Pamela is the mother of two children and resides in Nairobi, the capital city of Kenya. She is a member of a social development group in her community. Pamela once saw a Fresh Life toilet and presented the idea to members of her group as an investment opportunity. They agreed to purchase and run two Fresh Life toilets at one of the city's busy markets.
Pamela seeks a loan on behalf of her group to help them purchase and run two Fresh Life toilets. Money earned from the franchise will be used to repay the loan, as well as investing in other projects with the aim of improving the group members' living standards. They hope that the facility will also improve the standards of sanitation at the market and reduce the risk of disease outbreaks.
More information about this loan
Eight million people in Kenyan slums and 2.6 billion people worldwide lack access to hygienic sanitation. Sanergy aims to permanently reduce related disease in these areas by making sanitation accessible, affordable and sustainable. This social enterprise builds toilets under the “Fresh Life” brand, franchises them to local entrepreneurs, collects the waste and converts it into renewable energy and organic fertilizer.
Because Sanergy’s core business is not microfinance and its partnership with Kiva is unprecedented, these loans present some level of additional risk for lenders. Accordingly, we have not provided a risk rating for this partner.
This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.
Sanergy is a social enterprise that combines technology, entrepreneurialism and a unique business model to provide safe, accessible and affordable sanitation products and services to slum residents across Kenya. Sanergy uses the flexible, zero-interest capital provided by Kiva lenders to offer loans to its network of toilet operators. The funding covers the upfront costs of the toilet purchase, enabling operators to pay back the loan over time with the revenue generated by the toilet.