There is no Lending Partner for this loan. It is part of the Direct to Social Enterprise program. For more details on DSE, please click here. For more details on the borrower, please refer to their loan profile.


Update as of Dec 2023

Over the past year, Kiva has been actively involved with Pawame, a group of lenders, and Ignite Solar in overseeing Pawame's acquisition by Ignite. This process has now been successfully completed. Prior to the acquisition, Pawame faced significant challenges in maintaining solvency and generating sufficient revenue to pay staff and service its loans, including the Kiva loan.

The acquisition by Ignite, a mission-oriented organization, brings new hope for the continued distribution of affordable solar products in the rural communities previously served by Pawame. There is also an expectation that staff will be retained under this new arrangement. However, it is currently anticipated that Ignite may not be in a position to fully repay Pawame’s outstanding debt. As a result, Kiva is moving to default this loan. Should Ignite make any repayments to Kiva in the future, these funds will be forwarded to the lenders.

The loan provided to Pawame played a crucial role in helping the company navigate the challenges posed by COVID-19. It enabled Pawame to supply solar electricity to rural and peri-urban Kenyan families, supported by approximately 250 commission-based sales agents operating from 15 distribution centers across 14 counties. Additionally, the funding facilitated the implementation of a new employee health insurance program and ensured the payment of salaries.

The impact of this financial support has been significant, despite the challenges in repayment. It underscores the vital role of such loans in making a difference in the lives of borrowers globally, offering opportunities for betterment and development.

Update as of April 2021

Kiva and Pawame have agreed to end their partnership after Pawame fully paid back their USD50k loan. Pawame successfully raised USD2mm as part of their Series B in 2018.

Pawame has repaid its outstanding balance to Kiva in full, and these funds have been distributed to lenders. We thank Pawame for their collaboration and wish them success in their future endeavors.


Pawame reinitiated relationship with LSE in 2021 due to COVID-19 related liquidity issues.

Repayment Performance on Kiva

    This Lending Partner All Kiva Partners
  Start Date On Kiva Apr 22, 2017 Oct 12, 2005
Total Loans $250,000 $1,958,611,875
Amount of raised Inactive loans $0 $197,655
Number of raised Inactive loans 0 175
Amount of Paying Back Loans $0 $161,174,305
Number of Paying Back Loans 0 188,688
Amount of Ended Loans $250,000 $1,768,236,180
Number of Ended Loans 2 2,370,063
Delinquency Rate 0.00% 12.20%
Amount in Arrears $0 $12,200,290
Outstanding Portfolio $0 $100,036,204
Number of Loans Delinquent 0 72,767
Default Rate 79.82% 1.83%
Amount of Ended Loans Defaulted $199,556 $32,303,600
Number of Ended Loans Defaulted 1 84,786
Currency Exchange Loss Rate 0.00% 0.49%
Amount of Currency Exchange Loss $0 $11,931,838
Refund Rate 0.00% 0.54%
Amount of Refunded Loans $0 $10,526,300
Number of Refunded Loans 0 9,596

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 0.00% 78.22%
Average Loan Size $125,000 $392
Average Individual Loan Size $125,000 $589
Average Group Loan Size $0 $1,891
Average number of borrowers per group 0 8.3
Average GDP per capita (PPP) in local country $1,800 $5,599
Average Loan Size / GDP per capita (PPP) 6,944.44% 7.00%
Average Time to Fund a Loan 14.31 days 8.93 days
Average Dollars Raised Per Day Per Loan $8,738.17 $43.87
  Average Loan Term 19 months 11.47 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 7 1,178,609
  Journaling Rate 100.00% 42.26%
  Average Number of Comments Per Journal 0.00 0.02
  Average Number of Recommendations Per Journal 0.00 0.57

Borrowing Cost Comparison (based on 2009 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A 36.00% PY 27.02% PY
  Profitability (return on assets) N/A 0.5% -3.10%
  Average Loan Size (% of per capita income) N/A 56.00% 0.00%

Country Fast Facts

Lending Partner Staff