Solar Buyende Cooperative
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Solar Buyende Cooperative

Solar energy for a dairy cooperative in Uganda.
Investment overview
Impact category
Sustainable energy
Investment type
Loan
Yearly interest
7
%
Term
60
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.
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https://goparity.com/projects/solar-buyende-cooperative-158

Description
Impact
Financial viability
Promoter

What will you be financing?

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 Buyende Cooperative in Buyende District, Uganda. The Buyende Cooperative was founded in 2012 with 25 members, which owned in total around 375 cows. Currently, it has 60 members (who make up the general assembly, the board with three sub-committees (procurement, Finance, and Human resources); Project Management Committees, the secretariat that comprises the Manager and staff. In addition, there is the audit and advisory committee, which was appointed by the general assembly to oversee the board and its committees). The Cooperative owns in total more than 750 dairy cows, 650 actively producing milk. On top of this, it provides services to over 175 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 30kWh solar power plant (reducing diesel consumption to zero) and the acquisition of a battery rack (24kWh). By recurring to clean energy, the current cost of cooling the milk will decrease, making the energy more affordable to cooperative milk producers.

What is the impact?

Direct

  • Clean energy: The solar plant will produce 344,8 MWh per year, allowing the cooperative to run on clean energy only, and eliminating diesel consumption – a reduction of 9.125 liters/year that will avoid the emission of 24.45 tons of CO2 a year, the equivalent of planting 1.111 trees.
  • 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 60 members and over 175 non-cooperative farmers termed as “out producers”, with a combined labor force of around 250 people that will be positively affected by this project. Milk producers will get better income because 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 women to leadership positions and has set itself a target of a gender balance of at least 40 % of the core management positions being taken up by women by 2025.
  • 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 micro-processing of the milk to make products like yogurt, creating over 320 direct and indirect jobs at the farms, shops, and processing plants.

Indirect:

  • Impact on the local community: with the increase in job creation, and a stable supply of milk, there will be a trickle-down 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 milk waste: Estimates point to 35 % of all milk production in Buyende being wasted due to a 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 reducing milk waste to minimal levels.

Impact indicators

24450
CO2 avoided per year
344800
clean energy
320
created by our projects
of sustainable
250
impacted

Contribution to the Sustainable Development Goals

About the Promoter

About
SolarPipo Finance B.V.

Direct

  • Clean energy: The solar plant will produce 344,8 MWh per year, allowing the cooperative to run on clean energy only, and eliminating diesel consumption – a reduction of 9.125 liters/year that will avoid the emission of 24.45 tons of CO2 a year, the equivalent of planting 1.111 trees.
  • 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 60 members and over 175 non-cooperative farmers termed as “out producers”, with a combined labor force of around 250 people that will be positively affected by this project. Milk producers will get better income because 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 women to leadership positions and has set itself a target of a gender balance of at least 40 % of the core management positions being taken up by women by 2025.
  • 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 micro-processing of the milk to make products like yogurt, creating over 320 direct and indirect jobs at the farms, shops, and processing plants.

Indirect:

  • Impact on the local community: with the increase in job creation, and a stable supply of milk, there will be a trickle-down 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 milk waste: Estimates point to 35 % of all milk production in Buyende being wasted due to a 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 reducing milk waste to minimal levels.

Promoter website

https://www.solarpipo.com/

Team

[{"id":134,"promoter_id":182,"name":"Hashim Mutanje","description":"","link":"https://www.linkedin.com/in/hashimmutanje","role":"Co-founder SolarPipo","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/64a/bd9/a08/64abd9a0829ff506893923.png","avatar_id":103744},{"id":237,"promoter_id":182,"name":"Mwamed Sizoomu","description":"","link":"https://www.linkedin.com/in/mwamed-sizoomu-51341640/","role":"Co-founder & CEO","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/668/72e/2ac/66872e2ac7918531737201.png","avatar_id":147887},{"id":238,"promoter_id":182,"name":"Flip Goudsmit","description":"","link":"https://www.linkedin.com/in/flip-goudsmit-68059b8/","role":"Board Member","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/668/72e/c7a/66872ec7a2433141329269.png","avatar_id":147888},{"id":239,"promoter_id":182,"name":"Erik Luttjehuizen","description":"","link":"https://www.linkedin.com/in/erik-luttjehuizen-549991/","role":"Board Member","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/668/72f/523/66872f523de29482332074.png","avatar_id":147889},{"id":240,"promoter_id":182,"name":"Dianah Namwanje","description":"","link":"https://www.linkedin.com/in/dianah-namwanje-257b811b1/","role":"","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/668/72f/bc8/66872fbc85b4b073782998.jpg","avatar_id":147890},{"id":241,"promoter_id":182,"name":"Nabwire Dorah","description":"","link":"https://www.linkedin.com/in/nabwire-dorah-5a6636201/","role":"Electrical and solar technician","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/668/730/134/668730134e544009562733.jpg","avatar_id":147891},{"id":242,"promoter_id":182,"name":"Leslie Murungi","description":"","link":"https://www.linkedin.com/in/leslie-murungi/","role":"Software Developer","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/668/730/648/6687306488c78144400952.png","avatar_id":147892}]

Business Model

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