Funded

Total loan: $50
Powered by 1 lenders

Emmanuel

Rwanda
Bugesera, Rwanda / Renewable Energy Products

A loan of $50 helped to pay for 10 low-cost LED lights to resell to rural households without electricity.


Emmanuel's story

Emmanuel is a 27-year-old man from Bugesera District in the Eastern Province of Rwanda.

He is seeking a top-up loan of RWF 30,000 to purchase 10 rechargeable LED lights, which he will resell to people without electricity in his village. Every week or so, these customers will return to him to have their lights recharged for just RWF 100. Emmanuel started selling lights in May, 2012 and he has sold 170 lights to date, providing clean energy to 850 people. He is also a shopkeeper and will reinvest the money he makes into expanding his other business to earn more money for himself, his wife Speciose, and their child.



Loan details

Loan length:

14 months
Repayment schedule: At end of term
Disbursed date: June 26, 2013

Lenders and lending teams



Loan details

Loan length:

14 months
Repayment schedule: At end of term
Disbursed date: June 26, 2013