Help SunnyMoney keep up with high solar demand and fund lighting for 6,700 people
SunFunder teams up again with SunnyMoney following the success of the first project in Copperbelt district of Zambia. This project will help ensure their inventory of solar lights keeps up with rising demand.
Sales will take place at schools through SunnyMoney's solar schools campaign, where students and families are more likely to purchase a solar light than through other retail means. The SunnyMoney Zambia team recognizes that the opportunity for solar empowerment is huge in the Copperbelt district. In the city of Ndola alone, over 60,000 students could benefit from solar lights. The number of Copperbelt schools that want to participate in the solar schools campaign is increasing rapidly, hence the need to stock up on solar lights before May.
SunnyMoney will use the additional $20,000 loan to supply another 1,232 solar lights that will impact the lives of 6,776 more people.
The project impact will be monitored and reported to funders through regular email updates. The estimated annual impact is expected to be:
*Once a family has invested in their solar light, they free up a large chunk of their weekly income, which can be spent on other necessities such as food, health and education.
In neighboring countries to Zambia, SolarAid's impact research findings show the following types of improvement in well-being after switching to solar:
As for improvements from solar powered mobile phone charging:
Through our partnership, SunFunder and SunnyMoney will extend these same benefits and more to rural communities in Zambia.
SunnyMoney business overview
SolarAid’s operational model creates a sustainable market for solar products that revolves around a network of associated local dealers under the SunnyMoney brand. SunnyMoney local representatives provide customer support and after sales maintenance so that customers have access to new products and can utilize their warranties when necessary.
With this market based approach, SunnyMoney in Zambia sold four times as many solar lights in 2012 as in 2011. In January 2013 alone, the Zambia team sold 1,007 solar lights.
Photo Credit: Steve Woodward
SunnyMoney will distribute two types of products in this project:
1. S1 by d.light. The d.light S1 provides up to 4 hours of light on a full day's charge and uses highly efficient LEDs. It provides focused lighting that can be easily oriented in any direction, and is ideal for studying or working.
2. Sun King Pro by Greenlight Planet. Provides 15 hours of light on a single day's charge. It is two times brighter than a typical kerosene lantern and includes a mobile phone charging port.
By 146 People
$0 to go
out of $20,000 Target
SunnyMoney is a social enterprise that sells quality solar lights in Malawi, Zambia, Kenya and Tanzania, reducing reliance on expensive, poor quality fuels such as kerosene and disposable, short life batteries.
SunnyMoney is a subsidiary of SolarAid, a UK-based charity that intends to eliminate the kerosene lamp from Africa by distributing affordable solar energy products that improve users’ lives and health. Founded in 2006 by solar industry experts, SolarAid and its partners have sold almost 150,000 lights operating in Zambia, Kenya, Malawi, and Tanzania with expansions planned in the coming years.
Term: 12 months
Payment dates: Quarterly
Interest rate: Principal repayment only
Impact points: Equivalent to 3.5% annual interest
The solar technology will be deployed in Copperbelt, which is situated on the border of DRC and Zambia, north of Lusaka. Although Copperbelt is a relative centre of wealth through the mining industry, the riches aren’t translated for everyday rural Zambians. Over 55% percent of people in this region lack access to electricity, and instead use kerosene, candles, diesel and open fire.