Update on Antoine GilbertAntoine started selling EarthSpark clean energy products a few months ago - integrating these products into his existing business. He has already taken out two loans to launch his clean energy retail business. After selling out the entire inventory he bought with his last loan, he still has customers calling him with more orders. He is looking to increase his inventory. He is taking out a third loan to help meet the demand in his community for a source of renewable energy that will allow customers to save money while helping the environment.
Previous Loan DetailsAntoine lives in Les Cayes, the capital of the South Department of Haiti with his wife and child. He has had a business in the city for 3 years and he has started to sell clean energy products with EarthSpark. He was really interested in selling kerosene stoves as many people in Les Cayes use cha... More from Antoine Gilbert'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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Success!! The loan was 100% repaid