Don Roberto, our driver, stomps down on the accelerator but our car continues to roll downhill. We've lost traction on the steep road to El Aguacate, a remote village perched on top of a mountain in Boaco, Nicaragua. We need to get there to interview Maritza, a client of Global Partnerships' partner, MiCrédito. I begin to worry that we won't make it.
In a solar-light illuminated office, Danny Stokley, Green Technology Fund officer, explains why solar lights are important in developing countries.
In Part 2 of our GreenTech series, we discussed the various types of solar products that have emerged to provide lights and other appliances to families living off-grid. Given the impact and strong demand for these products, combined with affordable price points and financing options, why doesn’t every family living off-grid already have a solar panel on their roof?
I’m sorry,” offers Alicia, the co-founder and president of Buen Power, a social enterprise that sells solar products in off-grid communities surrounding Cusco, Peru, “We don’t have any more of that model in stock.”
We hope you'll join us for this year's Business of Hope Luncheon (BOH) on October 8, which will highlight our early-stage Green Technology (GreenTech) work. Your attendance will help support our GreenTech work, which aims to connect families that live in rural, un-electrified areas, with access to affordable energy solutions, such as solar technologies.
MiCrédito is a new Global Partnerships (GP) partner in Nicaragua that aims to connect rural, off-grid populations with access to solar technologies. With technical assistance and funding from GP, as well as new relationships with Nicaraguan solar companies Tecnosol and NicaSolar, the for-profit microfinance institution will begin offering financing for solar products, thus potentially connecting thousands with electricity that they otherwise could not access.