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Additional Information

About Angaza Design

Angaza Design is a for-profit social enterprise that creates and sells high-quality solar energy devices in Zambia. Its energy devices contain specialized Pay-As-You-Go (PAYG) technology that allows the enterprise to lower the upfront price of its products, making them more affordable to the poor. Angaza Design offers its solar light products to customers in remote areas through its sales agents. These agents are often in need of working capital to purchase inventory upfront. Kiva lenders’ funds will help sales agents obtain inventory to sell to end consumers. This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.



Angaza Design joined Kiva through our Experimental Partnership Program, and has therefore received a lighter level of due diligence. Accordingly, loans associated with this partner carry a higher level of risk than typical Kiva loans.

About Zambia

  • $4,100
    Average annual income
  • 0
    View loans »
    Zambia Loans Fundraising
  • $1,028,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Refunded
A loan of $400 helped this borrower to purchase stock of pay-as-you-go solar products.
Repayment Term
5 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 14, 2013
Listed
Mar 11, 2013
Currency Exchange Loss:
N/A
Refunded:
Mar 11, 2013