Update on SelnysSelnys started out his business with EarthSpark clean energy products by selling solar light bulbs and solar desk lamps in his community. His business has since expanded and he has now added charcoal efficient stoves to his product line. He is taking out another loan to be able to add to his stock.
Previous Loan DetailsSelnys lives in Felix, a small village about few kilometers from Port-Salut in an area without access to electricity. He is married and has four children with his wife who is a seamstress; three of them are in school. Selnys is a cabinetmaker, painter and retailer of pharmaceuticals products in d... More from Selnys's previous loan »
About EarthSpark InternationalEarthSpark International is a nonprofit organization dedicated to eradicating energy poverty in Haiti by expanding access to clean and efficient energy products and services for lower-income, underserved homes and businesses. EarthSpark supports local clean energy entrepreneurs in selling products ranging from solar energy systems to portable lanterns to improved cookstoves. EarthSpark has also built and is expanding Haiti's first pre-pay microgrid which delivers electricity to homes and businesses via poles and wires at a village scale.
This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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