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Additional Information

More information about this loan

Sunfarmer's Solar Loans will be used to install solar systems at hospitals, schools and other instituitions that need access to reliable energy. In addition to facilitating construction, Sunfarmer also provides the monitoring and maintenance support to ensure the system performs over the long term. SunFarmer seeks to prove that financing rural energy projects can be both low risk and high impact – enabling expansion of healthcare, education, and other critical services.

About SunFarmer:

SunFarmer is a nonprofit organization that provides high quality solar energy installations with low-cost financing to rural communities that don’t have a reliable source of electricity. According to the World Bank and UN, an estimated 1 billion people use health services without electricity and over 291 million children go to primary schools without access to any electricity. SunFarmer focuses its efforts on healthcare facilities, schools, and other critical infrastructure that are negatively impacted by unreliable or non-existent electricity.

Funding on Kiva goes towards loans offered to community institutions in developing countries that have little or no access to electricity. The funding will allow these institutions to increase their services and improve the health of the low income communities in which they operate.

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About Nepal

  • $2,400
    Average annual income
  • 0
    View loans »
    Nepal Loans Fundraising
  • $487,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back - Delinquent
A loan of $9,025 helped this borrower to pay for solar equipment that will provide reliable energy at their health clinic.
6% repaid
Repayment Term
98 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 15, 2014
Listed
Jul 11, 2014
Currency Exchange Loss:
N/A