Empowering rural communities with solar and mobile money services
The Sustainable Rural Growth and Development Initiative (SRGDI) extends the sales network of well-established enterprises, by training local youth associations to act as distribution agents and mobilising local communities to set up self-financing schemes. SRGDI receives a 10% commission on the sales of solar lamps through its distribution network, and 2% on mobile payment services. The enterprise establishes a distribution network for solar and mobile money services in rural areas without access to electricity. By working with youth village savings and loan associations, it creates new sources of microfinance for solar technology.
Sustainable Rural Growth and Development Initiative (SRGDI) markets solar and mobile money products and coordinates the sales network.
Total Malawi Ltd provides solar products and business training for distribution agents.
TNM Malawi Mobile Phone Services provides mobile money services and training on microloans to the youth village savings and loan associations.
The 2016 SEED Africa Awards are supported by the Government of Flanders.