Inn order to compensate for our CO₂ emissions, Nordic Capital is supporting Solar Sister, an independent charity which provides solar lights to poor rural households through an innovative entrepreneurship model. During 2018, some 600 million people in Sub-Saharan Africa light their homes with kerosene lights. As well as being ineffective, expensive and harmful to people’s health, kerosene lights contribute heavily to CO₂ emissions.
Thanks to Nordic Capital’s contribution among others Solar Sister can recruits and train women in poor rural communities to become self-employed entrepreneurs.
These entrepreneurs receive business coaching, one-to-one mentoring and marketing support so they can successfully sell the solar lights in their communities. Solar Sister entrepreneurs are typically able to increase their family income by 20%. 80% of the extra income is in turn invested in their families and contributes to better education and health for their children.
Up to 2021, Nordic Capital's engagement with Solar Sister achieved
- Expansion of Solar Sister into 6 new districts in Tanzania
- Recruited and trained 198 new solar sister entrepreneurs
- Spread light to 41,000 poor people in the rural areas