Classic Kiarutara Group
Esther,the group treasurer (pictured at the far right) was the first one to buy a solar lamp from VEP during a roadshow to their region. After experiencing the changes in her fuel budget and the quality of light, she promoted the lamp to a friend in the market who agreed to form a group and get the lamps on credit for their homes.Esther says since she bought the lamp, she has saved a lot of money previously used to buy kerosene and for mobile charging. Her children also started enjoying longer study hour which has led to improved grades. Esther and the group would like to see other families enjoy clean, convenient lighting while at the same time making money from the sale of those lamps
They have purchased different types of solar lamps from VEP on credit and with their sale, are confident the group will repay the loan from the profits and even take a second loan to expand the business
More information about this loan
About Visionary Empowerment ProgrammeVisionary Empowerment Programme (VEP) is a nonprofit organization that empowers people to build their own enterprises through microfinance, training and other development services. In addition to providing loans to groups of borrowers, it works with established organizations to encourage installation of biogas digesters, solar energy products, clean cooking stoves and other technologies that reduce costs, poverty and greenhouse gas emissions.
This is a Group Loan
Loan tags help lenders find loans that match certain areas of interest. You can add up to 5 tags for this loan.
808View loans »
Success!! The loan was 100% repaid