| Summary: | In the emerging countries access to electricity is still an issue for many families and this is the reality for most of the underprivileged households in Honduras. Approximately, 21% of the families living in rural areas are out of the electric grid of the country, and matters added to this, is that these individuals live with USD 1.90 (WorldBank, 2017) per day reducing their possibilities of affording alternative solutions to gain access to electricity.
SoLuz provides a fast and affordable substitute to the conventional sources of energy, through the solar panel home systems, which families with low income, whom most of the times are not reliable sources to obtain credit at financial institutions, can purchase a solar panel home kit. Through a daily mobile payment of USD0.50, a household will now have access to electricity to improve not only their lives conditions but also boost the economy, as is the case for people living in the Bay Islands in the northern part of Honduras which depends on tourism for its subsistence.
Focused on being a B-Corp since the beginning and a pioneer in the region, SoLuz wishes to cover in a three-year period the 100% of the rural areas in the Bay Islands with the solar energy home systems and through the recycling programs cooperate in the protection and maintenance of the environment in the area.
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