Provide financing for solar lighting and cell phone charging for 500 people
By 62 People
$0 to go
out of $4,000 Target
Hybrid Social Solutions Inc. (HSSi) is a social distribution company that provides those in need with high-quality and affordable solutions to problems of access. They distribute products, educate users and ensure service in order to improve lives and generate lasting change. HSSi’s distribution network is built around relationships with partner organizations. They have formed strategic partnerships with socially-oriented inventors and manufacturers who create innovative products designed to address the needs of off-grid communities. NGOs, corporate supporters and volunteers help them broaden and deepen their impact through outreach events coordinated with the Stiftung Solar Energy Foundation.
Term: 9 months
Payment dates: Monthly
Interest rate: Principal repayment only
Impact points*: Equivalent to 3.5% annual interest
This project is fully repaid as of May 2013!
At least 20 million Filipino live without access to electricity, roughly 20% of the total population. More than 17 million drink unsafe water, and more children under the age of 5 die from indoor air pollution than any other disease.
The islands of Palawan are a gorgeous expanse in southwestern Luzon. However, nearly half of all families in Palawan lack access to electricity, a total population of roughly 500,000. In many municipalities, including Taytay and El Nido, the situation is quite a bit worse, with over 90% of villages lacking access to electricity.