SunPower Afrique is a 501(c)(3) non-profit organization aiming to connect West African Microfinance Institutions and their clients to solar energy.
We believe that microfinance is one of the world’s most effective strategies to fight poverty, but its growth is significantly constrained due to a lack of consistent access to electricity.
With solar and microfinance working in tandem, we can change the world.
SunPower Afrique aims, through a pragmatic partnership between solar expertise and field experience with MFIs, to not only support existing microfinance structures and clients, but also to create jobs and to stimulate economic development in a new industry of solar system sales, distribution and installation.
A difficult and all too familiar energy crisis threatens Togo's development on a daily basis. Many cities and towns experience frequent electricity cuts, lasting anywhere from 15 minutes to 48 hours. The lack of reliable energy endangers not only essential services at hospitals, schools and government offices but also puts Togo's developing economy at risk on a larger scale.
Microfinance has become a large and important part of this small West African country's growth in that past 15 years and the ongoing contributions of microfinance institutions (MFI) to both financial progress and societal well-being are paramount. Microfinance is also a sector that suffers significantly in the wake of unreliable energy sources.NEXT : About : What We Do