A loan of $650 helped a member electrical supplies.


Comunitarios Monkey Point. Group's story

In Monkey Point, kriol community of the Rama and Kriol Territory from the South Atlantic Autonomous Region (RAAS) of Nicaragua, located on the Caribbean Coast two hours offshore by panga (motorized boat), people do not benefit of a direct access to electricity. Thanks to the strong involvement of the kriol leaders in the development of the community, the community people are now being benefited by electrical materials such as deep-cycled battery charged in a charging station supplied by a hybrid wind-solar system or small individual solar systems of 14W.

For high investment cost, blueEnergy and ADEPHCA-Kiva in constant and strong coordination with the local kriol community board (the local communal organization that deals with all the issues of the community) are seeking financing through Kiva loans to acquire these electrical supplies such as:

- A charge controller that costs $28 USD, a battery that costs $152 USD, two 11 Watt bulb that costs $17 USD, #14 electrical wire that costs $15 USD and other small pieces (wood box, fusible, sparkplug, interrupters, sockets, etc.) that raises the total cost of the system to approximately to $290.15 USD per beneficiary. - Or for the individual small solar system composed of one panel, one small 12V/7Ah battery, charge controller, bulbs, cables, etc. that brings the total price of the system to $241.81 USD. (* prices valued after the purchase).

A group of 10 persons are beneficiaries of this Kiva group credit. From the total system cost, the community people are only paying $65 USD, representing 22% or 27% of this total cost depending on the system, the other part being subsidized by a project. They get organized and have a person responsible in the community to follow the micro-credit, Gloria S., and one person responding to bring the money in the ADEPHCA office in Bluefields, Rito A.. It should be noted that some of the beneficiaries does not appear on the photograph as, at the time it was taken they were out of the community for working reasons.

It is hoped that this financing will permit the beneficiaries to take advantage of electrical lighting to use some of the evening hours for taking care of their household chores.

In this group: Gloria , James, Sinea , Ligia, Natividad , Ceferino, Julia, William, Juan, Israel
*not pictured

Translated from Spanish by Kiva volunteer



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