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Additional Information

Important Information

Because Barefoot Power’s core business is not microfinance, there is some level of additional risk for lenders. Kiva’s partnership with the company is unique and unprecedented. For this reason, Kiva has not assigned the organization a risk rating.

Barefoot Power is a for-profit social enterprise dedicated to bringing solar lighting solutions to remote, low-income regions. The company offers Kiva-funded loans to its distributors and retailers to buy supplies, open stores, and sell high-quality, affordable lighting products to consumers in underserved communities. Access to renewable lighting reduces use of pricey, dangerous kerosene, and significantly improves household productivity and income potential.

About Nigeria

  • $6,100
    Average annual income
  • 1
    View loans »
    Nigeria Loans Fundraising
  • $5,954,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Ended with Loss - Defaulted
A loan of $25,000 helped this borrower to buy and sell Barefoot Power's solar lighting products.
Repayment Term
16 months (Additional Information)
Repayment Schedule
Irregularly
Disbursed:
Mar 15, 2013
Listed
Jan 12, 2013
Currency Exchange Loss:
N/A
Defaulted:
Feb 17, 2015