Peter is an administrative representative in one of Nairobi's many locations. His area of service is densely populated and faces a challenge when it comes to sanitation. There are very few facilities in the area and those available do not meet standards that ensure safety for users.
Due to these challenges, Peter decided to look for a solution when he learnt about Fresh Life Toilets. He seeks a loan to help him purchase and run two Fresh Life Toilets. The toilets will be a first among the many toilets that he wishes to see installed. He hopes that this will improve the standards of cleanliness in his location and encourage more people to obtain such facilities in order to ensure comfort and prevent an outbreak of sanitation related diseases.
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.