Eladio’s asking for a loan to buy a solar lamp because the community he lives in nobody has electricity and what he earns is insufficient to do so. The lamp is a charging station with solar panels shaped like a lamp that’s useful for homes in rural zones that don’t have electric power. With this purchase the family will be benefited because they’ll be able to have their own light at night.
More information about this loan
This loan will help a low-income family purchase environmentally-friendly goods and equipment, including solar products (lights, water pumps, heaters), biodigesters, energy-efficient light bulbs and gas stoves. Lacking electricity, many people in rural El Salvador are forced to use firewood for cooking and kerosene for lighting, expensive solutions that endanger their health and well-being. By funding this loan, you are providing access to greener, healthier alternatives.
This Kiva loan will be either be a cash laon or an in-kind loan. An in-kind loan is used to provide borrowers with needed goods or services, as opposed to cash or financial credit.
About Apoyo IntegralApoyo Integral (Apoyo) is a nonprofit organization offering financial products that enable clients to increase their working capital, purchase fixed assets, buy and remodel homes, expand agricultural business and more. The organization’s target group is businessmen and women who have already established their businesses but need financial support to strengthen or expand them.
Like Kiva, Apoyo is committed to empowering women involved in business activities in rural areas. Kiva lenders’ funds will be used to expand these services to an even greater number of poor clients in rural areas.
About El Salvador
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