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EcoZoom 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.
About EcoZoom: EcoZoom is a social enterprise and certified B-Corporation that brings safe, clean, and affordable cookstoves to developing countries across Africa and Latin America. By providing clients with the means to become EcoZoom stove sales agents, the organization aims to empower workforces and local economies while also creating financially sustainable markets for clean cookstoves.
Kiva lenders’ funds will be used as starting capital to provide borrowers with in-kind loans in the form of stoves on credit. These interest-free loans will offer individuals a concrete income to lift themselves and their families from poverty, while also increasing the organization’s reach into further rural regions.