From Crisis to Solution – Microfinance Saves the Day
Global power shortages, the deepening energy crisis and the environmental impact on the planet have led researchers in India to look to alternative solutions to a problem that grows more serious every year. Providing microloans for individuals and households to enable them to set up solar energy systems may be the answer that will both benefit the planet and help alleviate poverty.
Energy Consumption and Natural Resource Degradation
In many rural areas in India, households are run using firewood for cooking, kerosene for light and cow dung patties for warmth. The reliance on kerosene is a rising cost and many people have to travel great distances to purchase it. The depletion of natural forests for firewood is a serious problem around the world and pollution and health risks are on the rise.
Solar energy has been regarded as a good solution for many years, but at the same time it has also been out of reach for low-income families, especially those based in rural areas. While it should be a cost efficient green energy alternative for all, it is the poor who end up paying the most for basic energy requirements.
Tailored Loans to Help Finance Solar Energy 
Microfinance organizations have been working on a solution to help low-income households invest in solar energy with a loan that is easily repayable on a weekly basis. It is a low interest loan that actually helps people save money and invest in the future without deepening their financial strain. These loans do not only address the need for lower cost technology, but the need for creative, effective finance solutions that are within reach for everyone.
Solar power device manufacturers market their products to microfinance institutions who are then able to bring the products, and the loan solutions to rural areas. As the sector develops, the microlenders are able to offer slightly larger loans to individuals in order to help them get started in their own solar energy businesses. There are several microfinance organizations focusing on affordable green energy, among them SELCO India, which is a pioneer in this field. Both loans and solar energy systems are customized to suit the individual needs of every household.
Indeed, financing solar power is the key for a healthy environment and offering loans for solar products is a good idea.
I think this article is full of with very important information. All of the information is very helpful. This article offering great information about Solar Energy in India. Thanks for this informative article.
It is a great solution for preventing energy crisis using solar energy. But it is difficult to bear these costs for all. Microfinance is the perfect way to increasing this system. I highly recommend to this system.
Microfinance organizations have been working on a solution to help low-income households invest in solar energy with a loan that is easily repayable on a weekly basis.they are doing good job.
This is very informative and well described. It’s easy to understand all the points being made about microfinance. I enjoyed it a lot and will share what I learned with all my friends.
Oh this is a promising posts you have. It is always nice to help people out through microfinance. In that way, blessings will be imparted to other people and there will be more blessings that will come back to the one who have a kind heart to help. This is cool!
Good and informative post. Thanks.
Very cool information. I liked how simple it was to understand.
Solar Energy in India really has bright perspective!
The Microfinance organization is a valuable asset to the community.The environmental service provided by Microfinance is priceless
I think this is a very good thing in terms of saving money and receive free electricity and I am glad that this is in India.
This post is very essential for all man. It is very useful. I like this post.
Informative article.I am sure micro finance project on solar panel will bring the revolution in rural area of India.In Bangladesh micro finance played a great roll to change the life of poor people.I think it will work in India at power and energy industry.
even here in our country are starting to go with solar energy but it should also be noted that it is still expensive to deploy this things.
I read this article carefully and found it very helpful. Providing microloans for individuals and households to enable them to set up solar energy systems will really benefit the planet and help alleviate poverty. I rally appreciate with you.
Thanks for this article.this is really nice.
Solar power has a great impact on socio-economic condition of a country. Day by day it is improving its technology hence serving the people. Generation of solar power helps the national grid also. Solar irrigation, dc home system, roof-top solar plant are some of new inventions.
Its really a great news for the farmers who don’t have electricity.
I think it’s high time people started getting to use microfinance as a source of aid from the government.
Great article though.
I appreciate your opinion.Solar energy is cost effective and can be used in undeveloped rural area.Microfinance really helps to steer Solar Energy in India.
Solar energy is the future. The idea of providing financially micro financing to fund this brave new technology proves there is always a way to fund solar. It’s very innovative and not as risky compared to other financial options in the past.
Very informative.. I really appreciate your article!
Excellent article on the uses of solar energy – it’s a win-win situation. I’m glad to see more people getting onboard.
This is a really great article, thanks for sharing it.
Micro finance can play a vital role in making the rural economy strong. Your article says it clearly and i liked your idea. Thanks for sharing.
The author has come up with a very knowledgeable and informative post giving the readers an in depth analysis.
Well explained. Microfinance can help to solve energy crisis especially where money is a problem.
Only for money problem? You are right but this is a part of the total matter. Organization and managerial support is also important. Thus Microfinance Saves the Day Global power shortages, the deepening energy crisis and the environmental impact on the planet!
It’s very good thing in terms of saving money. Great solution for preventing energy crisis using solar energy. Glad to see more people getting onboard.
