Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.

Partner description:

d.light is a global social enterprise delivering affordable solar-powered solutions designed for the 2 billion people in the developing world without access to reliable energy. It provides distributed solar energy solutions for households and small businesses that are transforming the way people all over the world use and pay for energy. Through 10 field offices and four hubs in Africa, China, South Asia and the United States, d.light is dedicated to providing the most reliable, affordable and accessible solar lighting and power systems for the developing world and reaching 150 million people by 2020.

A unique lending approach:

For d.light, Kiva loans will help its small-scale distributors access greater amounts of products to sell and scale the business to reach more people. Since d.light provides financed payment solutions for its customers, more liquidity will allow for more flexibility and stability. Kiva is helping d.light distribute more products and put them into customers' hands, and thus helping them obtain access to energy through the financed model.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Apr 30, 2020 Oct 12, 2005
Total Loans $500,000 $1,451,478,700
Amount of raised Inactive loans $150,000 $1,225,950
Number of raised Inactive loans 2 246
Amount of Paying Back Loans $250,000 $148,369,975
Number of Paying Back Loans 3 169,375
Amount of Ended Loans $100,000 $1,301,882,775
Number of Ended Loans 2 1,706,896
Delinquency Rate 0.00% 21.61%
Amount in Arrears $0 $20,695,832
Outstanding Portfolio $250,000 $95,757,787
Number of Loans Delinquent 0 72,467
Default Rate 0.00% 1.73%
Amount of Ended Loans Defaulted $0 $22,469,414
Number of Ended Loans Defaulted 0 54,461
Currency Exchange Loss Rate 0.00% 0.40%
Amount of Currency Exchange Loss $0 $5,838,315
Refund Rate 0.00% 0.63%
Amount of Refunded Loans $0 $9,156,125
Number of Refunded Loans 0 8,490

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 50.00% 76.69%
Average Loan Size $71,429 $395
Average Individual Loan Size $71,429 $610
Average Group Loan Size $0 $1,774
Average number of borrowers per group 0 7.8
Average GDP per capita (PPP) in local country $10,800 $5,729
Average Loan Size / GDP per capita (PPP) 661.38% 6.89%
Average Time to Fund a Loan 8.32 days 7.45 days
Average Dollars Raised Per Day Per Loan $8,583.83 $53.02
  Average Loan Term 5 months 11.37 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 2 912,350
  Journaling Rate 100.00% 43.89%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.00 0.70

Borrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A N/A 25.38% PY
  Profitability (return on assets) -0.7% N/A -1.40%
  Average Loan Size (% of per capita income) N/A N/A 12.34%

Country Fast Facts

Field Partner Staff

Binagwaho Gakunju
Anshul Gaur
Olivier Motard