Total loan: $30,000
Arusha, Arusha Region, Tanzania / Retail
Sikubora Limited's loan finished fundraising,
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A loan helped to purchase and distribute solar home systems to rural customers in Tanzania.
Sikubora Limited's story
Problem 38 million Tanzanians currently live without electricity. Without power, children's ability to study at home is limited, and households resort to using toxic kerosene lamps that are harmful to family health. Low income households are unable to invest in off-grid solutions due to the expensive nature of products and lack of access to finance. Solution Sikubora Limited brings together solar and mobile technology to provide affordable, clean and bright energy to off-grid populations in Tanzania. Sikubora provides smart credit to enable low income consumers to access energy products and pay for them in installments using mobile money. In addition to serving households, Sikubora also develops and installs custom solutions for clinics, schools and businesses in Tanzania, thus helping spur economic growth and industrialization in the country. Loan Use & Impact To date, Sikubora has installed over 350 solar home systems for off-grid rural farming homeowners and 25 customized systems for businesses, schools and clinics. During this loan period Sikubora plans to expand operations to the Babati region and will build inventory to distribute 170 solar home systems and 8 customized systems. Learn more about Sikubora and hear from one of their customers in this video. *Sikubora successfully repaid its first USD 30,000 Kiva loan.