Last week, members from all the GoSol projects participated in a capacity building training session on Village Savings and Loans Methodology organised by World Vision.
The training session covered such topics as microfinance products, various financial calculations formula, savings habits, best habits for transparency and accountability and a number of other tools for entrepreneurs.
From our experiences working with small businesses in the developing world, the more business skills our entrepreneurs have the more they recognize the value of our Lytefire. For example, Koptige bakery last year reported electricity savings over 600€. Among all our pilots, Koptige remains the most dynamic ; click here to see the video we made after 1 year of baking with the Lytefire..
When entrepreneurs are keeping good records and calculating their various expenditures it makes the energy savings from using solar energy that much clearer!