Micro finance can be very vital role in making the rural economy strong. Your article says it clearly and i liked your idea very much.
In India,there is lots of opportunities for farmer as crops grow easily and market is suitable but energy crisis was the main obstacle.In this regard,Micro-finance has done a god job through solar energy.Well-said article.
Hm. Interesting. I could’ve sworn microfinancing was banned in India. Anyway I’m sure it will work out.
I think this article is full of with very important information. All of the information is very helpful. This article offering great information about Solar Energy in India. Thanks for this informative article.
Really interesting,a best way for indian finance..
Solar energy can play a vital role in national grid. Besides it will help to reduce the pressure on electricity. If micro-finance can make available for it, Solar energy will bring evolution in power sector.
Micro fiance is a great way to help low income communities. I am glad there is a solar energy initiative in India.
It is very useful and interesting. I like this post. Very informative and well described.
The Microfinance corporation puts a smile on the many in India by providing clean solar energy.
It’s a great thing that trough this post I found so many interesting things about India and micro finance. Thanks for sharing this article.
It’s really great to see organizations are using solar energy. Microfinance is the perfect way to increasing this system.
Very informative post!! It’s good to know that Microfinance organizations have been working hard to provide facilities of solar energy to poor people in the rural parts. It is very important to publish and spread this kind of post to every people so that every poor people could reach micro finance facilities. Thanks for sharing.
The key for a healthy environment is financing solar and offering loans for solar products is a good idea.
I think this article is full of with very important information. All of the information is very helpful. This article offering great information about Solar Energy in India. Thanks for this informative article.
I think this article is full of with very important information. All of the information is very helpful. This article offering great information about Solar Energy in India. Thanks for this informative article.
I think this article is full of with very important information. All of the information is very helpful. This article offering great information about Solar Energy in India. Thanks for this informative article.
I think this article is full of with very important information. All of the information is very helpful. This article offering great information about Solar Energy in India. Thanks for this informative article.
I think this article is full of with very important information. All of the information is very helpful. This article offering great information about Solar Energy in India. Thanks for this informative article.
I think this article is full of with very important information. All of the information is very helpful. This article offering great information about Solar Energy in India. Thanks for this informative article.
good
Microfinancing is something that I might be interested in. Lots of ways to earn money and grow in business.
Micro Finance can be extremely key part in making the rustic economy solid. Your article says it plainly and i loved your thought in particular.
As usual India is one of the suitable country to grow any sorts of crops.But when it talks about solar system then it slightly critical one specially in root level,Micro-finance has done the great job to solve this obstacle means more expectation from farmers.The article is just delivering that inspiration.
Nice idea and actually Microfinance is a wellspring of monetary administrations for business visionaries and private companies lacking access to managing an account and related administrations.
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Huge information in your article which help rural community.Solar energy is really a great solution for our energy crisis problem.Your explation was clear.Thanks for such usefull article.
This article is very useful and interesting. Solar Energy is very important for India.
indeed it seems like micro finance has gone a long way in solar energy boost to create more energy for consumption. nice informative article
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Sun oriented vitality is what’s to come. Providing monetarily smaller scale financing to store this overcome new innovation demonstrates there is dependably an approach to subsidize sun oriented. It’s extremely inventive and not as hazardous contrasted with other money related alternatives before.
It’s good thing as far as sparing cash. Extraordinary answer for averting vitality emergency utilizing sun oriented vitality. Happy to see more individuals getting locally available.
It’s good thing as far as sparing cash. Extraordinary answer for averting vitality emergency utilizing sun oriented vitality. Happy to see more individuals getting locally available.
Energy has always been an issue in rural areas due to economic reasons.But Solar energy has been great solution for preventing energy crisis.And it helps for All kind of people.Thanks for Your nice informative article .. I really appreciate your article!
It is an extraordinary answer for avoiding vitality emergency utilizing sun oriented vitality. Be that as it may, it is hard to shoulder these expenses for all. Microfinance is the ideal approach to expanding this framework. I profoundly prescribe to this framework.
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Great article ever. This is very useful. thanks for share with us
Wow this is a wonderful idea for online marketing. Its so good for share your idea.Thanks
wow this is great working on a solution to help low-income households invest in solar energy. And this is really important for all.
it’s very useful article, i hope it’ll help all people
This post is so important, everybody should read it and learn a lot from it.
It’s ironic because I was just watching on the news today how a man and his wife built home using nothing but solar energy. I love this article.
This idea of low interest loans to finance solar energy should be replicated around the world. Rural communities have huge difficulties to get electric energy, and solar panels are the best solution to that problem.
