Solar Kasolwe Cooperative
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Solar Kasolwe 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-kasolwe-cooperative-134

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 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.

What is the impact?

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.

Impact indicators

10200
CO2 avoided per year
clean energy
800
created by our projects
of sustainable
1520
impacted

Contribution to the Sustainable Development Goals

About the Promoter

About
SolarPipo Finance B.V.

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.

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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