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Additional Information

More information about this loan

This loan is part of a program to fund institutions, including cooperatives and community-based organizations, that offer low-cost financing to general consumers who want to purchase EzyLife clean cookstoves. These institutions have successfully built trust with large networks of women living in low-income areas throughout Kenya. Their reach and influence provides an excellent pathway for expanding access to clean cookstoves.
This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit

About The Paradigm Project:

The Paradigm Project (TPP) is a for-profit company that builds supply chains to deliver energy-efficient products to low-income families in developing countries like Kenya. Based in the U.S., the organization works through its overseas subsidiaries and select distributor partners to supply high-quality, clean-burning cookstoves manufactured by innovative brands like Envirofit, Burn Design Lab and EzyStove.

Kiva lenders’ funds are used by TPP to offer loans to low-income women interested in purchasing high-quality, high-efficiency cookstoves that significantly reduce exposure to life-threatening indoor air pollution and deforestation. One stove can save a family over $280 in income, reduce exposure to toxic emissions by up to 70% and prevent the destruction of 33 trees.

The Paradigm Project 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 Kenya

  • $1,800
    Average annual income
  • 717
    View loans »
    Kenya Loans Fundraising
  • $42,300,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Refunded
A loan of $3,100 helped this borrower to purchase cookstove products for sale to end users.
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 7, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
N/A
Refunded:
May 14, 2013