Part four of the largest crowd-investment in off-grid solar ever made. BBOXX are leading the off-grid solar industry with their innovative ‘energy as a service’ model. For the first time this loan will finance products for customers in Rwanda. Sida will provide 30% investment protection for investors in this campaign. TRINE is an investment platform that makes it easy for people to invest in solar energy in growing markets. Investments come with a social, environmental and financial return. Take a look at the campaign page for more details about the loan.
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The TRINE Way 1.2 billion people around the world currently lack access to electricity. TRINE seeks to solve this problem by closing the gap between private capital in developed countries and local solar partners in emerging markets. At TRINE we believe in profit with purpose. Our commitment to this principle stems from TRINE's founding goal: ending energy poverty. We realize that in order to end energy poverty, finding a sustainable long-term solution is key. The for-profit nature of TRINE as a business and our projects as investments means that our projects are economically viable and thereby ensures that together we can have a social and environmental impact in the long run. TRINE-financed projects will reduce CO2 emissions, reduce health costs, increase knowledge levels and reduce poverty. We've seen voting/democratic participation increase due to villagers being able to get accurate and swift information on election dates and locations. New entrepreneurial ventures pop up connected to the introduction of energy in the villages - such as fertilizer production and water sanitation. Today, we have 7 fully funded projects (350k EURO). Our success rate is 100% to-date.
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