Bloomberg Philanthropies recently gave $5 million in low-interest loans to Little Sun, a social enterprise which helps bring solar energy to off-grid sub-Saharan Africa via low-cost solar lamps.
“The impact investment from Bloomberg Philanthropies will help us reach our goal of providing clean energy to homes, schools, and local businesses, replacing toxic kerosene lamps everywhere we work,” Little Sun managing Director and CEO Felix Hallwachs said.
“Too many families are forced to breathe in toxic kerosene fumes because they don’t have access to electricity. Solar-powered lights can improve their health — and at the same time, protect our environment — by keeping pollutants out of the air they breathe,” said founder of Bloomberg Michael Bloomberg. “Little Sun is bringing clean, safe, affordable light to people who don’t have it today.”
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