Start by setting up your SunVest account. When your account is approved you’re all set to invest for sustainable businesses around the world.
Browse by category and find a solar project to support
You will be lending money to implement solar projects throughout Nigeria. You will need to consider the return you are expected to receive, the time taken for your money to be repaid.
Choose a project to invest in. Each project is a bit different in terms of impact, location and size. You decide how much to invest from ₦5,000 minimum to whatever is left to fully fund the loan.
You can pay immediately with Sunpay Wallet or by online bank transfer. You can see the status of your investment in your account and you can add more to your investment at any time.
Once the project is fully funded, the money is transferred to the solar partner on the first day of the following month – your return starts building from this date.
When the project is fully funded, your money is transferred to the borrower – we refer to borrowers as solar partners. It’s now up to them to sell and distribute solar power to their customers.
The solar business uses your investment to design and install purchase solar home systems, which are sold to households and businesses in the target country of the project. The families & businesses make monthly payments until they own the system outright, while the business maintains the system and is able to switch it off remotely if payments are not made.
Every month, you will receive both interest and a capital repayment from your chosen project. You can view these payments in your account. The solar business makes repayment with profit. You can ask for these funds to be repaid to you, or you can reinvest them in a new project.