1. Sameer Halai C O - F O U N D E R & C D O @ s u n f u n d e r @ s a m e e r h a l a i 2. 1. What is energy poverty 2. Off-grid energy economy 3. Benefits of solar 4. Financial barriers 5. How SunFunder works 3. 1 . W H A T I S E N E R G Y 4. 2.5B with insufficient ELECTRICITY 600M with cellphones NO CHARGING 5. T H E P O O R E S T F I F T H O F T H E W O R L D P A Y S O N E - F I F T H O F T H E W O R L D S L I G H T I N G B I L L B U T R E C E I V E S O N L Y . 1 P E R C E N T O F T H E L I G H T I N G B E N E F I T S 6. D I E S E L & K E R O S E N E D O M I N A T E 7. A B O U T 1 . 5 M I L L I O N P E O P L E D I E O F I N D O O R K E R O S E N E P O L L U T I O N E V E R Y Y E A R , I N A D D I T I O N T O T H O S E W H O D I E F R O M B U R N S I N F I R E S E F F E C T S O N H E A L T H 8. B A R R I E R S T O E D U C A T I O N 9. B A R R I E R S T O I N F O R M A T I O N A C C E S S 10. B A R R I E R S T O S A F E T Y A N D S E C U R I T Y 11. B A R R I E R S T O C O M M E R C E 12. C E L L - P H O N E S A R E E V E R Y T H I N G 13. C E L L - P H O N E S A R E E V E R Y T H I N G 14. 2 . O F F - G R I D E N E R G Y 15. K E R O S E N E C O S T S 2 5 P E R C E N T O F A F A M I L Y S I N C O M E . $ 2 - $ 1 0 A M O N T H $ 3 6 B I L L I O N A Y E A R 16. C E L L P H O N E C H A R G I N G C O S T S $ 2 - $ 6 A M O N T H 17. A D D R E S S A B L E C O M M E R C I A L & I N D U S T R I A L D I E S E L I S $ 5 0 B 18. 3 . B E N E F I T S O F S O L A R 19. B R I G H T E R 10 lumens100 lumens 20. C H E A P E R 21. R E L I A B L E 22. L I F E C H A N G I N G 23. 4 . F I N A N C E B A R R I E R 24. C A P I T A L I N T E N S I V E 25. P A Y B A C K T I M E 1 0 M O T O 26. T O O R I S K Y F O R B A N K S 27. H A R D T O S C A L E W I T H M I C R O - F I N A N C E A L O N E 28. 5 . H O W S U N F U N D E R 29. S O L A R E N E R G Y I S G E T T I N G C H E A P E R 30. E N E R G Y D E M A N D S A R E 31. S O L A R C O M P A N I E S H U G E U N M E T C A P I T A L N E E D S 32. economics are compelling moral urgency is profound the development benefits are enormous potential leverage is game changing C A R L P O P E , Y A L E 33. C R O W D + P R I V A T E A social enterprise that sells quality solar lights in Malawi, Zambia, Kenya and Tanzania, reducing reliance on expensive, poor quality fuels such as kerosene and disposable, short life batteries. 34. C R O W D + P R I V A T E A social enterprise that sells quality solar lights in Malawi, Zambia, Kenya and Tanzania, reducing reliance on expensive, poor quality fuels such as kerosene and disposable, short life batteries. Nov 2012 Feb 2013 $10k funded 3,905 impacted $30k funded 10,681 impacted private capital 35. A social enterprise that sells quality solar lights in Malawi, Zambia, Kenya and Tanzania, reducing reliance on expensive, poor quality fuels such as kerosene and disposable, short life batteries. Nov 2012 Feb 2013 Apr 2013 Sep 2013 $10k funded 3,905 impacted $30k funded 10,681 impacted $50k funded 17,475 impacted $65k funded 39,957 impacted private capital private capital crowdfundscrowdfunds C R O W D + P R I V A T E 36. A social enterprise that sells quality solar lights in Malawi, Zambia, Kenya and Tanzania, reducing reliance on expensive, poor quality fuels such as kerosene and disposable, short life batteries. Nov 2012 Feb 2013 Apr 2013 Sep 2013 Oct 2013 $10k funded 3,905 impacted $30k funded 10,681 impacted $50k funded 17,475 impacted $65k funded 39,957 impacted $130k funded 