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Gun Gun
Gun Gun collaborates with the team at a local NGO that provides environemental education and believes that living harmoniously with nature will improve quality of life. Located in Bandung, West Java, Indonesia, Gun Gun promotes a zero waste campaign to educate people about the zero waste lifestyle and zero waste technology to live an environmentally sustainable life.

One of the campaign methods is to introduce simple, life-changing, eco-friendly technology to the zero waste community and to the wider community. Therefore he and the team set up a Toko Organis or Organic Shop in February 2013 to answer inquiries about how to practice a green lifestyle.

With this loan, Gun Gun and team want to purchase new technologies such as solar lights, clean cookstoves, and safe mosquito nets in order to expand the business and most importantly to expand their influence in promoting the zero waste lifestyle.

Additional Information

More information about this loan

This loan will help Kopernik to provide its network of independent re-sellers with inventory for simple, life-changing technologies, as opposed to cash or financial credit. Retailers will receive products such as water filters, solar lamps, efficient cookstoves, micro irrigation systems, corn shellers, milk pasteurizers, clean birth kits, infant warmers, mosquito nets and solar hearing aids.  

These retailers typically own pre-existing small businesses and wish to provide their communities with these technologies. They are responsible for repaying the cost of the products to Kopernik over the course of the loan term.

Kopernik will collect repayments from retailers each month based on their sales and this money will be returned to Kiva lenders. However, since actual sales are difficult to predict in advance, the repayment schedule on Kiva has been listed with only a single bullet repayment at the end of the term. This structure gives the retailers flexibility to repay on a schedule that works for their individual business needs.

About Kopernik:

Kopernik is a nonprofit organization that helps rural retailers in Indonesia sell simple, life-improving technologies to their communities. Founded in 2009, it connects technology makers with local partners in remote areas to address needs like clean water, electricity, food security and healthcare. Kiva funding will enable retailers to purchase more inventory at a better price, thereby increasing the distribution of life-improving technologies in rural communities.

Kopernik 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.

About Indonesia

  • $5,200
    Average annual income
  • 100
    View loans »
    Indonesia Loans Fundraising
  • $5,148,150
    Funds lent in using Kiva
  • 9,904.8
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $275 helped Gun Gun to buy more green technology products.
94% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2013
Listed
Jun 21, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014