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Dekstro
Dekstro is a talented tailor. He and his wife started offering sewing courses in their home to teach housewives a new skill. The local government set up a community empowerment project and invited Dekstro to travel to small villages to teach people how to sew. However, this income does not provide enough money for his family of four.

Dekstro has joined Kopernik’s Tech Kiosk network to sell simple life-changing technologies. He will use the loan to buy stock and the additional income will provide much needed support to his family.

Dekstro also sees an opportunity to answer some of the problems in villages where electricity is not available. He is keen to educate his customers in the cost-savings and health benefits of the technologies, particularly in using solar powered lamps instead of harmful kerosene.

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

  • $4,458
    Average annual income
  • 66
    View loans »
    Indonesia Loans Fundraising
  • $4,803,750
    Funds lent in using Kiva
  • 11,065.6
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Dekstro to introduce simple, life-saving technologies such as solar lamps, water filters and clean cookstoves to his community.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 2, 2013
Listed
Dec 6, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014