Bright Future Ramada
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https://goparity.com/projects/bright-future-ramada-63

Bright Future Ramada

Solar power and efficient lighting in a kindergarten in Portugal
Investment overview
Impact category
Sustainable energy
Investment type
Loan
Yearly interest
4.9
%
Term
84
months
Risk level
The Risk Rating is the result of our credit risk assessment, which looks at the promoter’s financial strength and the project’s viability. It’s shown from A+ (lowest risk) to D (highest risk) and helps you compare projects and make informed decisions.
A
D
B

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https://goparity.com/projects/bright-future-ramada-63

Description
Impact
Financial viability
Promoter

The campaign will be used to fund the installation of solar panels for self-consumption and more efficient lighting in Associação Comunitária Infantil e Juvenil da Ramada (a non-profit institution of social solidarity in Portugal). The solar panels will have an estimated annual production of 21,139 MWh and the installation of a LED system will reduce energy consumption by 63,5% (generating savings of 2.799 kWh).

What is the impact?

Direct:

  • Both the solar panels and the LED system will allow for significant energy savings (total of 23.938 kWh). This will avoid the production of 6 tons of CO2 per year, an equivalent of planting 292 trees.

Impact indicators

4900
Kg
CO2 avoided per year
21100
KWh
clean energy
156
people
impacted

Contribution to the Sustainable Development Goals

About the Promoter

About
Associação Comunitária Infantil e Juvenil da Ramada

Associação Comunitária Infantil e Juvenil da Ramada (A.C.I.J.R.) is a non-profit institution of social solidarity, which since its beginning has been supporting the development and education of children from 3 months old. It was created in 1993, with the aim of promoting solidarity, justice and equality between individuals, and providing social action responses for children, youth and their families. At the moment, the Institution's headquarters consists of seven daycare centres and three pre-school rooms, with capacities for looking after 64 and 74 children respectively. The association has 948 members, 35 employees and welcomes 156 children (in day care and pre-school).

Promoter website

https://acijramada.wixsite.com/acijr

Business Model

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Campaign progress

0%

of target

1740000

Minimum

1740000

Target

1740000

Maximum

Project location
Ramada
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