What to know about this Lending Partner
Kiva conducts regular, ongoing monitoring of all Lending Partners, but only posts status updates here in response to relevant, major changes at the partner.
Partner Description:
Teledata ICT is a leading broadband, fiber internet, and business technology service provider operating in the Greater Accra region of Ghana since 2003. In partnership with Google X’s project Taara team, Teledata is focused on targeting lower-income consumers and small businesses that would benefit from both providing and/or selling affordable high-speed WIFI access to their customers.
A unique lending approach:
Teledata uses Kiva financing to provide capital to existing small business owners which will be used in setting up an indoor or outdoor WiFi hotspot, in order to provide high speed, quality and affordable internet bundles in mostly low-income communities. These internet bundles can be used anywhere there is a Teledata network, thereby fulfilling the goal of network expansion while providing an income stream for businesses and a way for community members to access the internet.