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funding gap emerging markets
Mozambique

SolarWorks! 17

  • SolarWorks!
  • Investir dans une entreprise
  • + 42 autres investisseurs
  • With a loan of EUR 16,750 SolarWorks! will be able to provide 80 Solar Home Systems to companies and families in Mozambique.

    €16 750
    Montant
    8,50%
    Intérêt
    24 mois
    Maturité
    6 mois
    Remboursements
    EUR
    Devise
    Montant€16 750
    Intérêt8,50%
    Maturité24 mois
    Remboursements6 mois
    DeviseEUR
      100%
      Entièrement financé en 5 minutes sur 28 Octobre 2020.

      Le projet

      Warning

      In the coming period there are different conditions for this partner. 

      • The interest rate has been temporarily increased by 0,5 percentage point to accommodate the growing uncertainty associated with COVID-19.
      • In addition, this investee is allowed - provided they continue to comply with the applicable covenants - to refinance future repayments to Lendahand investors with the funds raised from this project.
      • Repayments occur after 12, 18 and 24 months, not after 6 months.

      SolarWorks! was founded in 2008 by industrial designer Bernard Hulshof and econometric Arnoud de Vroomen. The SolarWorks! development centre is based at the incubator of the University of Technology in Delft (The Netherlands). Here products design and R&D is conducted. The distribution of the Solar Home Systems is done in Mozambique, where over 80% of the 29 million inhabitants do not have access to electricity. Mozambique is an untapped market with fast growing mobile money penetration which is an important driver behind the fast growing sales of Pay As You Go sales.

      Arnoud de Vroomen is CEO of the company. He worked several years at Unilever and has been the director of Lemnis Solar. SolarWorks! also has a sales office in Johannesburg.

      With a loan SolarWorks will be able to provide Solar Home Systems to companies and families in Mozambique.

      Information document of the issuing company (NL)

      Information note of the issuing company (BE)

      Nom de l’entrepriseSolarWorks!
      PDGArnoud de Vroomen
      Création2008-01-01
      LieuMaputo
      SecteurProjets d'énergie durable
      Chiffre d'affaires€2 800 000
      Employés150

      Impact

      SolarWorks! offers affordable solar home systems to families and companies in off-grid areas in Mozambique, where over 80% of the 29 million inhabitants don’t have access to energy. The arrival of electricity in a neighborhood has multiple positive impacts on the local economy and community. Lighting extends opening hours of shops, which results in increased wages. It improves security at night and allows children to study after dusk to obtain better results at school. 

      Electricity also provides people access to information through radios and to communication thanks to their charged mobile phones. A solar home system avoids the use of toxic fuels like kerosene and wood, which are harmful to health and cause respiratory problems due to their fumes. Within the company, 95% of their employees are locals, and they aim for a 50/50 gender mix.

       

      SDG’s impacted

      With this project you are contributing to the following Sustainable Development Goals:

      SDG 1. No Poverty

      SDG 7. Affordable and clean energy

      SDG 13. Climate change

      Read more about the impact you can make through our platform and the SDGs on our impact page.

      • Grâce à cet investissement 5 emplois sont créés
      • Avec cet investissement 400 sont améliorées
      • Grâce à cet investissement 80 systèmes solaires sont installés
      • Grâce à cet investissement 88 tonnes de CO2 sont évitées

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      Nous avons déjà contribué à SolarWorks! 17

      Peter Boot
      Anneloes Gerritsen
      Roger Klaver
      Edwin Tofield
      M. Fleuren
      + et autre
      42
      investisseurs