Lighting Up Uganda With Life-Enhancing Clean Energy

FINCA + BrightLife: Program Summary

Access to responsible finance is an important tool for strengthening the economic security of poor and low-income families. Access to non-financial goods—like clean energy products—are also critical for improving health and wellbeing, increasing productivity and alleviating poverty.

 

BrightLife, a social enterprise by FINCA (a $114M net asset nonprofit organization headquartered in Washington D.C.), pairs access to finance with access to energy to unlock productivity and wellbeing for the poor. It is also building pathways to financial inclusion for the unbanked. BrightLife is reimagining what the next generation of rural households in Uganda and beyond may look like.

GOAL: To eliminate Sub-Saharan Africa's electricity access gap

Uganda, Seeta. Ann Nankya's power system can charge her radio and lights.
Jane's new solar system can charge her phone.
Uganda, Mpigi. Allan Makayenga has no electricity in her home so she uses the solar light products.

Investment Summary

Uganda, Mukono. Scovia Nayiga has ten children, one of them died in a kerosene fire at the age of two. This prompted her and her husband Godffey to invest in a solar power light system and wood-burning stove.

Why support this program?

As 75% of Ugandan families live without access to electricity, BrightLife provides access to affordable clean energy lighting. The solar home systems provide in-home lighting with a built-in phone charger and radio. Customers are able to make low, weekly payments until they pay off their product. 

Who can participate?

Uganda, Kasawo. Joweria Nalwadda runs a coffee plantation and a small shop. Here she's in her shop using her light.

More about FINCA International

Uganda, Seeta. Ann Nankya uses her solar power system for lights and listening to the radio while washing her laundry.

MISSION: To alleviate poverty through lasting solutions that help people build assets, create jobs and raise their standard of living.

 

VISION: To build a global network of sustainable and scalable social enterprises that improve lives worldwide.

 

ORGANIZATION: With headquarters in Washington, DC, the goal at FINCA International is to provide low-income people around the world the tools they need to succeed. FINCA’s programs benefit millions of people across five continents. FINCA does this by offering responsible financial services, such as small loans or savings accounts; by reaching people in remote communities using technology like mobile phones and tablets; and by providing access to life-enhancing products, like solar home systems and clean cookstoves.

Are you interested in supporting FINCA's mission and earn up to 4.25%?

To access details of this investment offering, login or register.

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