Adapt+ is looking forward to a loan of 20,000 euros (at 7% interest) with a repayment spread over two years, of which 5,000 euros after the first year and 15,000 after year 2. This concerns 7,900 euros for the production machines, 1,700 euros for the assembly and 9,400 euros working capital. Adapt+ intends to market 6,000 stoves and some 420,000 litres of ethanol in the first 12 months. After 2 years, it wants to break even.
Adapt+ is a good example of how, thanks to innovative energy solutions, African entrepreneurs can create a socially better context that not only helps the local population with cheaper products, but also ensures greater climate awareness and better health care
Video with ceo David Nkwanga
- photo Elvis Ssemwogerere