Kiva conducts regular, ongoing monitoring of all Lending Partners, but only posts status updates here in response to relevant, major changes at the partner.

Status update — February 6th, 2023

Kiva and Entrepreneurs du Monde - Energy Microfranchises have agreed to end their partnership after 10 years and more than $297,350 in loans raised in Burkina Faso and Haiti. This partner has repaid its outstanding balance to Kiva in full, and these funds have been distributed to lenders. We thank Entrepreneurs du Monde - Energy Microfranchises for the years of collaboration and wish them success in their future endeavors.

Status update — October 25, 2021

Kiva has moved this Lending Partner to inactive status, which means Entrepreneurs du Monde - Energy Microfranchises is no longer fundraising loans on Kiva, though Kiva fully expects the partner to continue to send repayments owed to Kiva lenders for as long as the partner has an outstanding balance. Entrepreneurs du Monde - Energy Microfranchises posted their last working capital loan for their social enterprise in Haiti, Palmis Eneji, in 2020 and they will continue to send repayments to Kiva lenders for their two outstanding loans to Palmis Eneji. Entrepreneurs du Monde - Energy Microfranchises is currently in the process of re-evaluating their Kiva strategy. If and when this partner requests to fundraise again on Kiva, Kiva will first conduct any additional monitoring and due diligence tasks we believe necessary.

Partner description:

Entrepreneurs du Monde (EdM) is a French NGO created in 1998 that works with vulnerable populations in developing countries. The organization enables thousands of women and men living in extremely difficult circumstances to improve their living conditions. EDM provides support for their micro-entrepreneurs to help them access products that positively impact health, livelihood and the environment.

EdM aims to increase access to energy in developing countries by making clean, modern and affordable energy technologies (cooking and lighting equipment) available to low-income populations. The NGO operates as an incubator for social businesses, which distribute gas stoves, improved biomass stoves, solar-powered lights and solar home systems. 

EdM operates on the ground through 3 different approaches:

   • Social microfinance: Providing micro entrepreneurs in the informal sector with financial services and socio-economic services.

   • Social entrepreneurship: Encouraging the distribution of products offering significant health, economic and environmental benefits and enabling the development of local networks of independent social enterprises managed by local entrepreneurs.

   • Business development services: To support the development of SMEs in high value-added sectors that have limited access to microfinance services (for example artisanal manufacturing).

A unique lending approach

Kiva provides an important source of flexible, risk-tolerant working capital for social businesses in EdM’s network so that they can import and stock clean energy products to meet customer demand. These products positively impact health and the environment by providing a safe and clean source of energy in impoverished communities around the world.