Microloans for clean energy in the developing world
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One-third of the world's population today has no access to any form of modern energy, relying instead on highly polluting fuels like wood and kerosene. Working on the premise that reliable energy is a key to fighting poverty — and that it needs to be clean — Energy in Common is a New York-based nonprofit dedicated to facilitating microloans to bring green energy to people in need. Potential lenders begin by browsing EIC's list of “entrepreneurs”--its term for anyone in a developing nation who needs a new source of energy for a better future. Several African street vendors are currently…
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