In honor of World Refugee Day, show your support with a loan!
Total loan: $8,250
, , Kenya / Retail
Flag of Kenya
Jack's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To purchase solar kits to supply and empower rural communities without energy access.
Jack, pictured above, is a hard-working entrepreneur who sells solar products to small businesses and households without reliable or affordable energy access. Jack is 30 years old, married, and has two children. Jack has been selling BrightBox, One Degree Solar’s solar energy kit that powers lights, phones, and radios, for three years. Since he started his business, he has opened two additional shops and hired nine employees. His long-term goal is to grow his business to include three more shops and employ nine more employees (2 employees per shop). While happy with his initial success, Jack has realized that many of his customers cannot afford to pay upfront with cash. 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, Jack would like to start offering flexible payment terms to those customers who need it most, while also increasing his inventory on hand to serve more customers. He seeks support from Kiva lenders to make this happen. Jack will use funds for 100 units of BrightBox solar kits, which will energize and empower households across Kenya. Customers will be able to collect BrightBox systems immediately and pay for them upfront or over several months. Since customers 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, Jack will help families eliminate energy expenses, improve safety, and allow their children to read into the night.