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KENYA Venture Philanthropy

d.light

d.light. Foto: Acumen


Partner

Acumen
Socio local

Sector

Beneficiados

150.000€
Coste


D.light is a social business offering low-cost solar energy solutions to the people without access to reliable energy. 

OVF embraced Acumen's patient capital model in 2010. Since then and until 2018, we have invested 1 million euros in social businesses through our partner Acumen. D.light is one of these companies. In 2017, we financed the expansion of its operations with a patient capital donation of €150,000.

The challenge

1.5 billion people in the world have no access to electricity. Most households use kerosene, lanterns or candlesto meet their lightning needs, but these are expensive and dangerous. 

The solution

d.light was born to eliminate the use of kerosene in households, and is transforming the way people are using and paying for energy. They have developed a range of solar products which allow people to access clean, affordable and reliable energy. 

Impact

To date, d.light has empowered 96 million lives, helped save $4 billion in energy related expenses and offset 22 million tons of carbon emissions.

 

 


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Sobre Open Value Foundation

Open Value Foundation es una fundación que cataliza soluciones innovadoras y sostenibles para mejorar la vida de las personas más vulnerables a través de proyectos y alianzas con un enfoque de Venture Philanthropy.

Open Value Foundation pertenece a Santa Comba Gestión SL, holding familiar aglutinador de proyectos que fomenta la libertad de la persona desde el conocimiento.

Contacto

Paseo de la Castellana, 53, 2ª planta 28046 Madrid (España)

+34 91 077 06 08

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