There are currently 1.3 billion people world-wide that live in energy poverty, nearly 20% of the world’s population. Energy poverty exists where households and communities lack access to electricity, heat and other forms of power. Without access to modern energy, many households rely upon kerosene lamps for lighting; an expensive and dangerous fuel.
Affordable energy for the majority world
Energy is important not only for providing light and heat, but also for building the fundamentals of healthcare, sanitation and industry. It forms the foundation of development. Our mission is to support communities to acquire basic energy infrastructure, to own and manage their own their power production.To make this happen, we will bring together business angel investors and communities in emerging markets. Focused on the end to end process, Village Infrastructure will offer 1-3 year energy loans to finance poverty alleviating infrastructure for villages.
Via Daniel LaLiberte