Funded

Total loan: $6,250
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Sebastian

Tanzania
Arusha, Tanzania / Renewable Energy Products

A loan of $6,250 helped to distribute ten biodigesters.


Sebastian's story

Sebastian is a 45 years old Tanzanian Businessman. He owns and strongly promotes renewable energy business. Standing with him in front of his office is the TAHUDE Foundation Director (in blue suit). Sebastian, in partnership with TAHUDE Foundation, has decided to install ten biodigesters in his local community/village back home. The customers are available and TAHUDE will pay Sebastian commission rate of 10% for each biodegester that he installs. A loan of USD 6,250 will enable Sebastian to implement this initiative. This will increase his social status in the community, promote his renewable energy business in rural community, and generate income through the 10% commission from TAHUDE Foundation. Sebastians’ initiative will reduce the community’s dependence on depleting firewood/trees and consequently halt deforestation. Also each biodigester installed will cut-down expenditures/expenses of the families which took the wise decision of such investment.



Loan details

Loan length:

16 months
Disbursed date: August 15, 2013
Facilitated by Field Partner: TAHUDE Foundation

Lenders and lending teams




Loan details

Loan length:

16 months
Disbursed date: August 15, 2013
Facilitated by Field Partner: TAHUDE Foundation