Solar Cooperative Uganda
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https://goparity.com/projects/solar-cooperative-uganda-84-a92b7

Solar Cooperative Uganda

Solar energy for a dairy cooperative in Uganda.
Resumen de la inversión
Categoría de impacto
Energía sostenible
Tipo de inversión
Préstamo
Interés anual
7.5
%
Plazo
60
meses
Nivel de riesgo
La clasificación de riesgo es el resultado de nuestra evaluación de riesgo de crédito, que analiza la solidez financiera del promotor y la viabilidad del proyecto. Se muestra de A+ (riesgo más bajo) a D (riesgo más alto) y te ayuda a comparar proyectos y tomar decisiones informadas.
A
D
C+

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https://goparity.com/projects/solar-cooperative-uganda-84-a92b7

Descripción
Impacto
Viabilidad financiera
Promotor

With more than 8 years of experience in the renewable energy sector, the SolarPipo group is a one-stop-shop partner for solar projects for Uganda’s dairy sector. The company's goal is to unburden the processes of acquiring and installing solar systems for cooling, water pumps, and other productive uses of dairy cooperatives in Uganda.

The funds raised through this campaign will be used to finance a solar energy project at the Baitambogwe Dairy Cooperative in Uganda. The project includes the replacement of a diesel generator by a 15 KVA solar power plant; the acquisition of a 2.000 L milk cooler (voltage 380 V and 1,1KW) powered by solar energy; and the switch to solar energy of a yogurt processing machine currently running on diesel. By recurring to clean energy, the current cost of cooling the milk will decrease, making the energy more affordable to cooperative milk producers.

The Baitambogwe Cooperative started in 2002 as an informal group of small farmers, turning into an association in 2005, with most of its resources being obtained with the support of Heifer International. After this support ended, in 2010, the cooperative subsisted by recurring to membership fees, share capital, animal sales, and milk sales until 2011.

In 2012, the Cooperative was formally funded by 140 members becoming more and more popular among the communities where it operates, over the years.

In 2019, it gained a UGX 20M loan from ECLOF and received a grant of UGX150m from the Private Sector Foundation Uganda.

Currently, with 536 members, the Cooperative’s most relevant product is milk, managing three coolers with a capacity of 80L, 400L, and 1.000L. These freezers are located in the Magamaga town council, being used by milk and yogurt retailers


¿Cuál es el impacto?

This project at the Baitambogwe Dairy Cooperative in Uganda will have a very positive impact on the environment and on the country’s population (on both the producers and the population served by the cooperative).

Environmental Impact

The switch to solar energy will reduce the Cooperative’s diesel consumption by 7.300 liters/year, thus avoiding the emission of 19,3 tons of CO2/year, the equivalent to planting 877 trees.

Social Impact

An estimated 37% of Uganda’s population lives under the poverty threshold of US$1.90 a day. Nevertheless, it is the largest refugee-hosting country in Africa. This project will improve the living conditions of the population served by the cooperative.

  • Better working conditions: by increasing the lighting around the plant with external safety lights, street vendors will manage to work longer hours.
  • Improved children’s health: every year, more than 5.000 people living in Gomba and Mayuge, where the milk is supplied, will benefit from easily available milk with a high nutrition value. This will help tackle children's malnutrition.
  • Greater financial autonomy: the current income earned by milk producers is not enough to give them financial autonomy. The improved energy supply and increased refrigeration capacity will increase the cooperative’s capacity to acquire milk, therefore resulting in an estimated 50 % increase in revenue for its 536 farmers, contributing to their sustainability.
  • More gender equality: the cooperative training for the deployment and use of the solar system will prioritize the 268 women that are cooperative members, therefore supporting women to become decision-makers. Furthermore, 45% of the leadership positions at Baitambogwe Dairy Cooperative are filled by women. Finally, it will also ease the labor burden for the women who currently have to transport milk to distant milk cooling centers.
  • Job generation: by building reliable and sustainable infrastructure, this project will motivate more farmers to take up lucrative dairy businesses in Uganda, hence creating direct and indirect jobs (estimates point to over 1.000). Technical jobs will also be created in the solar sector to trained technicians and local people who will be trained to operate and maintain the solar plants.

Indicadores de impacto

19300
Kg
CO2 avoided per year
14200
KWh
clean energy
1000
jobs
created by our projects
5536
people
impacted

Contribución a los Objetivos de Desarrollo Sostenible

Sobre el promotor

About
SolarPipo Finance B.V.

SolarPipo BV es una compañía fundada en 2017 con base en Amsterdam, Holanda. Sus accionistas están formados por personas nacionales de Uganda y dos compañías holandesas: Rockstart BV y Beehaeve. De forma a poder gestionar mejor los fondos del grupo, el holding creó la entidad financiera SolarPipo BV, que a su vez posee el 100% de la empresa madre, y es responsable de la contratación directa a las cooperativas de Uganda.

El principal objetivo de SolarPipo es facilitar al sector lácteo del país el acceso a energía renovable. La compañía ofrece a sus clientes -mayor parte ganaderos y agricultores- el acceso a una alternativa rentable, fiable y efectiva a los actuales generadores de diesel y conexión a la red. Los servicios que ofrece dan respuesta a toda la cadena de valor del sector: desde la financiación, diseño e instalación del sistema solar hasta la asistencia técnica y mantenimiento del sistema.

El equipo de SolarPipo está compuesto por 5 personas y tiene más de 8 años de experiencia en el sector de las energías renovables, desarrollo de producto y gestión de proyectos, ventas y marketing así como formación y gestión de equipos. Se ha especializado en la gestión de startups enfocadas en el sector de la innovación.

SolarPipo Finance BV fue fundada en abril de 2020 y la mayoría de las acciones pertenecen a sus accionistas holandeses, que tienen en conjunto una experiencia de 60 años, siendo Rockstart quien tiene la experiencia más relevante en emprendimientos y empresas de energía inteligente.

Las cooperativas de productores de leche son un sector empresarial en crecimiento y muy importante (10% de la economía), combinado con las industrias de procesamiento de leche y el transporte necesario para llevar la leche refrigerada de las granjas a los procesadores. Por lo general, los enfriadores de leche utilizan grandes generadores de diesel para la energía. SolarPipo ha identificado una lista de 7 granjeros lecheros que no pueden esperar a dejar de usar los generadores que consumen grandes cantidades de diésel (las cuales pueden escalar fácilmente a cifras significativamente mayores). Además, hay por lo menos 100 cooperativas en la lista de potenciales clientes, pero también numerosas otras partes en la cadena de valor del sector lácteo.

Sitio web del promotor

https://www.solarpipo.com/

Equipo

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Modelo de negocio

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Progreso de la campaña

0%

del objetivo

4800000

Mínimo

4800000

Objetivo

4800000

Máximo

Project location
Uganda
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