Teresa’s home of Ololailumtia is a rural village, almost 100km and at least a three hour drive from the national grid power. The village sits on the edge of the Maasai Mara and serves as a commercial hub for both the Maasai residents and safari camp workers inside the reserve. With power in her shop, Teresa can use a refrigerator to sell cold drinks and other items. These are a rare commodity in her village and the profit she generates can be re-invested into her business. She also can offer more hair services in her salon because she has electricity to use electric hair clippers and for TV and radio to attract customers. Teresa estimates that on a given market day, she can sell over 100 sodas and give enough haircuts to cover her entire monthly electricity spending.
Teresa will also be able to provide more for her family with a source of electricity. Teresa will be able to have more lighting for her home and shops, and at a much cheaper price than kerosene, giving her extra income to spend on her children’s school fees or re-investing in her businesses. She will also be able to power a laptop computer for her family to use. Teresa is ecstatic about the possibility of having a connection to the micro-grid in her home and shops – the access to reliable and affordable power will transform how she runs her businesses and provides for her family.
Aside from Teresa, 10 other members of the village are also a part of the loan connecting to the grid: Sammy, Dorcas, Elizabeth, Mary, Habon, Rashid, Amos, John, Mbugua, and Pauline. They are also a combination of home and small business owners and are looking forward to the positive impact that micro-grid power will have on their homes and businesses.
More information about this loan
PowerGen is a Nairobi-based renewable energy enterprise, founded in 2013, that aims to improve access to electricity in rural regions of East Africa by providing communities with micro-grids. PowerGen seeks not only to reduce dependence on inefficient, expensive and harmful forms of energy (e.g. kerosene) but also to unlock the potential contained within these communities by supplying them with enough power to drive forward economic growth.
By partnering with Kiva, PowerGen will be able to provide micro-grids to communities on credit, thereby vastly increasing the organization’s impact. Kiva lenders’ funds will help PowerGen to provide in-kind micro-grid loans, which will be repaid over the loan term with the 2.7 cent fee that users pay per kilowatt hour. A 5-10% loan administration fee will be applied over the loan term.
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This loan has been fully funded!