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Additional Information

Important Information

Because Barefoot Power’s core business is not microfinance, there is some level of additional risk for lenders. Kiva’s partnership with the company is unique and unprecedented. For this reason, Kiva has not assigned the organization a risk rating.

Barefoot Power is a for-profit social enterprise dedicated to bringing solar lighting solutions to remote, low-income regions. The company offers Kiva-funded loans to its distributors and retailers to buy supplies, open stores, and sell high-quality, affordable lighting products to consumers in underserved communities. Access to renewable lighting reduces use of pricey, dangerous kerosene, and significantly improves household productivity and income potential.

Tags

About Malawi

  • $900
    Average annual income
  • 11
    View loans »
    Malawi Loans Fundraising
  • $526,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back - Delinquent
A loan of $49,975 helped this borrower to buy and sell Barefoot Power's solar lighting products.
28% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Irregularly
Disbursed:
Sep 2, 2013
Listed
Jun 30, 2013
Currency Exchange Loss:
N/A