This is a significant obstacle to economic development: shops have to close after sunset or use expensive (and sometimes very unhealthy) alternatives for lighting, such as small generators and kerosene, or battery-powered lanterns. For the hundreds of thousands of children living in Dar es Salaam's slums and poorer areas, it is impossible to study at night or do their homework.
With the help of African Solar Rise, Deo has opened a solar shop in Dar es Salaam, where he offers a sustainable alternative to his community. With his solar systems, they will be able to light their homes and shops at no extra cost for the next 5 years, thus increasing their income as well as their quality of life; their children will no longer have to read surrounded by kerosene smoke; and for some of them, this will be the opportunity to start a new business or expand an existing one by offering phone charging facilities.
Deo's solar shop has been open for a month now and has already registered sales of over 10 systems. A loan from Kiva will help Deo purchase more solar systems at a wholesale price and on credit from African Solar Rise, making his business flourish. It will also give him the opportunity to make his shop better and invest in marketing activities - to reach more and more families in the area and give them access to electricity and light.
More information about this loan
These loans will provide start-up capital to entrepreneurs, mainly women, who want to start clean energy businesses. African Solar Rise provides technical and entrepreneurial training on how to start and manage clean energy businesses.
About African Solar RiseAfrican Solar Rise is a nonprofit that helps entrepreneurs start businesses that offer renewable energy products and services. The organization assists in writing the business plan, providing lending capital, accessing high quality products and more.
African Solar Rise also provides savings and loan cooperatives (SAACOs) with income generating loans to purchase solar systems for redistribution amongst their members on a leasing scheme.
Kiva lenders’ funds will help the organization provide poor Tanzanians with affordable loans to start businesses that promote renewable energy, and to help SAACOs earn an income by buying and leasing solar-powered systems to their larger communities.
African Solar Rise 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.
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