Webinar 3 | May-16 | Off-Grid Energy Solutions and Social Impact

Off-Grid Energy Solutions and Social Impact

Deepak KumarCofounder and CTO

Problem• 1.2 billion people, around 22% of the global population, do

not have access to electricity.

• India currently has 77 million households (about 360 million people) who lack adequate access to grid-electricity.

• Across the world people living off the grid spend about $27 Billion annually on basic energy needs.

• Majority of people living off-grid have a daily income < $2

Social Investment Platform

• Crowdlending to provide convenient and hassle free loans to our end customers from BOP segment.

• Connects individual social investors with curated clean energy projects and credit worthy borrowers willing to adopt clean energy technology.

Distribution Network• Hub and spoke distribution model

• Community involvement

• Village level entrepreneurs

• Field coordinators, technical team, service and support team all recruited from local communities.

Solar technicians from local communities

Credit Appraisal process for energy loans

Challenges and Learning• Why full stack ?

• Focus on execution

• Growth Vs Sustainability?

• Stake holder management

Thank You

Contact - deepak@lytyfy.org