RSS Newsfeeds

See all RSS Newsfeeds

Global Regions

Asia ( XML Feed )

Oct 18, 2016 4:25 PM ET

Archived: Indonesia: Prime Cookstoves – A loan of $32,000 helps to provide life-changing, innovative clean cookstove technologies on flexible financing terms to BoP populations in Asia & Africa.

iCrowdNewswire - Oct 18, 2016

Prime Cookstoves

Jakarta, Indonesia / Renewable Energy Products
Borrower image

Prime Cookstoves’s story


3 billion people globally still depend on dirty fuel for cooking. Daily exposure to smoke causes myriad negative health effects, whilst the inefficient use of biomass in traditional stoves causes deforestation, as well as over-expenditure on cooking fuels—accounting for more than 50% of a households’ monthly expenditures.


Prime develops & sells modern, highly-efficient, ultra-clean, & affordable biomass cookstoves. Prime cookstoves can be used with firewood or pellets, but also a variety of readily available biomass wastes, such as coconut husk, corncobs & palm kernel shells—significantly reducing household expenditure, as well as deforestation.
To date, Prime cookstoves have been sold to 16,000 households through its local entrepreneurs in Indonesia, Cambodia, Zambia, South Africa & Senegal, improving more than 100,000 lives all along the value chain from production to retail to end-user. See this video for the product in action

Borrower image

Borrower image
Borrower image
Borrower image
Loan Use

Continued impact & scale is hindered by lack of flexible financing terms. This loan will provide high-demand stoves to local entrepreneurs in countries such as Kenya, Ethiopia, Ghana, Bangladesh & Nepal with flexible payment terms to support creation of local retail networks & employment. Prime hopes to reach at least 100,000 households in Asia & Africa over the next 5 years, improving the livelihoods of over 500,000 people.

Photos 1&5 by Ditana Energy Solutions, 2&3 by Low Emissions Enterprises Project, 4 by Prime Cookstoves

This loan is special because:

This loan is special because it enables rural populations access to life-changing cooking technology 

Kiva staff

More about this loan

This loan is part of the Direct to Social Enterprise program, it has no Field Partner intermediary. For more information, please see the Direct to Social Enterprise blog.

About N/A, direct to Prime Cookstoves:

The direct to social enterprise program is a pilot program that aims to raise capital for social enterprises in a new and more efficient way. Social enterprises have the potential to strengthen their communities and reduce poverty by expanding formal employment, scaling innovative social solutions and driving sustainable economic growth. Through this pilot, Kiva will explore whether it can reach more social enterprises and lower operational costs (for the social enterprise and for Kiva) by facilitating lending directly, without a Field Partner

A loan of $32,000 helps to provide life-changing, innovative clean cookstove technologies on flexible financing terms to BoP populations in Asia & Africa.

Contact Information:

Prime Cookstoves

View Related News >