Posts Tagged ‘entrepreneurs’

27 May

First Solar Loan At Kiva Was Fully Funded Within Ten Days! Hip! Hip! Hurray!!!!

Share

Dear Readers, Friends, and Fellow Solar Enthusiasts,

(Please click onred linksbelow)

It is my greatest pleasure to inform you that the first 100% Solar business loan (for micro Solar Lighting Kits in Tanzania) at Kiva and also the biggest loan ($49525)at Kiva EVER (thusfar) became fully funded within ten days after its listing! A great round of applause for all of you (1034 lenders from all corners of the planet earth)who have participated: thank you to my friends and readers at Kiva, Facebook, Twitter, Sunisthefuture, etc. This has given us great hope for potential future solar entrepreneurs throughout the planet earth. This has clearly demonstrated to us that individuals, regardless how much each and/or any of us has in asset, we can combine our effort cooperatively across the globe to light up our planet using Sun’s Energy. We will look forward to helping more solar entrepreneurs to stand on his/her/their own two feet in spreading the sunshine across our planet earth. At this point, I’d like to share a celebratory tune by the Beatles to thank you–Here Comes The Sun, with all of you….

~have a bright and sunny day~

Gathered, written, and posted by sunisthefuture-Susan Sun Nunamaker

Any comments and suggestions are welcomed at sunisthefuture@gmail.com

Please also get into the habit of checking at these sites below for more on solar energy topics:

www.sunisthefuture.net

www.youtube.com/user/sunisthefuture

www.kiva.org/team/sunisthefuture

www.facebook.com/sunisthefuture

www.pinterest.com/sunisthefuture

HTML adl

Google+

Share
18 May

First Big Solar Loan At Kiva-Micro Solar Lighting Kits at Tanzania-Watu na Nuru (Light for the People)

Share

Dear Readers,

(Please click onred linksbelow)

If you are in favor of renewable,  clean, or solar energy, please sign this petition for FIT/CLEAN Program, accessible at http://sunisthefuture.net/?page_id=1065 Thank you very much.

——————————————————————————————————————————————————————

Dear Friends & Readers of Sun Is The Future,

Last I checked, you come from 144 countries on this planet earth.  Some of you have wanted to make donations to Sun Is The Future (http://sunisthefuture.net). But at the moment, since its non-profit status had not yet been officially established, I would recommend that any one who wants to take part in contributing to the earthly transition/movement toward solar energy to become a lender at Kiva (it can start from as little as $25. If you are a new Kiva lender, you can take advantage of the free trial use of free $25 to join Kiva and Sunisthefuture Team at Kiva) by specifically gearing toward the largest Solar Loan EVER at Kiva: Loan 426323 from Tanzania by Martin. But keep in mind that this is not for charity but for lending to small entrepreneurs in Tanzania. Martin needs our help to complete funding this loan. Let’s give him a hand!

Many of you may have been aware of the posts I’ve written not only about solar energy, but also about Kiva, the microfinance online institution (www.kiva.org) intended to help small entrepreneurs from all over our globe to succeed in establishing small businesses.  Therefore, it is my greatest pleasure to be given the opportunity in being a catalytic component in the marriage between the two (Kiva & Solar Energy).  I’ve become a member of Kiva for a while and even started the Sunisthefuture Team at Kiva (http://www.kiva.org/team/sunisthefuture), but this is the first month that the biggest solar business loan ($49,525) EVER at Kiva appeared. In Tanzania, 5 out of 6 people have no access to electricity. People often rely on potentially harmful fuels to light their homes.   Martin works with Barefoot Power in Tanzania to help low income families to break their dependency on harmful, expensive, and inefficient light sources by offering them safer, cheaper, cleaner, options through solar lighting kits.  This is a loan from Tanzania for Martin to buy stock of micro-solar lighting kits from Barefoot Power.  I invite you all to take a look at what this Kiva  loan 426323 of Martin is about:

Martin works for Watu na Nuru, a Barefoot Power distributor in Tanzania. This is his story, below, in his own words:

I have been working in Tanzania with my wife for two years now, and we have been using our previous experiences to help in the development of education and business. We have left two grown-up children to their own careers in the UK. One of the first things that struck me was the limited use of solar power for a country with such a huge amount of sunshine. This was particularly noticeable coming from the UK! When we saw that people were using homemade kerosene lamps at night we felt there had to be an opportunity to make solar lights more widely available. A large part of my work for the Anglican Church was starting a wholesale business to import and distribute solar lights to micro-entrepreneurs and small businesses who want to sell them in villages. Over 80% of Tanzanians have no access to mains electricity and they use dangerous, unhealthy and costly kerosene lamps as their main source of lighting, so there is a huge market for affordable, quality micro-solar kits. Watu na Nuru, which means “Light for the People” in Swahili, is the name of a growing collection of businesses established with the support of the Anglican Church of Tanzania, with the aim of making high-quality, affordable solar lighting kits available to rural communities.

Watu na Nuru needs to have sufficient quantities of the right products at the best time of year (when farmers bring in their harvest). We need funds to ensure product is available when people are ready to buy it. When we are not selling product we provide training and technical support to retailers. We have developed a partnership with Barefoot Power Australia, who make what we believe are the best micro-solar systems on the market. My greatest challenge in this role is to get the right quantity of stock and spares to support the growing business. Your loan will support our stock so that more village entrepreneurs can sell these lighting solutions. My favourite part of this job is seeing a first order of product heading off for a distant part of the country to one of our small retailers just starting a new business.

If you should be interested in helping Martin in lighting Tanzania or helping various entrepreneurs throughout our planet earth (including USA) to become self-sufficient while spreading solar energy use, please feel free to use the free trial $25 at Kiva (remember Kiva is not a charity organization, so you will get the $25 back and can relend it to other entrepreneurs. remember Martin’s loan is 426323) by visiting:

http://www.kiva.org/invitedby/susansun9682

You are also welcome to join us on the Sunisthefuture Team at Kiva !


~have a bright and sunny day~

Gathered, written, and posted by sunisthefuture-Susan Sun Nunamaker

Any comments and suggestions are welcomed at sunisthefuture@gmail.com

Please also get into the habit of checking at these sites below for more on solar energy topics:

www.sunisthefuture.net

www.youtube.com/user/sunisthefuture

www.kiva.org/team/sunisthefuture

www.facebook.com/sunisthefuture

www.pinterest.com/sunisthefuture

HTML adl

Google+

Share
1 January

Be Happy Through Kiva-Microfinance/Microfunds for Green or Solar and Renewable Energy Entrepreneurs

Share


Dear Readers,

If you are in favor of renewable,  clean, or solar energy, please sign this petition for FIT/CLEAN Program, accessible at http://sunisthefuture.net/?page_id=1065 Thank you very much.
——————————————————————————————————————————————————————–

Dear Friends & Readers,

Thank you for your words of support and encouragement.  I promise that I will be bringing forth much more on solar energy in the year 2012.

We are living in such a dynamic period in our human history, with the wind of changes spurred by communication technology and exponential growth of human ideas ready to be tested and challenged.  If Charles Dickens were still alive, I am sure that he would not  hesitate to reuse his famous lines in A Tale of Two Cities:

“It was the best of times, it was the worst of times; it was the age of wisdom, it was the age of foolishness; it was the epoch of belief, it was the epoch of incredulity; it was the season of Light, it was the season of Darkness; it was the spring of hope, it was the winter of despair; we had everything before us, we had nothing before us”

Even though we here in US and planet earth are confronting with much difficult problems, I looked around and see/read/hear that so many conscientious individuals are genuinely interested in helping  others and actively participating in finding solutions to our world’s problems.  I would just like to take the opportunity in sharing a few of these  solutions in this new 2012, hopefully you will find it in your hearts to also reach out to others through these solutions.

The first one I would like to share is Kiva (at kiva.org) .  Kiva Microfunds is an organization that allows people to lend money via the internet to microfinance institutions in developing countries of planet earth and in the United States, which in turn lend the money to small business and students.  It is a 501 non-profit organization headquartered in San Francisco, supported by loans and donations from its users and through partnerships with businesses and other institutions.  Kiva itself does not charge any interest;the loans made by Kiva members are passed interest-free to the independent field partner indicated for each loan.  These interest rates are disclosed and are discussed in the relevant section on the Kiva website.  Kiva’s lending process,  in wikipedia, is described below:

Kiva allows microfinance institutions around the world, called “Field Partners”, to post profiles of qualified local entrepreneurs on its website, www.kiva.org. Lenders browse and choose an entrepreneur they wish to fund. Kiva aggregates loan capital from individual lenders and transfers it to the appropriate Field Partners to disperse to the entrepreneur chosen by the lender. As the entrepreneurs repay their loans, the Field Partners remit funds back to Kiva. As the loan is repaid, the Kiva lenders can withdraw their principal or re-lend it to another entrepreneur.