This is definitely a fantastic project, Solar power is one amongst the best of clean energy. Not only because of it’s flexibility but it ability to work efficiently. Microfinance is definitely sowing a positive seed in the right direction. What a promising venture.
Microfinance companies have been very helpful in creating opportunities in rural areas, esp. in India and other third world countries in Asia. Farming, solar energy, wind energy generation, horticulture etc. are some of the few areas Micro Fianance companies have been helping with.
This article is very helpful. I think solar energy is the best alternative source of energy during energy crisis.
this article is very helpful and i think solar power is the best alternative source of energy during energy crisis.
This is a very helpful article and i think solar power is the best alternative source of energy during energy crisis.
Great article.but is it possible anywhere around the world as you describe.
wow this is really great post. It is very important to publish and spread this kind of post to every people. It is a low interest loan that actually helps people save money. Thanks for this article.
this is amazing post. because Microfinance organizations have been working on a solution to help low-income households invest in solar energy. I rally appreciate it.
Very interesting article with very useful information! Congrats!
Classic Microfinance is a very simple approach to financing activity, which has proven very efficient in helping poor people around the world to improve their situation.
just amazing article.. It is always nice to help people out through microfinance. great solution for preventing energy crisis using solar energy.
This is very informative blog that every humans need to know about. Energy crisis and its alternative solution solar energy is the best way in india and other countries where it has maximum potential. These ways can eliminate the energy crisis.
Few people appreciate things that are truly beautiful anymore. Well Done
Solar energy can reduce the pressure on electricity. All we need a proper finance for this. Micro finance can play a vital role in this sector specially in India where most of the people need power.
Solar energy can play an important role in reducing the pressure of Electricity. All it needs a proper financing. Micro finance can do this role smoothly specially in india.
This article is very useful and interesting. Solar Energy is very important for India. So i like it.
I think this solution to product energy is suitable not only for India but also other countries throughout the world.
Please correct my above comment as follows:
I think this solution to produce energy is suitable not only for India but also other countries throughout the world.
Keep the good work up! This is excellent article to read… Wow!
This is amazing and nice to know that poor people in India now have the chance of becoming prosperous and having a better life thanks to micro financing. Hopefully this will catch on in other developing countries too.
To save the planet such ideas are greatly appreciated.
Most needed service in recent times. Every farmers can easily get solar energy using this system.
It’s really a great things
I’m sure the people of the rural parts of India are grateful for companies like Selco India. Not only do they have the opportunity to become self- sufficient but they are able to do it in a manner that helps support the environment.
Solar energy has been great solution for preventing energy crisis. Rural communities have huge difficulties to get electric energy, and solar panels are the best solution to that problem.
I think solar energy is the best way to solve the problem of increasing the demand of energy. But it is difficult to bear these costs for all. Microfinance is the perfect way to increasing this system. Thanks for this incredible information.
This is truly amazing if micro finance works in India it can work in any developing country and it will be a complete game changer for the energy needs of the developing world. No longer will Indians have to live without electricity.
It’s good thing as far as sparing cash. Extraordinary answer for averting vitality emergency utilizing sun oriented vitality. Micro-finance has done the great job to solve this obstacle means more expectation from farmers.The article is just delivering that inspiration.
What I call talent, Thanks a lot for this information. much respect!
That is really a great initiative for farmer and crop related industries.Impressive effort to solve solar energy problem through micro-finance.Hope this could positively change cultivation system.
This is really informative. Microfinance project is the good way to develop the rular areas of India and also it leads to the betterment in the lifestyle of Indian.
Awesome Information of solar energy technology, it help us to learn about solar energy, much interesting article to study about solar energy easily and quickly.
This is one of well written articles on microfinance and solar energy. Yes, Microfinace and solar energy should work together to change the society.Thanks
very useful article and solar power is the best alternative source of energy.
This is very nice and amazing article and it is also inspiring one. Thank you.
This is a very good initiative to provide microfinance in solar energy, a no cost, secure and safe energy resource.
This is very ,usefull and helpfull article and it is also motivational. Thank you.
Energy is the crucial element for growing world. Electricity demands can be reduced by the using of solar energy. Micro finance can help in growing solar energy in India.
Really this is a very helpful article and I think solar power is the best alternative source of energy during energy crisis. So we should use this source and improve it .
Really very well explained for all. Microfinance can help to solve energy crisis in the world.Great solution for preventing energy crisis using solar energy. So we should take care of it.
This is very much inspiring. I appreciate the microfinance for doing such work leading to the development of the energy source. It has faciliated the various local people in many different ways. Well done keeping your spirit up.
This is very good blog. I appreciate the work done through the microfinance. This is the good way to give people their needs and rights
So amazing article, i liked the idea of helping people out through microfinance. So, great solution for preventing energy crisis using solar energy.
thanks for sharing this article with us.
