Baobab, TradeLenda to Equip SMEs, Communities with Solar

  • Baobab will make its range of high-quality solar solutions available to a broader customer base through this partnership.
  • Both organisations aim to create a more sustainable future for communities, individuals and Small Business owners, one solar solution at a time.

In a bid to advance sustainable energy solutions and increase accessibility for communities, BaobabPlus Nigeria, a cutting-edge solar technologies provider, has announced a strategic partnership with Trade Lenda, a digital microfinance institution dedicated to financial inclusion. This dynamic collaboration seeks to revolutionise the energy landscape by offering hybrid solar generators, solar freezers and solar fridges on loan to customers. This partnership aims to bring affordable solar solutions within reach of a broader audience while promoting financial inclusion in underserved regions.

As the world’s demand for clean energy solutions grows, Baobab Plus Nigeria is committed to addressing the pressing need for accessible solar products. Through this partnership, the firm will make its range of high-quality solar solutions, including solar-powered generators, fridges and freezers, available to a broader customer base. With its expertise in tailored financial services and deep community connections, Trade Lenda will facilitate the distribution of these solar products through microloans, ensuring that customers can harness the sun’s power without the initial financial burden.

By offering favourable loan terms and flexible repayment options, this collaboration will create opportunities for individuals, business owners and communities to invest in sustainable energy solutions. The CEO of Baoabplus NG, Kolawole Osinowo, said, “This partnership reflects our shared vision of promoting renewable energy access and economic empowerment for SMEs in Nigeria. We are excited to work with Trade Lenda, an institution with a proven commitment to financial inclusion. Together, we will provide Small and Medium Enterprises with the means to access clean energy solutions that advance their business growth.”

Commenting on the partnership, the COO of Trade Lenda, Oyindamola Olaniyan, noted, “At Trade Lenda, our mission is to provide opportunities and unlock potential for SMEs to help them scale. Collaborating with Baobabplus Nigeria to offer solar products on loan aligns perfectly with our core values of financial empowerment and community development.” The partnership between Baobabplus Nigeria and Trade Lenda is a testament to the belief that sustainable energy solutions should be accessible to all. By combining their expertise and resources, the two organisations aim to create a brighter and more sustainable future for communities, individuals and Small Business owners, one solar solution at a time.

Leave a Reply

Your email address will not be published. Required fields are marked *