Issue:
In Uganda, 85% of the population does not have access to electricity. The majority of households use dirty, expensive and harmful sources of lighting and cooking.
How Enventure fixes it:
Enventure provides business training and coaching to rural SMEs, providing loans to purchase solar products for resale and advanced tools (App for business/ stock management).
Results:
Enventure launched 56 clean energy businesses in 2017, creating 303 jobs, giving over 43,000 people access to clean energy.
This campaign was fully funded with the following results:
– 2 loans were provided to SMEs in rural Uganda
– Investors got 6% on their investments
