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Francois
Francois is a 35-year-old man from the Bugesera District in the Eastern Province of Rwanda. He lives in an adobe brick home with his wife Console and his five children Diane, Pascal, Tharcise, Annee Marie, and Moise. Francois started selling rechargeable lights in July 2012 and to date has sold 20 lights, providing clean energy to 100 people.

Francois is requesting a 50 USD loan to purchase 10 rechargeable LED lights to resell to people in his village without electricity. Every week or so, his customers will return to have their lights recharged for just 20 cents. Francois will use the profit from selling and recharging lights to improve his adobe brick home.

Additional Information

About Nuru Energy

Nuru Energy is a for-profit corporation that encourages and provides renewable sources of energy in East Africa and India. The company’s POWERCycle generator supplies easy-to-use, off-grid re-charging for mobile phones and Nuru Energy’s portable modular LED lights, which can provide up to 10 days of light to rural households. Nuru distributes its lights through a network of village level entrepreneurs called VLEs. Each VLE sells lights to end consumers and can make additional income by offering recharging services with the Nuru POWERcycle.

Kiva lenders’ funds will be used to supply VLEs with lamps to sell in their communities. This Kiva loan will thus be used to provide borrowers with needed goods or services, as opposed to cash or financial credit. Kiva loans will be provided to Nuru VLEs at 0% interest, and each VLE will also be equipped with a POWERCycle to recharge lamps for customers on a regular basis.

Watch the video below to see how it all works:

About Rwanda

  • $1,000
    Average annual income
  • 30
    View loans »
    Rwanda Loans Fundraising
  • $13,326,100
    Funds lent in using Kiva
  • 630.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $50 helped Francois to buy 10 low-cost LED lights to resell to rural households without electricity.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 28, 2013
Listed
Apr 3, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014