Solar Kasolwe Cooperative
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https://goparity.com/projects/solar-kasolwe-cooperative-134-264e0

Solar Kasolwe Cooperative

Solar energy for a dairy cooperative in Uganda.
Resumen de la inversión
Categoría de impacto
Energía sostenible
Tipo de inversión
Préstamo
Interés anual
7
%
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-kasolwe-cooperative-134-264e0

Descripción
Impacto
Viabilidad financiera
Promotor

With more than 8 years of experience in the renewable energy sector, the SolarPipo group is a Dutch company aiming 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 Kasolwe Cooperative in Kamuli District, Uganda. The Kasolwe Cooperative was founded in 1968 with 110 members, which owned in total around 130 cows. Currently, it has 400 members (four of these are part of the board) who own in total more than 700 dairy cows, 412 actively producing milk. On top of this, it provides services to over 360 other non-cooperative farmers, who despite not being members enjoy the umbrella and security provided by the cooperative, which helps them sell the milk to the same bulk buyers at a fair price. 

The funds raised through this campaign will be used to replace a diesel generator for a 11,88kW solar power plant (reducing diesel consumption to zero) and the acquisition of a battery rack (67,2 kWh). By recurring to clean energy, the current cost of cooling the milk will decrease, making the energy more affordable to cooperative milk producers.

¿Cuál es el impacto?

Direct:

  • No diesel consumption: The switch to solar energy will allow the cooperative to run on clean energy only, eliminating the diesel consumption – a reduction of 3,800 liters a year that will avoid the emission of 10.2 tons of CO2/year.
  • Better working conditions: by increasing the lighting around the plant with external safety lights, the cooperative members will have longer operation hours especially loading milk to the buyers’ trucks during late evenings. The installer will install 3 street lighting modules at the facility at no extra cost.
  • Greater financial autonomy: the cooperative currently has 400 members and over 360 non-cooperative farmers termed as “out producers”, with a combined labor force of around 1520 people that will be positively affected by this project. Milk producers will get better income as a result of increased reliability in storage and supply knowing milk won’t go bad and fetching a better price with milk processors.
  • More gender equality: the cooperative plans to bring on women to leadership positions and has set itself a target of the gender balance of at least 40% of the core management positions being taken up by women by 2023. 
  • Job generation: It is projected that with this solar cooling project, the cooperative operation hours will be increased and so will the volume of milk which will create extra job positions. In the long term, this will spur it to micro processing of the milk to make products like yogurt which will create over 800 direct and indirect jobs at the farms, shops, and processing plant.
  • Impact on the local community: with the increase in job creation, stable supply of milk, there will be a trickledown effect on the local community whether it is tackling malnutrition or education access with parents now better equipped to pay for school fees.
  • Reduction of the milk waste: Estimates point to 10% of all milk production in Kasolwe being wasted due to lack of timely cooling. Solar coolers are reliable and can provide consistent cold storage for areas with no or unreliable energy access, offering significant impact potential on reduction of the milk waste to minimal levels.

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.

Indicadores de impacto

10200
Kg
CO2 avoided per year
800
jobs
created by our projects
1520
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

5750000

Mínimo

5750000

Objetivo

5750000

Máximo

Project location
Kamuli District, Uganda
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