Total loan: $50,000
Bamako, Bamako Capital District, Mali / Retail
Flag of Mali
Energy+'s loan finished fundraising,
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A loan helped to purchase solar home systems and lanterns for rural customers in Mali.
In Mali, 81% of the population does not have access to electricity, with the average household spending up to a third of their limited income on kerosene, batteries, or diesel generators, which are expensive and environmentally harmful. Energy+ pursues the objective of guaranteeing rural households in Mali access to essential energy services through a safe, modern, clean and economical solar solution. They market pay-as-you-go solar home systems which allow families to significantly reduce their energy expenses, develop income-generating activities, and improve the general living conditions of marginalized communities. Energy+ reaches customers through an extensive network of community-based agents and over 10,000 points of sale, making clean energy both affordable and accessible. Since its founding in 2017, Energy+ has provided access to over 100,000 households. This Kiva loan will allow Energy+ to provide solar-powered home systems and lanterns to thousands of more households in Mali.