d.light design
Approved to post Kiva loans from: Namibia, Zimbabwe, Benin, Zambia, South Africa, Papua New Guinea, Nigeria, Niger, Kenya, Mozambique, Mali, Madagascar, Liberia
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:
d.light is a global social enterprise delivering affordable solar-powered solutions designed for the 2 billion people in the developing world without access to reliable energy. It provides distributed solar energy solutions for households and small businesses that are transforming the way people all over the world use and pay for energy. Through 10 field offices and four hubs in Africa, China, South Asia and the United States, d.light is dedicated to providing the most reliable, affordable and accessible solar lighting and power systems for the developing world and reaching 150 million people by 2020.
A unique lending approach:
For d.light, Kiva loans will help its small-scale distributors access greater amounts of products to sell and scale the business to reach more people. Since d.light provides financed payment solutions for its customers, more liquidity will allow for more flexibility and stability. Kiva is helping d.light distribute more products and put them into customers' hands, and thus helping them obtain access to energy through the financed model.
Partner description:
d.light is a global social enterprise delivering affordable solar-powered solutions designed for the 2 billion people in the developing world without access to reliable energy. It provides distributed solar energy solutions for households and small businesses that are transforming the way people all over the world use and pay for energy. Through 10 field offices and four hubs in Africa, China, South Asia and the United States, d.light is dedicated to providing the most reliable, affordable and accessible solar lighting and power systems for the developing world and reaching 150 million people by 2020.
A unique lending approach:
For d.light, Kiva loans will help its small-scale distributors access greater amounts of products to sell and scale the business to reach more people. Since d.light provides financed payment solutions for its customers, more liquidity will allow for more flexibility and stability. Kiva is helping d.light distribute more products and put them into customers' hands, and thus helping them obtain access to energy through the financed model.
Repayment Performance on Kiva
This Lending Partner | All Kiva Partners | ||
Start Date On Kiva | Apr 30, 2020 | Oct 12, 2005 | |
---|---|---|---|
Total Loans | $3,250,000 | $2,046,857,240 | |
Amount of raised Inactive loans | $0 | $329,125 | |
Number of raised Inactive loans | 0 | 224 | |
Amount of Paying Back Loans | $600,000 | $154,628,025 | |
Number of Paying Back Loans | 7 | 186,271 | |
Amount of Ended Loans | $2,650,000 | $1,851,013,910 | |
Number of Ended Loans | 31 | 2,491,542 | |
Delinquency Rate | 8.33% | 12.11% | |
Amount in Arrears | $50,000 | $11,277,316 | |
Outstanding Portfolio | $600,000 | $93,149,537 | |
Number of Loans Delinquent | 1 | 54,545 | |
Default Rate | 0.38% | 1.82% | |
Amount of Ended Loans Defaulted | $10,000 | $33,742,451 | |
Number of Ended Loans Defaulted | 1 | 88,997 | |
Currency Exchange Loss Rate | 0.00% | 0.47% | |
Amount of Currency Exchange Loss | $0 | $12,725,634 | |
Refund Rate | 3.08% | 0.53% | |
Amount of Refunded Loans | $100,000 | $10,938,345 | |
Number of Refunded Loans | 1 | 9,670 |
Loan Characteristics On Kiva
This Lending Partner | All Kiva Partners | ||
Loans to Women Borrowers | 48.78% | 78.48% | |
---|---|---|---|
Average Loan Size | $85,897 | $393 | |
Average Individual Loan Size | $85,897 | $586 | |
Average Group Loan Size | $0 | $1,910 | |
Average number of borrowers per group | 0 | 8.3 | |
Average GDP per capita (PPP) in local country | $10,800 | $5,593 | |
Average Loan Size / GDP per capita (PPP) | 795.35% | 7.02% | |
Average Time to Fund a Loan | 9.48 days | 9.12 days | |
Average Dollars Raised Per Day Per Loan | $9,060.48 | $43.09 | |
Average Loan Term | 6.02 months | 11.5 months |
Journaling Performance on Kiva
This Lending Partner | All Kiva Partners | ||
Total Journals | 31 | 1,221,186 | |
---|---|---|---|
Journaling Rate | 69.70% | 41.91% | |
Average Number of Comments Per Journal | 0.00 | 0.02 | |
Average Number of Recommendations Per Journal | 0.00 | 0.55 |
Borrowing Cost Comparison (based on 2009 data)
This Lending Partner | Median for MFI's in Country | All Kiva Partners | ||
Average Cost to Borrower | N/A | N/A | 26.44% PY | |
---|---|---|---|---|
Profitability (return on assets) | -14.78% | N/A | -1.28% | |
Average Loan Size (% of per capita income) | N/A | N/A | 0.00% |
Country Fast Facts
- Country:
- Namibia
- Capital:
- Windhoek
- Official Language:
- Oshiwambo languages 48.9%, Nama/Damara 11.3%, Afrikaans 10.4%, Otjiherero languages 8.6%, Kavango languages 8.5%, Caprivi languages 4.8%, English (official) 3.4%, other African languages 2.3%, other 1.7%
- Population:
- 2,198,406
- Avg Annual Income:
- $10,800
- Labor Force:
- agriculture: 16.3%, industry: 22.4%, services: 61.3%
- Population Below Poverty Line:
- 28.70%
- Literacy Rate:
- 81.90%
- Infant Mortality Rate (per 1000):
- 45.64 deaths
- Life Expectancy:
- 63.28 years
Lending Partner Staff
Binagwaho GakunjuAnshul Gaur
Olivier Motard