risk rating for this partner.
This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.
Sanergy is a social enterprise that combines technology, entrepreneurialism and a unique business model to provide safe, accessible and affordable sanitation products and services to slum residents across Kenya. Sanergy uses the flexible, zero-interest capital provided by Kiva lenders to offer loans to its network of toilet operators. The funding covers the upfront costs of the toilet purchase, enabling operators to pay back the loan over time with the revenue generated by the toilet.