MozambiqueSolarWorks! 11
With EUR 1,850 around 2 households will be able to install a Solar Home system and get access to clean energy.
€1,850
5.50%
36 months
6 months
EUR
Currency| Amount | €1,850 |
| Interest | 5.50% |
| Maturity | 36 months |
| Repayments | 6 months |
| Currency | EUR |
The project
Lendahand invests 2% in SIDA projects (skin in the game).
| Company name | SolarWorks! |
| CEO | Arnoud de Vroomen |
| Founded | 2008-01-01 |
| Location | Maputo |
| Sector | Sustainable energy projects |
| Turnover | €683,292 |
| Employees | 150 |
Impact
SolarWorks! offers affordable solar home systems to families and companies in off-grid areas in Mozambique, where over 80% of the 29 million inhabitants don’t have access to energy. The arrival of electricity in a neighborhood has multiple positive impacts on the local economy and community. Lighting extends opening hours of shops, which results in increased wages. It improves security at night and allows children to study after dusk to obtain better results at school.
Electricity also provides people access to information through radios and to communication thanks to their charged mobile phones. A solar home system avoids the use of toxic fuels like kerosene and wood, which are harmful to health and cause respiratory problems due to their fumes. Within the company, 95% of their employees are locals, and they aim for a 50/50 gender mix.
SDG’s impacted
With this project you are contributing to the following Sustainable Development Goals:
SDG 1. No Poverty
SDG 7. Affordable and clean energy
SDG 13. Climate change
Read more about the impact you can make through our platform and the SDGs on our impact page.
- With this investment 1 jobs are created
- With this investment 8 lives are improved
- With this investment 2 solar home systems are installed
- With this investment 2 tons of CO2 are reduced