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Renewable Energy for Agriculture
Renewable Energy for Agriculture
Key Data
markets it to restaurants, lodges and exporters. The women in the cooperative jointly use the facilities and share the rent evenly among the members. When the facilities are paid off, they become the property of the cooperative. During the first two years of the project, 45 women gain meaningful and sustainable jobs. This will scale up to 267 jobs by year five, impacting 1,333 people through improvements to women’s income and food security. Each woman gains a yearly net income of about €627 rising to over €900, when they have completed the rent-to-own payments for their
greenhouse. A modern form of agricultural production with an integrated renewable energy system, which is directly linked to marketing facilities, presents a new business model for Malawi. Furthermore, the gender-focused approach and the holistic setting of the project are innovative as they integrate renewable energy into a modern agricultural production system. In addition, the rent-to-own-approach is an innovative financing mechanism for the solar-powered irrigation and greenhouses, which allows full ownership after four years. The rent-to-own-approach is made possible by MFT facilitating access to solar-powered cold rooms and to markets of high-quality vegetables by negotiating with large retailers and through contracts on behalf of the women cooperatives.
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