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Santos
Santos lives in a community in the Department of Intibucá Honduras. He is a farmer (poptatoes), age 22 years who lives and takes care of his mother. It is clear that Santos works hard to maintain his mom and at night, after a hard day of work, the conditions in the house are not very good due to the lack of electricity.
They currently illuminate their home with kerosene lamps because the electrical utility grid does not reach this rural area. It also puts in risk his mom’s health because the kerosene lamps are turned on with a match and present a big risk of a fire. He mentioned that with this solar energy system, he hopes improve his farm because this will help him wake up and start working earlier. Santos is requesting a loan to purchase a complete solar electric system from Soluz Honduras.

Additional Information

More information about this loan

This loan will provide solar electric systems for houses to be illuminated with highly efficient LED lamps. This loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit. With the electric lighting systems it is much easier to study and cook, as well as power needed electronics like cell phones. The systems reduce toxic fumes from kerosene lamps, and also reduce the family’s energy costs by eliminating the cost of kerosene, dry cell batteries and the cost to charge cell phones. Soluz Honduras installs, guarantees, and maintains the system to assure that the benefits will continue for many years, and the solar panel has a 25-year warranty. By supporting this loan, you are helping families access clean energy and reducing their negative impacts on their home environment and surrounding environment.

About Soluz Honduras:

Soluz Honduras is a social and environmental enterprise committed to increasing energy access for Hondurans using solar technology. By distributing solar products and related financing to provide affordable clean electricity, Soluz Honduras contributes to economic development while protecting the environment.

Tags

About Honduras

  • $4,200
    Average annual income
  • 53
    View loans »
    Honduras Loans Fundraising
  • $8,383,625
    Funds lent in using Kiva
  • 19.1
    Honduras Lempiras (HNL) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $900 helped Santos to purchase a solar energy system for his home.
98% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2014
Listed
Jul 11, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015