74,587 impacted $200k funded 109,217 impacted private capital private capital crowdfunds crowdfundscrowdfundscrowdfunds C R O W D + P R I V A T E 37. S U N F U N D E R S I G N S A L O A N A G R E E ME N T W I T H A C O MP A N Y S MA L L I N I T I A L L O A N I S F U N D E D T H R O U G H C R O W D F U N D I N G L O A N R E P A YME N T S S T A R T A N D T H E C O MP A N Y S H O W S P R O G R E S S N E XT L A R G E R L O A N I S F U N D E D T H R O U G H C R O W D F U N D I N G C O MP A N Y E S T A B L I S H E S A T R A C K R E C O R D , S U N F U N D E R R A I S E S P R I V A T E C A P I T A L T O H E L P I T S C A L E F U R T H E R A social enterprise that sells quality solar lights in Malawi, Zambia, Kenya and Tanzania, reducing reliance on expensive, poor quality fuels such as kerosene and disposable, short life batteries. Nov 2012 Feb 2013 Apr 2013 Sep 2013 Oct 2013 $10k funded 3,905 impacted $30k funded 10,681 impacted $50k funded 17,475 impacted $65k funded 39,957 impacted $130k funded 74,587 impacted $200k funded 109,217 impacted private capital private capital crowdfunds crowdfundscrowdfundscrowdfunds C R O W D + P R I V A T E 38. T Y P E S O F S O L A R D O W N S T R E A M A N D U P S T R E A M A N D I N B E T W E E N D I S T R I B U T O R S 39. T Y P E S O F S O L A R D O W N S T R E A M A N D U P S T R E A M A N D I N B E T W E E N D I S T R I B U T O R S I N S T A L L E R S 40. T Y P E S O F S O L A R D O W N S T R E A M A N D U P S T R E A M A N D I N B E T W E E N D I S T R I B U T O R S I N S T A L L E R S M I C R O - G R I D C O M P A N I E S 41. T Y P E S O F S O L A R D O W N S T R E A M A N D U P S T R E A M A N D I N B E T W E E N D I S T R I B U T O R S I N S T A L L E R S M I C R O - G R I D C O M P A N I E S C O M M E R C I A L & I N D U S T R I A L 42. T Y P E S O F S O L A R D O W N S T R E A M A N D U P S T R E A M A N D I N B E T W E E N D I S T R I B U T O R S I N S T A L L E R S M I C R O - G R I D C O M P A N I E S C O M M E R C I A L & I N D U S T R I A L C H A N N E L P A R T N E R S 43. W H O D O W E L E N D T O ? P O R T F O L I O E V O L V I N G A S T H E M A R K E T M A T U R E S 2 0 1 3 $ 4 0 0 K D I S T R I B U T O R S I N S T A L L E R S M I C R O - G R I D C O M P A N I E S C H A N N E L P A R T N E R S C O M M E R C I A L & I N D U S T R I A L 44. W H O D O W E L E N D T O ? P O R T F O L I O E V O L V I N G A S T H E M A R K E T M A T U R E S 2 0 1 3 $ 4 0 0 K 2 0 1 4 $ 4 M 2 0 1 7 $ 1 0 0 M D I S T R I B U T O R S I N S T A L L E R S M I C R O - G R I D C O M P A N I E S C H A N N E L P A R T N E R S C O M M E R C I A L & I N D U S T R I A L 45. L A Y E R E D C A P I T A L C A P I T A L M O D E L M I T I G A T E S R I S K S A N D C A T A L Y Z E S P R I V A T E I N V E S T M E N T S S E N I O R P R I N C I P A L + I N T E R E S T J U N I O R P R I N C I P A L + I N T E R E S T C R O W D P R I N C I P A L O N L Y 46. L A Y E R E D C A P I T A L S E N I O R P R I N C I P A L + I N T E R E S T J U N I O R P R I N C I P A L + I N T E R E S T C R O W D P R I N C I P A L O N L Y SOLAR EMPOWERMENT FUND (SEF) 47. L A Y E R E D C A P I T A L S E N I O R P R I N C I P A L + I N T E R E S T J U N I O R P R I N C I P A L + I N T E R E S T SOLAR EMPOWERMENT FUND (SEF) $ 2 5 0 K S E F I 2 Y R $ 1 M S E F I I 2 Y R $ 4 M S E F I I 3 Y R 48. 22 projects funded with 8 partner companies 49. $414,000 funded, 102,000 empowered 50. Q U E S T I O N S ? S A M E E R @ S U N F U N D E R . C O M @ S A M E E R H A L A I