Cornellius is a businessman residing in the Mukuru informal settlement in Nairobi, Kenya. He is a married man and the proud father of one son. During his many years in Mukuru, he has been greatly involved in community improvement programs for the slum. He is part of a self-employed group that focuses on sanitation; the group mainly collects garbage from the community with the aim of creating a better environment.
Cornellius is seeking funding to finance the purchase of one Fresh Life toilet to further ensure a cleaner environment for his community. He also plans to use the Fresh Life toilet as an opportunity to create jobs for youth in the slum, and through this sanitation project he aspires to become a successful entrepreneur.
More information about this loan
Eight million people in Kenyan slums and 2.6 billion people worldwide lack access to hygienic sanitation. Sanergy aims to permanently reduce related disease in these areas by making sanitation accessible, affordable and sustainable. This social enterprise builds toilets under the “Fresh Life” brand, franchises them to local entrepreneurs, collects the waste and converts it into renewable energy and organic fertilizer.
Because Sanergy’s core business is not microfinance and its partnership with Kiva is unprecedented, these loans present some level of additional risk for lenders. Accordingly, we have not provided a risk rating for this partner.
This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.
Sanergy is a social enterprise that combines technology, entrepreneurialism and a unique business model to provide safe, accessible and affordable sanitation products and services to slum residents across Kenya. Sanergy uses the flexible, zero-interest capital provided by Kiva lenders to offer loans to its network of toilet operators. The funding covers the upfront costs of the toilet purchase, enabling operators to pay back the loan over time with the revenue generated by the toilet.