Solar Lights

  

 

iiicon SOLR

 

By the Numbers

 

CUMULATIVE FROM 2013 TO MARCH 31, 2017:

 

$6.8M Capital Deployed
9 Partners

 

CALENDAR YEAR 2016:

 

$2.85M Capital Deployed
6 Partners
1.8M Units Sold

 

Improving Economic Position and Quality of Life

Roughly 1.2 billion people worldwide have no access to electricity and spend an estimated $27 billion annually on dangerous alternatives such as kerosene lamps, candles and car batteries.

Global Partnerships (GP) invests in manufacturers and distributors that provide households living beyond the grid with access to solar lights and small solar home systems.

 

Who is Served?
The target demographic is beyond the grid populations, many of whom are also living on less than $3.10/day.

What is Delivered?
• Solar lights
• Solar lights with mobile charging
• Small solar home systems

Why is it Impactful?
Household economics and quality of life improve as clients see:
• Reductions in fuel and phone charging costs
• Increased productivity
• Decreased smoke from kerosene
• Increased study time for their children

How is it Sustained?
The client pays for the product upfront or through a pay-as-you-go model. Once paid off, the solar light products create savings compared to ongoing spending on kerosene or candles.