I appreciate the idea .it will really uplift microfinance of India.
This idea is really appreciable.this can really uplift the microfinance of India.
Great concept of microfinance .not only for india but for whole Asian countries.
Microfinance to support solar energy in India is a great thing. I think it will really make a difference for these people.
Microfinance is looking to be a really good solution for those that cannot afford these environmentally safe energy solutions. Very happy to see this taking place!
I think microfinance is a great way to improve life in India.
This is truly amazing if micro finance works in India it can work in any developing country and it will be a complete game changer for the energy needs of the developing world. No longer will Indians have to live without electricity.
Solar energy has been great solution energy crisis. to get electric energy, are the best solution to that problem. save money.
At first blush, solar energy is perhaps the most elegant solution to our energy needs. The sun blasts our planet’s surface with more than enough energy to keep us going forever.
So i think this is good deal and thy very much for those info’s.
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I just heard today that for the first time, solar is less expensive than oil. That is great news!
Glad to see these initiatives taking place. Due to the pollution and depletion of natural resources, I would like to see this happen worldwide and it appears that micro finance can help that expansion.
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Solar energy can become cost effective if more countries, more states, towns, and people were able to use it. This type of resource should not be limited to those who can afford it. This type of resource is offered for free to those with their own home but not to those who live in an apartment building or condo. There are so many buildings, organizations, and companies that could utilize this resource, but budget cuts and lack of funding prevent them from being able to utilize this natural resource.
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This a good article
It is good to see that my country (India) is making progress in renewable energy using micro-finance to overcome the energy crisis.
Its great article, really helpful thanks for sharing
Microfinance to support solar energy!!! wow it’s amazing..I think it will really make a difference for these people.
wow just one of the best article i have ever seen. it’s very important information.
I love solar energy and hopefully this program will help those low-income families in India gain access to it.
wow lot of information in your article which help rural community. Microfinance is definitely sowing a positive seed in the right direction.
I think we need to implement this idea to more areas around the world. That could help so many people get energy and heat, while also helping the fragile environment.
I’m sure the people of the rural parts of India are grateful for companies like Selco India. Not only do they have the opportunity to become self- sufficient but they are able to do it in a manner that helps support the environment.
Passive solar systems consist of components, properly designed and combined with each other to assist in the exploitation of solar energy for natural lighting, or to regulate the temperature within this, to help them start their own solar energy companies.
Passive solar systems consist of components, properly designed and combined with each other to assist in the exploitation of solar energy for natural lighting, or to regulate the temperature within this, to help them start their own solar energy companies.
wow it’s a great article. Microfinance is the perfect way to increasing this system.Thanks for this informative article.
Solar power is the way of the future. Yes, solar panels are expensive to produce now, but perhaps, in time, this will change. In the interim, microfinance seems to be a viable solution to bringing this technology to others, who otherwise, would not have access to it.
preventing energy crisis using solar energy. But it is difficult to bear these costs for all.
Ignorantly I believed that majority of the people in the world had use or opportunity to get electricity. I was totally unaware that (even poor) people in other countries had or could get access to electricity for light and food or heat in their homes. They show Africa on TV and I ignorantly assumed it was just that country and maybe other people; chose to live without it. It feels as if these country governments should be paying for this and not making people take out loans. If America is as great as we say; we should be more focused on this and not Terrorism.
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Solar power has a great impact on socio-economic condition of a country. Day by day it is improving its technology hence serving the people. Generation of solar power helps the national grid also. Solar irrigation, dc home system, roof-top solar plant are some of new inventions.
Solar power has a great impact on socio-economic condition of a country. Day by day it is improving its technology hence serving the people. Generation of solar power helps the national grid also. Solar irrigation, dc home system, roof-top solar plant are some of new inventions.
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Solar is the way to go. This is going to put India way ahead of the curve in terms of energy production and savings.
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The world energy consumption is unsustainable, has been taking thousands of alternatives to solve the demand, but the human being has been evolving the various alternatives to meet the need to consume energy.
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its really a informative article.solar system is a great source of alternative energy and microfinance is aperfect way to creat this for our society
Passive solar systems consist of components, properly designed and combined with each other to assist in the exploitation of solar energy for natural lighting, or to regulate the temperature within this, to help them start their own solar energy companies.
I think solar energy is the best way to solve the problem of increasing the demand of energy. But it is difficult to bear these costs for all. I think microfinance is a great way to improve life in India.
Microfinance leads the private sector in all our world, especially solar energy in India.
Microfinance presents the best solution of Banking to solve problem of Energy Consumption and Natural Resource Degradation; by Leading the Way in Solar Energy in India
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Glad to see Microfinance taking steps to help with the environment because India needs it.