Working with Oikocredit means we have a partner with a strong presence in the sector. Renewable energy generated by Spark's solar home systems over their product lifetime currently avoids approximately 200,000 metric tonnes of CO 2 equivalent by replacing kerosene lanterns and diesel generators.īas Pijnenburg, Finance Director at Spark, said: "Cooperating with Oikocredit enables us to provide renewable electricity to significantly more homes and villages. It has sold more than 75,000 energy kits to date, helping improve the lives of over 375,000 people and providing technical capacity building to 2,700-plus solar sales agents. Since its inception in 2013, Spark has pioneered and built innovative solar energy solutions. Access to renewable electricity will support households in improving their living standards, increasing their earning potential and achieving lives of greater dignity. With Oikocredit's support, Spark will be able to give low-income people in the Democratic Republic of Congo, Kenya, Malawi, Liberia, Mali, Niger, Nigeria, Senegal, Uganda, Zambia and others both access to clean energy and a path to ownership of off-grid solar products that can be extended to fit users' growing energy needs. This credit line will support Spark’s plans to bring access to electricity to an estimated 500,000 under-served households in sub-Saharan Africa.
Amersfoort, the Netherlands – Social impact investor Oikocredit is providing a credit line of € 2 million to Spark, a supplier of pay-as-you-go off-grid modular solar solutions and appliances.
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