 
Lenders’ funds are transferred to Kiva through PayPal, which does not collect its usual fees in this case. It is possible to pay by credit card through PayPal’s website, even without a PayPal account, but a PayPal account is needed to withdraw funds. Field Partners charge interest to their borrowers, although Kiva claims to keep track of how much interest is charged and will not work with those charging unfair interest rates. Kiva lenders do not receive any interest because Kiva is not registered with the US Government as a broker. When Kiva began, lenders chose who could borrow their money. Since then, the system has changed, so that loans are disbursed to borrowers before their stories are posted to Kiva‘s website. This is disclosed on Kiva‘s site; each loan proposal states whether funds were pre-disbursed. Thus, lenders‘ loan funds are likely to go to borrowers other than those chosen by the lenders. Whether lenders‘ preferences are used for lender preference trend analysis by any field partners or Kiva is not stated. Kiva‘s response has been to keep pre-disbursing but be clearer about the process.

As of August 12, 2011, Kiva has distributed $233,493,400 in loans from 614,671 lenders. A total of 309,076 loans have been funded. The average loan size is $384.39. Its current repayment rate is 98.79%. According to Alexa, Kiva’s website ranks in the top 15,000 websites on the Internet. The total costs of running Kiva in 2008 totaled $4.7M. During 2008, the user base released about $37M to low-income entrepreneurs listed on the Kiva website. So, for every dollar spent on operations, Kiva lenders sent about $8 for loans.

Now, you might wonder why is Kiva showing up in http://sunisthefuture.net ?  When I first learned of Kiva and contacted the organization to inquire if there is a category for renewable energy, the wonderful Molly Lynch at Kiva informed me that a very small number of green loans (in the form of loans that reduce waste and pollution or in recycling  used materials) had been posted over the years.  But there are so few of them that they are always quickly funded.  Now, here at  Sun Is The Future I would like to be able to help Kiva to have  more entrepreneurs/loans in the category/ATTRIBUTES under Green (in the form of more solar businesses/ entrepreneurs/loans ).  I would like to ask all of you who are reading Sun Is The Future to help in spreading the words of Kiva and sharing different business ideas for solar energy, regardless where you are in/on planet earth.  This is a fantastic opportunity for all of us Earthlings to participate in transitioning into our next stage in history, into the renewable energy age, by helping one another, via microfinancing, to develop various small  businesses needed throughout planet earth in preparation for renewable/solar energy age.  So what if the political structure is too slow to change… so what if the banking industry is difficult to deal with… so what if you are currently unemployed…. So long as you/we do not sit idly by, we can pull our resources and brain powers together to help one another in starting small businesses in solar or renewable energy.  Not only will we be able to help stimulate small business development, but we will be able to help solve problems in energy, pollution, and prevention of wars among nations.  This is an interest not only in developing countries, but in developed countries throughout planet earth.  I urge you all to write me at sunisthefuture@gmail.com with business ideas, products, and questions. I will try to develop the format of a forum shortly. I urge you to go to www.kiva.org with your solar business ideas/plans and become a solar entrepreneur so those  who are interested in helping Green businesses will have opportunity to become Green Lenders. Please check back frequently for more on forum that will be developed shortly.

~have a bright and sunny day~

written and posted by sunisthefuture-Susan Sun Nunamaker, sunisthefuture@gmail.com

Homepage:  http://sunisthefuture.net

Any comments and suggestions are welcomed at sunisthefuture@gmail.com

Please also get into the habit of checking at these sites below for more on solar energy topics:

www.sunisthefuture.net

www.youtube.com/user/sunisthefuture

www.kiva.org/team/sunisthefuture

www.facebook.com/sunisthefuture

www.pinterest.com/sunisthefuture

HTML adl

Google+

Share

Copyright © 2011-2018 · Susan Sun Nunamaker All Rights Reserved · Sunisthefuture.net