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Additional Information

More information about this loan

TECNOSOL is a for-profit renewable energy company that provides electricity and solar powered products to families living off the grid in Nicaragua. It enables households to generate their own energy and replace toxic and expensive sources of light and heat like kerosene, diesel and wood. 

Many of TECNOSOL's clients cannot afford the high upfront costs of buying solar products. Kiva loans help these households purchase clean energy products. 

Solar home systems are much more than a solar lamp and can provide users with life changing amounts of power: enough power to run multiple lights, home appliances, radios, and TVs. These systems are modular, enabling clients to add solar panels and batteries to meet their increasing energy demands.  

Important Information

This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.

About Nicaragua

  • $4,800
    Average annual income
  • 130
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Ended with Loss - Defaulted
A loan of $225 helped this borrower to buy a small solar power system in order to have electricity in the house.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 25, 2013
Listed
Sep 29, 2013
Currency Exchange Loss:
N/A
Defaulted:
Jul 16, 2015