Monday, October 21, 2013 No Region Specified
Solar-powered light bulbs for the poor: A growing number of social enterprises are selling such technology to bottom of the pyramid households in Africa, India and other countries. One of the first to do so, Denver-based Nokero (for No Kerosene) just introduced its next generation of products, as it works to make the company’s management more professional–and able to grow the enterprise even more.
A little more background on the issue: Around 1.3 billion of world’s population lacks access to reliable electricity. Most of them use kerosene lamps, which are very very very expensive compared to incandescent lamps, (people spend as much as 30% of their income on kerosene-based fuels, according to Nokero), cause deadly fires (If you live without electricity, you’re seven times more likely to die by fire than someone with electricity, according to Katsaros), and contribute to air pollution. They don’t produce a whole heck of a lot of light, either