Check out some available loans that are similar to this one!
Shadreck is a 34 years old chef at a sports center for young Zambians. He is married with 3 children, who all are in school. The youngest is in a school for children with special needs, which is hard on his finances. His wife handles bookings in a hotel. His dream is to become independent and build a business, preferably on his own piece of property in the future. Shadreck is also a gospel musician and performs together with his oldest daughter.
The loan will help him buy a stock of improved stoves and biomass pellets, which together replace charcoal. He will then sell them and start building towards his dream. He is also motivated to be apart of the fight against deforestation and he loves teaching people about that as well as introducing chefs to a sustainable way of cooking.

Additional Information

More information about this loan

ECS' Entrepreneurial Loans enable small entrepreneurs and institutions to purchase smoke-free-pellet stoves and fuel pellets. The entrepreneurs will purchase 10-50 stoves for resale and then continue servicing the stoves after resale. Additionally, the borrower becomes the local supplier of the smoke-free pellets that fuel the stoves, thus securing long-term income. Kiva’s low-cost, risk-tolerant capital allows ECS to offer 0% interest financing to these entrepreneurs, which in turn, allows the entrepreneur to sell the stoves at low margin and increase his/her customer base. By supporting this loan you are helping create a steady source of income for entrepreneurs.

About Emerging Cooking Solutions:

Emerging Cooking Solutions (ECS) is a private company that sells clean cooking stoves and sustainable fuel pellets. ECS aims to replace the use of charcoal for cooking with renewable fuel pellets that save forests, reduce CO2-emissions, improve people’s health and generate new tax revenue.

Kiva’s partnership with ECS helps them bring affordable clean stoves and sustainable energy solutions to urban families who use expensive and smoky charcoal stoves. Kiva funding will not only benefit urban communities making the switch to clean energy, but will also benefit the entrepreneurs who earn a secure, long term income by distributing the clean stoves and fuel pellets.

About Zambia

  • $4,100
    Average annual income
  • 10
    View loans »
    Zambia Loans Fundraising
  • $1,106,125
    Funds lent in using Kiva
  • 6.2
    Zambia Kwacha (ZMW) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Shadreck to buy a stock of improved cookstoves and renewable fuel pellets.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Aug 15, 2014
Sep 1, 2014
Currency Exchange Loss:
Jun 18, 2015