What to know about this Lending Partner
Kiva conducts regular, ongoing monitoring of all Lending Partners, but only posts status updates here in response to relevant, major changes at the partner.
Partner description:
BioLite was founded in 2009 as a social enterprise. It designs and distributes clean energy technologies such as solar home systems and clean cookstoves to underserved households through a network of local distributors. The organization operates globally, with a strong focus on sub-Saharan Africa via a Mauritius-based entity. Its core work centers on expanding access to renewable energy while supporting distributors with tools and financing to scale last-mile delivery.
A unique lending approach:
For BioLite, Kiva loans will provide working capital to local distributors to purchase inventory and grow their businesses. The model is distinct in that financing is extended to distributors rather than end-users, enabling them to offer pay-as-you-go and credit-based solutions to customers. This approach strengthens last-mile energy access by helping distributors expand reach and deliver affordable clean energy solutions to low-income households.