Total loan: $14,550
, , Kenya / Retail
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Caroline's loan finished fundraising,
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A loan helped to pay for solar energy systems and offer financing plans to lower-income farmers and farm employees.
Caroline is an entrepreneur who works with a small team of socially minded partners to improve the lives of farmers throughout Kenya. A few years ago, Caroline started her own business to support farmers and their employees in the flower and tea-growing region of the Rift Valley and Western Kenya, where she has improved the lives of thousands by providing access to sustainable energy products that are needed within local communities. Caroline’s product line now includes solar energy solutions, as well as improved cook stoves, which she and her small team sell on farms, in factories, savings and credit cooperatives, and in open-air markets. The team also conducts trainings and live demos for community members to see the positive aspects of solar when compared to traditional energy sources such as candles, kerosene, and disposable batteries. With years of experience selling a variety of solar products and building a reputation in her community, Caroline began working with One Degree’s team in Kenya in 2012 after hearing about BrightBox, a new solar energy kit that powers lights, phones, and radios. During initial demos, customers would get excited when seeing BrightBox lights in action; Caroline acted quickly as an entrepreneur. Since April 2013, Caroline has already sold over 230 BrightBox kits to her customers. She already has requests for many more, which she would like to provide before the holidays. While happy with her initial success, Caroline has been selling to customers on a regular cash basis, while many others cannot afford to pay upfront. These same customers are often stuck spending $10-$15 per month - a considerable portion of their income - on lighting and phone charging. To break this cycle and provide renewable energy to these customers, Caroline would like to start offering flexible payment terms to those who need it most, while also increasing her inventory on hand to serve more customers. She seeks support from Kiva lenders to make this happen. Caroline will use funds for 170 units of Bright Boxes solar kits, which will energize and empower households across her region. Customers will be able to collect BrightBox systems immediately and pay for them upfront or over several months. Since they are currently spending money on polluting, unsafe, and inefficient energy, most will save enough to recoup costs in 4-5 months and never worry about fuel or fire again. With your help, Caroline will help families eliminate energy expenses, improve safety, and allow their children to read into the night.