Jessy is a 20-year old recent high-school graduate who lives with her family in the Chongwe district of Zambia, about 45 miles east of Lusaka. She has lived in Chongwe all her life, which helps her feel a strong sense of community with her neighbors and friends. As a Zamsolar solar distribution agent, she has enjoyed helping her community by providing safe, clean and affordable alternative energy products to replace candles and paraffin. Her work with Zamsolar also provides a source of income for herself and her family, and she feels that she gains valuable entrepreneurial experience that a recent graduate would not normally be able to find.
A $400 loan will allow Jessy to stock additional inventory of the Angaza Pay-As-You-Go SoLite3 to sell to wait-listed customers in Chongwe. She is happy that the SoLite3 lets her sell clean energy to people in her community who normally wouldn’t be able to afford a high-quality solar product.
Note: This loan is being re-posted because the original loan contained an error in the repayment schedule.
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.