Webinar 3 | May-16 | Off-Grid Energy Solutions and Social Impact
Webinar 3 | May-16 | Off-Grid Energy Solutions and Social Impact
By Deepak Kumar "Business models for off-grid energy remain one of the most fascinating–and challenging–topics, particularly for entrepreneurs working in the developing world. In this webinar, we will hear from several entrepreneurs who each have a unique approach to building a business while also making a social impact in India, East and West Africa, and South America. From energising clinics and schools to providing last mile micro-finance to creating hydro power and irrigation in remote communities, each speaker will tell a compelling story about their company’s business model. What has worked? And what hasn’t? Our webinar series is a little different: each expert will speak for less than 10 minutes and will focus on their on-the-ground experience using photos to tell their story." http://e4sv.org/events/energy-entrepreneurs-business-models-for-off-grid-energy-and-social-impact/
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Webinar 3 | May-16 | Off-Grid Energy Solutions and Social Impact
- 1. Off-Grid Energy Solutions and Social Impact Deepak Kumar Cofounder and CTO
- 2. Problem • 1.2 billion people, around 22% of the global population, do not have access to electricity. • India currently has 77 million households (about 360 million people) who lack adequate access to grid- electricity. • Across the world people living off the grid spend about $27 Billion annually on basic energy needs. • Majority of people living off-grid have a daily income < $2
- 4. Social Investment Platform • Crowdlending to provide convenient and hassle free loans to our end customers from BOP segment. • Connects individual social investors with curated clean energy projects and credit worthy borrowers willing to adopt clean energy technology.
- 6. Distribution Network • Hub and spoke distribution model • Community involvement • Village level entrepreneurs • Field coordinators, technical team, service and support team all recruited from local communities.
- 7. Solar technicians from local communities
- 8. Credit Appraisal process for energy loans
- 9. Challenges and Learning • Why full stack ? • Focus on execution • Growth Vs Sustainability? • Stake holder management
- 10. Thank You Contact - deepak@lytyfy.org