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by yepnopemaybe
856 days ago
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Hey, I am cofounder and CEO of Renewables.org — Lassor Feasley. Renewables.org works with a network of Global South solar developers who have a large pipeline of unfunded solar projects. Using a Kiva like interface, you can join our site and help get these projects off the ground for as little as $25 dollars. When you invest on Renewables.org, you start earning monthly repayments — which continue for five years. These repayments are paid out of the revenue earned by solar projects already in our portfolio as they generate and sell power to the grid. As with Kiva.org — you don't make a financial return on Renewables, but you do create a carbon impact we believe is far greater than virtually any other investment or carbon offset product, dollar for dollar. |
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Particularly given these are loans to businesses, it sounds like lots of people are making a profit from these projects, but not the people actually putting up the money to fund them. It's a shame that this isn't an actual investment opportunity, as it seems like an interesting space.