Overview of SKDRDP’s award winning energy loans program

1 min read
Overview of SKDRDP’s award winning energy loans program

SKDRDP recently won the Ashden–2012 Gold Award for Microfinance in London. Given below is a video of the project and organization.

SKDRDP

Shri Kshethra Dharmasthala Rural Development Project (SKDRDP) in South India is a prime example of the vital role a well-run microfinance organization can play in meeting the poor’s energy needs.

The Karnataka-based NGO provides affordable loans to families in the area, helping them buy renewable energy systems that improve their quality of life. Key to the success of this highly replicable programme, which has so far provided nearly 20,000 energy loans is self-help groups that help people make informed choices on what energy products they buy.

Overview of SKDRDP’s award winning energy loans program

Pratima Singh

Pratima is a content writer at Moneymint. As a Finance enthusiast, she loves sharing tips and tricks to help others navigate the financial sphere.