Solar Kyeshande Cooperative
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Solar Kyeshande 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-kyeshande-cooperative-182

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 Kyeshande Cooperative in Kamuli District, in Central Uganda.

The Kyeshande Cooperative was founded in 2000 with 150 members, which owned in total around 180 cows. Currently, it has 400 members and owns over 600 cows. Additionally, the cooperative also has 300 non-members who supply milk.

The cooperative is comprised of members who make up the general assembly, the board that constitutes sub-committees of procurement, finance, and project management, the secretariat that comprises the manager and milk collection staff.

The funds raised through this campaign will be used to replace a diesel generator for an 11.88 kWh 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.

The cooperative's main product is milk. The cooperative bought a 3500-liter milk cooler and bought a 30KVA generator. Cooperative is currently employing 1 manager, 2 casual staff at the milk cooler. The co-operative acquired its milk cooler and generator by members doing fundraising amongst themselves.

What is the impact?

Direct: 

  • Contribution to the decarbonization in Uganda, avoiding CO2 emission: the switch to solar energy will allow the cooperative to run on clean energy only, eliminating the consumption of 3.800 liters of diesel a year that will avoid the emission of 10.2 tons of CO2/year. 

Indirect: 

  • Better work conditions in the cooperative: the installer will install three street lighting modules at the facility at no extra cost. By increasing the lighting around the plant with external safety lights, the cooperative members will have safer operation hours, especially loading milk to the buyers’ trucks during late evenings. 
  • Support of economic activity: milk producers can reach higher income as a result of increased reliability in storage and supply and fetching a better price with milk processors. 
  • Positive impact on people’s lives: the cooperative currently has 400 members and over 200 non-cooperative farmers termed as “out producers”, with a combined labor force of around 300 people that will be positively affected by this project. 
  • Job generation:  with this solar cooling project, it is estimated that the cooperative operation hours will increase, and so will the volume of milk to be processed and the people working in the cooperative. In the long term, the cooperative estimates to create over 635 direct and indirect jobs at the farms, shops, and a processing plant. 
  • Impact on the local community with the increase in job creation there can be a trickledown effect on the local community, through stabler financial conditions to families involved with the cooperative. 
  • Steps towards gender equality: the cooperative plans to bring on women to leadership positions and has promised to work towards achieving gender balance in the core management positions.  
  • Reduction of food waste: estimates show that currently 30-40% of all daily milk production (5500 liters) is 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.

Impact indicators

10200
CO2 avoided per year
clean energy
635
created by our projects
of sustainable
impacted

Contribution to the Sustainable Development Goals

About the Promoter

About
SolarPipo Finance B.V.

Direct: 

  • Contribution to the decarbonization in Uganda, avoiding CO2 emission: the switch to solar energy will allow the cooperative to run on clean energy only, eliminating the consumption of 3.800 liters of diesel a year that will avoid the emission of 10.2 tons of CO2/year. 

Indirect: 

  • Better work conditions in the cooperative: the installer will install three street lighting modules at the facility at no extra cost. By increasing the lighting around the plant with external safety lights, the cooperative members will have safer operation hours, especially loading milk to the buyers’ trucks during late evenings. 
  • Support of economic activity: milk producers can reach higher income as a result of increased reliability in storage and supply and fetching a better price with milk processors. 
  • Positive impact on people’s lives: the cooperative currently has 400 members and over 200 non-cooperative farmers termed as “out producers”, with a combined labor force of around 300 people that will be positively affected by this project. 
  • Job generation:  with this solar cooling project, it is estimated that the cooperative operation hours will increase, and so will the volume of milk to be processed and the people working in the cooperative. In the long term, the cooperative estimates to create over 635 direct and indirect jobs at the farms, shops, and a processing plant. 
  • Impact on the local community with the increase in job creation there can be a trickledown effect on the local community, through stabler financial conditions to families involved with the cooperative. 
  • Steps towards gender equality: the cooperative plans to bring on women to leadership positions and has promised to work towards achieving gender balance in the core management positions.  
  • Reduction of food waste: estimates show that currently 30-40% of all daily milk production (5500 liters) is 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.

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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