Learn about how SunFunder is helping solve one of the world's most pressing problems; energy poverty.

1. March 2013
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Photo Credit: Angaza Design

2. Problem
1.5 billion living without
electricity, spend 25-30% of their
income on dirty energy*
600 million with cellphones but no
convenient way to charge them
*Kerosene claims the lives of 1.5 million
people, mostly women, every year
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3. Opportunity
• Abundant solar power and huge demand
exist in developing & emerging markets
• Technology is now affordable
• Solar entrepreneurs are solving
distribution and end-user payment
challenges for off-grid communities
Photo by SolarAid
• However, without access to finance
these companies can’t grow their
businesses and scale their impact
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4. Let’s finance the off-grid solar revolution ourselves!
Our Solution:
1 2
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Build a simple Meet solar
Post these projects
crowdlending companies, conduct
and their impact on
platform & amazing due diligence and
www.sunfunder.com
community select great projects
6 5 4
Together, empower Update & repay our Get these projects
millions of lives community as fully funded and
with access to solar partners implement facilitate loans to
energy! projects our solar partners
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5. Types of solar projects
Lights & phone charging PV systems for homes, schools, hospitals
Cell phone towers Micro-grids
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6. Need for short-term financing in
developing country markets
Companies need
affordable, short-
term, working capital &
project finance loans.
Banks:
• Prohibitive criteria
• High interest rates (15-30%)
• Uninterested
SunFunder
• Relationship oriented
• All-in financing cost: 8 – 12%
Photo by World Bank
• Access to a community
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7. A small team fueled by a big mission
Catalyze $1 billion into off-grid solar projects and
empower more than 150 million lives by 2020
Ryan Levinson Audrey Desiderato Sameer Halai Cindy Nawilis Fredys Romero
Founder & CEO Co-Founder & Solar Product Lead Community Platform Engineer
Partnerships Engagement
• Previously VP solar • Previously E+Co • Previously IBM, • Software engineer,
project Fellow & energy Microsoft Fuse • Previously with Linux/ PHP guru
investments, Wells analyst Labs Kopernik and TEDx • Founder of Beitech
Fargo • Founding team • UX Director at
• Led $500m inv. in member at GOOD Limeade
150+ projects
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8. What we’ve done so far…
• Launched 5 solar projects with 3 partners
• Catalyzed $70,000 in loans to high-impact off-grid solar projects
• Solar empowerment for more than 20,000 people
• Developed an exciting project pipeline for 2013
• Built a
talented, passionate &
diverse team
• Hub Ventures Spring
2013 Cohort
• Won Facebook/
Cleantech Goes Social
Contest
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9. Due diligence framework
(how we select and vet partners)
Risk Factors Due Diligence Coverage
Project  Developer track record, staff capacity
dev’t/completion risk  Key supplier/distributor relationships in place to execute
 Proven sales/direct finance model
Developer financial  Financial health metrics: Liquidity & DSCR, Profitability, Leverage, FX exposure
risk  Past repayment track record
 Availability of guarantees, security deposits
End user  Appropriate price point & customers incentivized to pay
repayment/credit risk  Robust collection & repayment tracking systems
Technology risk  Technology track record
 Manufacturer warranties and/or guarantees
 Robust in-field O&M support provided after sales
International  Avoid countries with legal complications for foreign lending or unacceptable
political/currency risk debt collection laws
 Stress-test on financial health metrics under negative currency movement
scenarios
P.S. We combined best practices from Kiva, E+Co and Wells Fargo Environmental Finance
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10. Advisors & Partners
ADVISORS PARTNERS
Phil LaRocco Founder of E+Co
Pro bono legal support:
Tonio DeSorrento Financial securities lawyer
Roma Jhaveri Managed Kiva platform &
systems Matching Fund:
Joe Kastner Founder of MMA Renewable
Ventures
Tim Hassett Led Kiva’s field partner Spring 2013 Cohort:
relationships
Athena Leads energy access at WRI
Ballesteros
Barry Neal EVP Wells Fargo Winner:
Environmental finance
Craig Kline Solar project finance lawyer
(Facebook & Cleantech Goes Social Contest)

11. Thank you!
For more information on SunFunder please contact:
Ryan Levinson
ryan.levinson@sunfunder.com
Audrey Desiderato
audrey.desiderato@sunfunder.com