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Isaac
Isaac is a 27-year-old young man, who works in business by profession and is single. He owns a retail shop which is about 7km away from his home. Isaac leaves home as early as 5am in order to manage the morning traffic jams so that he can open his shop early enough for his customers. Due to the nature of his business, he is not able to use a charcoal stove to prepare breakfast or lunch while at work. He says that electricity is very expensive to use so he instead resorts to eating in the nearby restaurant.

Isaac realizes that he spends a lot of money on eating in the restaurant. With this package, he says that he will save both on food and cooking energy so that he can commence planning on building a house for himself and thereafter marrying.

Isaac is very grateful for the size of the stove and gas energy - it is very handy as he can use it at home as well as at work. He acknowledges that had it not been for this KIVA loan, he wouldn’t have been able to access the cooking gas package. Although he was aware of its clean advantages and efficiency, the initial costs were very high for him.

Additional Information

More information about this loan

This WANA Solutions loan is designed to help households and small businesses convert from biomass energy to liquefied petroleum gas (LPG). Despite LPG being a cleaner and safer alternative to traditional forms of energy, all too often those who would most benefit from it are unable to afford the upfront necessary equipment costs (e.g. cylinders, piping, stoves).  By funding this loan, you are helping a customer to access a cleaner, safer and cheaper fuel source for their business or their family.
This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit

About Wana Solutions:

Wana Solutions 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.

More information about Wana Solutions Wana Solutions (WANA) is a Ugandan enterprise that distributes Liquified Petroleum Gas (LPG) to rural and urban populations across Uganda, replacing harmful biomass energy with clean technologies. Committed to increasing access to cleaner, safer and more efficient energy, WANA operates 40 outlets across five districts in Uganda, providing affordable LPG resources to families, businesses and saving and loan cooperatives.

Kiva lender’s funds will help WANA to create two new loan products, reaching more families and organizations across Uganda in different ways and reducing the country’s current reliance on harmful and polluting fuels. These loans are the (1) Household and Small Business loans that help end users purchase the necessary equipment begin using LPG in their homes or businesses and (2) Franchisee loans to women entrepreneurs, who will receive training and hands-on support to start their own LPG sales businesses.

About Uganda

  • $1,800
    Average annual income
  • 287
    View loans »
    Uganda Loans Fundraising
  • $31,111,650
    Funds lent in using Kiva
  • 2,517.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Isaac to pay for a package of clean energy so that he can eat healthy.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2013
Listed
Jan 7, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014