Update on PierreThanks to the support of Kiva funders, Pierre is applying for a new loan! After being funded on Kiva, Pierre received a “business in a bag”, a kit containing a personalized mix of small-scale clean energy products, marketing materials and training on energy literacy, SMS tracking of sales, and basic business skills. He used this “business in a bag” to launch a clean energy entrepreneurship with EarthSpark. He sold out of his products so quickly that he has paid off his loan and is now coming back to us for another loan. With this money, he will continue to sell solar desk lamps as well as kerosene and charcoal-efficient stoves in his community.
Previous Loan DetailsPierre lives in Port Salut, a small town on the coast of the South Department in Haiti, about 45 minutes from the regional capital of Les Cayes. He is married and has two children in school. As a pastor in his village he is also a community leader and perfectly situated to increase energy literac... More from Pierre's previous loan »
About EarthSpark InternationalEarthSpark International is a nonprofit organization dedicated to eradicating energy poverty in Haiti by expanding access to clean and efficient energy products and services for lower-income, underserved homes and businesses. EarthSpark supports local clean energy entrepreneurs in selling products ranging from solar energy systems to portable lanterns to improved cookstoves. EarthSpark has also built and is expanding Haiti's first pre-pay microgrid which delivers electricity to homes and businesses via poles and wires at a village scale.
This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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