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Stewart Craine, Barefoot Power: Selling Renewable Energy to the Poor

ListenDownloadStewart Craine

Stewart Craine and his Barefoot Power are out to eliminate kerosene lamps in impoverished areas and replace them with better and cheaper electric LED lamps. At first I thought such an undertaking might be the focus of a non-profit, but Stewart says "solving energy problems for 1.5 billion people, a $10-30B problem, non-profits just haven't scaled that much". Reminds me of Dan Pallotta's Uncharitable, How Restraints on Nonprofits Undermine Their Potential; listen to my interview with Dan, then I mention M. Yunus' Banker To The Poor: Micro-Lending and the Battle Against World Poverty, but that's not what Stewart's doing either, "close, but significantly different". Listen closely to my first guest in mainland China.

He's partnered with micro credit specialists Oikocredit to create the Barefoot Angels Fund.

Show #250 (29:15) Listen

Join me in Toronto at the National Angel Summit Oct 14th and 15th. Registration details.

Then I'll be speaking Dec 8th at the Puerto Rico Venture Forum in San Juan. Guaranteed 80 degrees! Registration details.

 
 
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