Oikocredit is once again financing access to electricity in Africa. In Zambia, the Dutch financial institution is opening a $2 million credit line for RDG Collective. The company, based in the capital Lusaka, supplies solar photovoltaic systems for the electrification of rural households and for the productive use of electricity.
With the support of Oikocredit, RDG plans to provide access to electricity for at least 12,500 “low-income” Zambians. “Access to renewable electricity and productive use of energy appliances will enable households to improve their standard of living, increase their income potential and live in greater dignity,” says Oikocredit.