We are excited to be an official Impact Entrepreneur nominee for the 2023 Earthshot Prize for our impactful Climate Action Financing that supports mitigation and adaptation actions that address climate change!
- Moto Hope Capital’s Climate Action Financing seeks to support mitigation and adaptation actions that will address climate change. The financing is needed to adapt to the adverse effects and reduce the impacts of the ever-changing climate.
- These Climate Action Loans enable low-income earners in rural, peri-urban, and informal settlements to acquire Green energy products for cooking, heating, lighting & agriculture. Beneficiaries acquire energy-saving cooking stoves, solar lamps, solar-powered borehole pumps, solar irrigation kits, etc. at subsidized costs. They start to enjoy using them immediately, while they make payments in installments, at friendly repayment terms that are not a strain on their limited resources. Additionally, they are also able to acquire other otherwise unaffordable solar-powered items like fridges and other clean energy products such as electric bikes among others.
- The financing also goes towards biogas plant installation for agricultural homesteads that have substantial animal and crop waste. Moreover, MHC has added tree nursery financing which goes towards forest cover restoration, especially in communities that depend on wood and charcoal fuel.
- To this end, Moto Hope Capital has financed 2,220 Climate Action products; Clean Energy Stoves and Solar Panels.
Now more than ever we are re-energized to continue repairing our planet one solution at a time!
All the best to us!