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Oct 15, 2016 1:33 EDT

Zambia: Kalonda Energy Group – A loan of $3,700 helps a member to buy sustainable renewable energy products.

iCrowdNewswire - Oct 15, 2016

Kalonda Energy Group

Kalomo, Zambia / Home Energy
Borrower image

Kalonda Energy Group’s story

Muchimba, standing in the back of the picture wearing the white coat, has been a community health worker in Kalonda at the rural health center for six years. He is 30 years old and was born and raised in Lusaka. His job is to counsel people on health issues and treat as many diseases as he can. His challenge is getting medication and paying for transportation when visiting patients.

He is married with two young children – one goes to school, the other stays at home with his wife.

He wants to buy a solar system because he is currently studying to be a doctor in the evenings. Candles give poor light and are both expensive and dangerous. He says the three bright lights and phone charging capacity of the solar system will change his life.

In this group: Desmas, Unity*, Bornface, Last, Festus, Catherine, Loveness, Beatrice, Margret, Alex, Lister, Wilson, Peter*
*not picture* 

This loan is special because:

It helps small entrepreneurs sell smoke-free pellet stoves for steady income. 

Newton Nthiga
Kiva staff

More about this loan

ECS’ Entrepreneurial Loans enable small entrepreneurs and institutions to purchase smoke-free-pellet stoves and fuel pellets. The entrepreneurs will purchase 10-50 stoves for resale and then continue servicing the stoves after resale. Additionally, the borrower becomes the local supplier of the smoke-free pellets that fuel the stoves, thus securing long-term income. Kiva’s low-cost, risk-tolerant capital allows ECS to offer 0% interest financing to these entrepreneurs, which in turn, allows the entrepreneur to sell the stoves at low margin and increase his/her customer base. By supporting this loan you are helping create a steady source of income for entrepreneurs.

About Emerging Cooking Solutions Zambia:

Emerging Cooking Solutions (ECS) is a private company that sells clean cooking stoves and sustainable fuel pellets. ECS aims to replace the use of charcoal for cooking with renewable fuel pellets that save forests, reduce CO2-emissions, improve people’s health and generate new tax revenue.

Kiva’s partnership with ECS helps them bring affordable clean stoves and sustainable energy solutions to urban families who use expensive and smoky charcoal stoves. Kiva funding will not only benefit urban communities making the switch to clean energy, but will also benefit the entrepreneurs who earn a secure, long term income by distributing the clean stoves and fuel pellets.

A loan of $3,700 helps a member to buy sustainable renewable energy products.

Contact Information:

Kalonda Energy Group

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